South Africa is staring at a potential economic setback as new United States tariffs could see exports to the US fall by as much as $2.3 billion annually. This is …
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Economy
- BusinessEconomyGlobal NewsGOVERNMENTLabourZIMBABWE
Zimbabwe Diamond Firm Sacks 400 Workers as Global Gem Prices Crash
Zimbabwe Consolidated Diamond Company (ZCDC), the country’s largest diamond mining firm, has announced it is laying off 400 workers due to a global slump in the market for natural diamonds. …
- AgricultureDevelopmentEconomyTechnologyTelecommunications
Airtel Money, TCDC Partner to Boost Digital Financial Access for Farmers in Tanzania
Airtel Money Tanzania has announced a new partnership with the Tanzania Cooperative Development Commission (TCDC) aimed at expanding access to digital financial services for thousands of farmers across the country. …
- EconomyFinance & ServicesNigeriaOil & GasPolitics
Senate Demands NNPCL Account for N210 Trillion Flagged in 2017–2023 Audit Report
The Nigerian Senate has declared that the Nigerian National Petroleum Company Limited (NNPCL) is yet to account for a staggering N210 trillion flagged in the audit report of federal ministries, …
- AgricultureDevelopmentEconomyEnvironmentNigeria
BATN Foundation Launches Maize Micro-Enterprise Project to Empower Farmers in Ekiti
The British American Tobacco Nigeria Foundation (BATNF) has launched a new agricultural development initiative, the Sustainable Development of Maize Micro-Enterprise Farmers Project, aimed at empowering over 100 smallholder maize farmers …
- BusinessEconomyLabourNigeriaTechnologyTransportation & Logisitics
inDrive Introduces 0.1% Peak-Hour Commission in Abuja
Global ride-hailing company, inDrive, has introduced a new initiative in Abuja that reduces its commission to just 0.1% for drivers during peak hours. The move, announced by the company on …
- EconomyInfrastructureTechnologyTrade and CommerceTransportation & Logisitics
Lekki Deep Seaport Targets 500,000 TEUs in 2025 Amid Transhipment Growth and Economic Recovery
The $1.5 billion Lekki Deep Seaport is looking to more than double its cargo handling operations by the end of 2025, aiming for 500,000 Twenty-foot Equivalent Units (TEUs) after processing …
- EconomyEnvironmentInternational RelationsPoliticsSecurity
Oyetola Launches Global Campaign in London for Nigeria’s IMO Council Seat
Nigeria has stepped up its efforts to secure a seat on the International Maritime Organization (IMO) Council as the Minister of Marine and Blue Economy, Adegboyega Oyetola, launched a high-level …
- AfricaBanking, Finance & InvestmentEconomyMarketsTechnology
UBA Pushes Pan-African Banking Goals as Executives Meet in Lagos for Half-Year Review
The United Bank for Africa (UBA) Group has restated its commitment to expanding its pan-African presence as it continues to grow beyond Nigerian borders. This came during the Group’s Half-Year …
- DevelopmentEconomyGOVERNMENTHealthcareSecurity
Germany Supports €20m Resilience Project for 200,000 People
The German Government, in partnership with the United Nations Children’s Fund (UNICEF) and the World Food Programme (WFP), has launched a €20 million project aimed at boosting resilience and improving …