Nigeria’s electricity distribution companies, popularly known as DisCos, are once again in the spotlight as revenue shortfalls continue to haunt the sector. In the first quarter of 2025 alone, the …
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- Finance & ServicesGOVERNMENTINVESTMENTPolicies
Alexforbes Declares Special Dividend After Winning Court Case
South African financial services firm, Alexforbes, has declared a final and special dividend after winning the first phase of a legal battle involving a long-standing liability. The company, led by …
- BusinessEconomyEnergyGlobal NewsGOVERNMENTInfrastructureINVESTMENTSouth Africa
Transformation Is Key to South Africa’s Economic Growth – BLSA CEO
Chief Executive Officer of Business Leadership South Africa (BLSA), Busisiwe Mavuso, has said that South Africa’s economic future depends heavily on transformation and continuous reforms. She made this known in …
- BusinessEconomyGOVERNMENTInfrastructureLeadershipTransportation & Logisitics
Over 300,000 Trucks Jam Richards Bay Port as South Africa’s Rail System Breaks Down
South Africa’s biggest bulk export port, Richards Bay, is now struggling to cope with heavy truck traffic due to the ongoing collapse of the country’s rail system. According to reports, …
- AfricaDigital EconomyGOVERNMENTINVESTMENTPoliciesTechnologyTrade and Commerce
FG Partners Itana to Attract Global Tech Investors and Boost Digital Trade in Nigeria
The Federal Ministry of Industry, Trade and Investment has signed a fresh agreement with Itana, Nigeria’s first government-licensed digital economic zone operator. The aim is to boost digital trade, create …
- BusinessGOVERNMENTNigeriaTransportation & Logisitics
Pukka Logistics Joins Global Partners to Support Nigerians with Disabilities
Pukka Logistics and Support Services Ltd., in collaboration with international philanthropists, has extended humanitarian support to Nigerians living with disabilities, distributing food items and sharing words of encouragement in Lagos …
- BusinessEconomyGOVERNMENTInfrastructureNigeriaPolicies
Cutix CEO Laments High Interest Rates, Insecurity, and Influx of Fake Products
NNEWI, Nigeria – Chief Executive Officer of Cutix Plc, Ijeoma Odunoye, has raised fresh concerns over the challenges confronting Nigerian manufacturers, particularly in the cable industry. In a recent interview, …
- DevelopmentGOVERNMENTHealthcareInfrastructureNigeriaPolicies
World Bank Blames State-Level Capacity Weakness for Poor Implementation of $700m Nigerian WASH Programme
The World Bank has blamed poor institutional capacity at the state level for the weak performance of Nigeria’s $700 million Sustainable Urban and Rural Water Supply, Sanitation and Hygiene (WASH) …
- 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 …
- 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 …