Economy

Java House, one of East Africa’s biggest coffee-led restaurant brands, has reached a historic milestone with the launch of its 100th store, located in Rubaga, Kampala. The new branch marks …

Illovo Sugar Malawi Plc, one of the country’s largest companies, has secured shareholder approval to borrow $45 million from its majority shareholder, Sucoma Holdings Limited, in a move designed to …

African currencies are set for a mixed performance in the coming week, with Ghana’s cedi expected to weaken further against the dollar, while the shilling in Kenya, the naira in …

The World Federation of Exchanges (WFE), the global body representing exchanges and clearing houses, has unveiled its new Exchange Manifesto. The declaration seeks to highlight and reinforce the vital role …

Champion Breweries Plc, a subsidiary of enJOYcorp and member of the EverCorp family, has signed an agreement to acquire the Bullet brand, an alcoholic and energy beverage, in a deal …

The Nigeria Governors’ Forum (NGF) and the Nigerian Communications Commission (NCC) have entered into a strategic partnership aimed at harmonising Right of Way (RoW) policies, boosting broadband connectivity, and accelerating …

Nigeria produced about 1.37 trillion standard cubic feet (scf) of natural gas between January and June 2025, according to fresh data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). …

Nigeria recorded a strong rise in foreign capital inflows in the first quarter of 2025, attracting a total of $5.64 billion. The latest capital importation report released by the National …

Pension Fund Administrators (PFAs) have channelled over N14.5 trillion of workers’ retirement savings into Federal Government securities as of March 2025, highlighting the industry’s continued reliance on sovereign debt. Figures …

The Speaker of the Ekiti State House of Assembly, Adeoye Aribasoye, has restated the commitment of the Assembly to advancing agribusiness in the state, describing agriculture as the foundation for …