Libya’s Presidential Council has announced plans to investigate and audit major contracts in the country’s oil and electricity sectors following years of heavy spending with little progress. The media office …
Economy
- AFRICA NEWSEconomyEnergyGovernanceOil & GasPolitics
Speculation is growing over how much central government workers in India could earn once the 8th Pay Commission takes effect, even though the commission has not yet been officially set …
- BusinessCapital MarketDigital EconomyEconomyFinancial InclusionInternational RelationsLeadershipNigeria
SEC DG Emomotimi Agama Elected Vice Chairman of IOSCO Africa
The Director General of the Securities and Exchange Commission of Nigeria, Dr. Emomotimi Agama, has been elected Vice Chairman of the Africa/Middle East Regional Committee (AMERC) of the International Organisation …
- Banking, Finance & InvestmentEconomyFinanceKenya
Kenya’s Banking Giants Post Strong Half-Year Results, Boost Investor Confidence
Kenya’s banking sector has delivered a solid set of half-year 2025 results, with leading lenders reporting steady profit growth, generous interim dividends, and continued strategic expansion in high-demand sectors such …
- BusinessEastern AfricaEconomyFinanceTelecommunications
MTN Uganda Records Strong Revenue Growth in H1 2025 Despite Profit Dip from Tax Settlement
MTN Uganda has announced a strong financial performance in the first half of 2025, showing double-digit growth in revenue despite a dip in profit due to a significant one-off tax …
- AfricaCentral BankingCurrencyEconomyFinanceMining
Africa’s Central Banks Boost Gold Holdings for Stability
Central banks across sub-Saharan Africa are ramping up gold purchases in a bid to protect their economies from global financial instability and rising geopolitical tensions. Ghana is leading this shift, …
- AgricultureEconomyInternational MarketsRural DevelopmentTANZANIATechnologyTrade
Tanzania Sesame Trade Hits 200,000-Tonne Milestone
Tanzania has crossed a major milestone in its sesame trade, recording over 200,000 tonnes of sesame traded through the Tanzania Mercantile Exchange (TMX), the state-backed digital commodity auction platform. The …
- BusinessCorporate Social Responsibility,DevelopmentEconomyNigeriaYouth Empowerment
Nestlé Expands Empowering Rural Women Programme to Agbara
Nestlé Nigeria has extended its flagship initiative, Nestlé Empowering Rural Women in Nigeria, to Agbara, Ogun State, welcoming 49 new female entrepreneurs into the programme. The scheme, now in its …
- DevelopmentEconomyHousingInfrastructureInternational RelationsNigeriaUrban Development
Nigeria Explores Kuwait Fund Partnership for Housing and Urban Development
The Federal Ministry of Housing and Urban Development is seeking partnership opportunities with the Kuwait Fund for Arab Economic Development (KFAED) to boost infrastructure projects that will support affordable housing …
- BusinessEconomyFinanceNigeriaTransportation
SAHCO Records 155% Profit Growth in Half-Year 2025 Results
Skyway Aviation Handling Company Plc (SAHCO) has reported a profit after tax of N8.14bn for the half year ended June 30, 2025, marking a 155.4 per cent jump from N3.19bn …