Marketing Analytics Africa has announced that the 2025 edition of its flagship event, the Africa Marketing Technology and E-commerce Conference (AMTEC), will take place on May 24 in Lagos. Themed …
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SFS REIT Records 50% Net Income Growth, Declares N21.50 Dividend Per Unit
SFS Real Estate Investment Trust (SFS REIT) has posted impressive results for the 2024 financial year, reporting a 50.26 per cent increase in net income to N477.09 million. This growth …
- AfricaBusinessFinance & ServicesFintechGhanaINVESTMENTMarketsNigeriaPress ReleasesWestern Africa
VFD Group Declares N3.17bn Dividend, Bonus Shares as Profit Hits N11.3bn in 2024
Shareholders of VFD Group Plc have approved a total dividend payout of N3.17 billion, translating to N2.50 per share, following the company’s strong financial performance in 2024. The resolution was …
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Meta’s Exit Threat Worries Millions of Nigerian Small Businesses
There is rising concern among Nigerian business owners as Meta Platforms, the parent company of Facebook and Instagram, has threatened to leave the country over a fine dispute. Experts in …
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Manufacturers Count N1.91bn FX Loss in Q1 2025 Amid Currency Volatility
Nigeria’s manufacturing sector continues to feel the pinch of unstable foreign exchange rates, as top firms recorded a combined N1.91 billion forex loss in the first quarter of 2025. This …
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African Markets Update: Key Events and Economic Signals
African markets are navigating a busy day of economic indicators, political developments, and global trends on Thursday, May 8, 2025. From court decisions in Côte d’Ivoire to monetary policy announcements …
- EconomyEnergyFinance & ServicesGOVERNMENTInternational RelationsManufacturingMarketsSouth AfricaTrade and Commerce
Rand Slips Ahead of Manufacturing Data as Analysts Watch Power, Ports, and Global Signals
The South African rand lost a bit of ground in early trading on Thursday, May 8, as traders waited for the country’s latest manufacturing output figures. According to market data, …
- Business and EconomyEconomyEnergyFinance & ServicesGlobal NewsManufacturingMarketsSouth AfricaTrade and Commerce
South African Markets Watch: Key Events Shaping Trading on May 8
The South African financial market is facing several important developments that may affect investor decisions and overall market direction on Thursday, May 8, 2025. Economic data from home and abroad, …
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Heidelberg Materials Records Strong Q1 Profits, Credits Growth in Africa
Heidelberg Materials, one of the world’s top cement producers, has started the 2025 financial year on a solid note, with better-than-expected earnings in the first quarter. The German company, which …
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Investors Watch DMO’s ₦550bn Treasury Bills Auction as Market Eyes Interest Rate Direction
Many investors are paying close attention to the Treasury Bills auction being held today, Tuesday, May 7, 2025, as the Debt Management Office (DMO) offers ₦550 billion worth of T-bills …