The Nigerian Economic Summit Group (NESG) has said that industrialisation is the key to Nigeria’s economic growth and long-term prosperity. This comes as preparations intensify for the 31st Nigerian Economic …
Egypt has entered into a major $1 billion agreement with China’s Sailun Group to build a large automotive tire manufacturing plant in the Suez Canal Economic Zone. The deal, announced …
Mahindra South Africa has taken another big step in its journey in the country with the opening of a new semi-knocked down (SKD) vehicle assembly plant at the Dube TradePort …
Nigeria’s non-oil exports rose to $3.225bn in the first half of 2025, showing a strong performance in the country’s drive to diversify its economy. This figure is a 19.59 per …
Oilden Energies Limited, one of Nigeria’s rising lubricant manufacturers, has announced that it will officially launch its brand and unveil a new subsidiary on Friday, August 15, 2025, in Lagos. …
Presco Plc, one of Nigeria’s major palm oil producers, has reported a strong financial performance for the first half of 2025, posting a profit after tax of ₦88.72 billion. This …
Champion Breweries Plc has returned to profitability in the first half of 2025, posting a profit after tax of ₦2.29 billion. This marks a major turnaround from the ₦386.66 million …
Cadbury Nigeria Plc has bounced back to profitability, posting a profit of N10.2 billion for the first half of 2025, a strong reversal from the N9.7 billion loss it recorded …
The Nigeria Customs Service (NCS) has started sensitising maritime and trade stakeholders on the transition from the existing Fast Track system to the Authorised Economic Operator (AEO) Programme, with full …
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 …