Lasaco Assurance Plc has promised to keep improving its services and maintain its position as one of the leading insurance companies in the country. This assurance was given at the …
Finance & Services
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BusinessCorporate AffairsFinance & ServicesInsuranceNigeria
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BankingFinance & ServicesInnovationMobile PaymentsSouth AfricaTechnology
Capitec Unveils Easy Cross-Border Transfers for Africans
Capitec Bank has introduced a new cross-border money transfer service aimed at helping millions of people in South Africa send money to their families and loved ones in other African …
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BusinessCapital MarketEconomyFinance & ServicesManufacturingOil & Gas
Aliko Dangote’s Wealth Hits $29.3bn, Now 72nd Richest Person Globally – Bloomberg
Africa’s richest man, Aliko Dangote, has seen his personal fortune grow to $29.3 billion as of August 5, 2025, according to the Bloomberg Billionaires Index. This latest ranking places him …
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BankingDevelopmentFinance & ServicesInternational RelationsLeadershipNigeria
Adesina Promises to Keep Supporting Africa’s Growth After AfDB Tenure Ends
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has said he will continue to push for more capital investments into Africa even after stepping down from his …
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BusinessCapital MarketEconomyFinance & ServicesNewsNigeriaOil & GasRegional Cooperation
Conoil Records Sharp Drop in Half-Year Profit as Revenue and Costs Take a Toll
Conoil Plc, one of Nigeria’s oldest petroleum marketing companies, has reported a significant drop in its profit after tax for the half-year period ended June 30, 2025. According to the …
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BusinessEconomyFinance & ServicesManufacturing & Consumer GoodsMarketsNigeria
Nestlé Nigeria Returns to Profit with N50.6bn Half-Year Gain After Heavy Loss in 2024
Nestlé Nigeria Plc has bounced back to profitability, posting a profit after tax of N50.6bn for the half-year period ended June 30, 2025. This strong recovery comes after the food …
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BusinessCapital MarketEconomyFinance & ServicesMarkets
NGX Market Capitalisation Increases by N459bn as BUA Cement
The Nigerian Exchange Limited (NGX) continued its upward momentum on Tuesday, August 6, 2025, as the market saw renewed buying interest in major stocks. The All-Share Index (ASI) climbed by …
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DataPro Limited, one of Africa’s leading firms in compliance and risk management consulting, has announced plans to hold its 2025 edition of the Kigali Master Class. The executive-level training will …
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AfricaBusinessEconomyFinance & ServicesGOVERNMENTRwandaRwanda DailyTechnology
Rwanda Targets $200m Investment with New FinTech Plan
Rwanda has taken another big step in its push to become one of Africa’s top technology and digital finance centres. The East African country has officially launched a new National …
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BankingBusinessFinance & ServicesInfrastructureRegulationTechnology
NOVA Bank Targets Growth with New Branches, Regional Licence Plan
NOVA Bank has announced plans to open new branches in Owerri, Abuja, and Port Harcourt as part of efforts to expand its operations across the country. The bank also said …