In a bold and strategic move, the government of Ghana has directed all pension funds in the country to invest at least 5% of their assets into local venture capital …
BusinessFinance & ServicesGhanaINVESTMENTPoliciesTechnology
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Finance & Services
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BusinessFashion & StyleFinance & ServicesInternational RelationsTechnology
South African Retail Giant TFG Sees Profit Rise.
South African fashion powerhouse, The Foschini Group (TFG), has reported an increase of 4.6% in its annual earnings for the financial year ending March 31, 2025. This growth comes on …
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AviationBusinessFinance & ServicesGOVERNMENTNigeriaTransportation & Logisitics
Nigeria Customs Suspends Action on Private Jet Owners Again, Grants One-Month Grace to Pay Duties
The Nigeria Customs Service (NCS) has once again shifted its stance on the controversial issue of unpaid import duties on private jets, granting indebted owners an additional one-month grace period …
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Business and EconomyEconomyFinance & ServicesGOVERNMENTNigeria
SMEDAN Secures N11 Billion, Creates 100,000 Jobs in Two Years – DG Charles Odii
The Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr. Charles Odii, has revealed that the agency has facilitated over N11 billion in financial support for …
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AfricaAFRICA NEWSFinance & ServicesGlobal NewsLeadershipNigeria
UN Commends AfDB President Akinwumi Adesina for Transformative Global Finance Leadership
The Secretary-General of the United Nations, António Guterres, has praised the President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, for his trailblazing role in reshaping global development finance …
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EconomyFinance & ServicesGlobal NewsINVESTMENTMarketsSecurity
Nigeria’s SEC Sets November 2025 for Shift to T+2 Settlement Cycle in Equities Market
The Securities and Exchange Commission (SEC) has officially announced that the Nigerian capital market will adopt a T+2 settlement cycle for all equities transactions, starting November 28, 2025. This marks …
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Business and EconomyEconomyFinance & ServicesINVESTMENTMarketsNigeria
Nigerian Stock Market Soars with N1.16tn Gain as Investors Position Ahead of Eid-el-Kabir
The Nigerian equities market closed on a high note on Thursday as investors celebrated a massive ₦1.16 trillion gain in market capitalisation, the largest single-day profit recorded in recent weeks. …
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AgricultureFinance & ServicesGOVERNMENTInfrastructurePolitics
Judiciary Must Help Nigeria Fight Economic Saboteurs as Some States Show Signs of Hope
There is growing concern over how the Nigerian judiciary may be contributing to the country’s economic and governance challenges. Many observers believe that some influential people are using the court …
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EconomyFinance & ServicesMarketsNewsNigeria
Naira Hits Two-Month High of ₦1,565.46/$ Amid Strengthening Reforms and Policy Stability
The Nigerian naira on Wednesday reached its strongest level in over two months, closing at ₦1,565.46 to the dollar at the official foreign exchange (FX) market. This marked a ₦13.82 …
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EconomyFinance & ServicesINVESTMENTPoliciesSouth Africa
S&P Says South Africa Needs Better Growth and Discipline to Get Credit Upgrade
South Africa must grow its economy faster and manage its public finances better if it hopes to receive its first credit rating upgrade in over 20 years, according to S&P …