Economy

Lafarge Africa Plc, a top cement and building solutions provider in Nigeria, has reported a substantial increase in revenue for the second quarter of 2025, with sales hitting N268.63 billion. …

President Bola Ahmed Tinubu on Tuesday evening received billionaire industrialist and Chairman of Dangote Group, Alhaji Aliko Dangote, at the Presidential Villa in Abuja for a private meeting, underscoring the …

The House of Representatives has accused the National Insurance Commission (NAICOM) of failing in its regulatory role, saying the lapse allowed widespread financial infractions by 25 insurance firms operating in …

The Securities and Exchange Commission (SEC) says that Nigeria can unlock up to $500 billion in dormant agricultural and mineral assets if the country formalises the trading of commodities and …

President Bola Ahmed Tinubu has instructed the National Single Window (NSW) Steering Committee to ensure the full implementation of the digital trade facilitation platform by the first quarter of 2026. …

Portuguese energy company Galp is now set to begin direct talks with potential partners who have shown interest in joining its oil exploration project in Namibia. The company’s Co-Chief Executive …

Botswana’s economy is facing fresh pressure as Citigroup Inc. has warned that the country may need to devalue its currency further, following a sharp drop in diamond revenues. The Bank …

In recent weeks, currency traders across Africa have been closely watching movements in local markets, with particular focus on the Ugandan shilling and the Zambian kwacha. Both currencies are now …

The World Bank has agreed to finance the construction of the Mphanda Nkuwa hydropower plant in Mozambique. The massive project is valued at US$6.4 billion (about 406.4 billion meticais) and …

The Zambia Police Service has arrested the Managing Director of a private firm, Mr. Abel Ng’andu, over allegations that he stole company money and used it for personal purposes. Mr. …