Nigeria’s main crude oil grades — Bonny Light, Brass River, and Qua Iboe — jumped above $77 per barrel on Friday and kept their rise up to Sunday. The price …
News
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The Lagos State Government has suspended all planning approvals immediately along the Lagos-Calabar Coastal Road. The decision was made to allow the state to check the effects of the road …
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Arts & CultureBusinessEducationInnovationNewsNigeria
BIC Reaffirms Commitment to Education in Nigeria as Cristal Pen Turns 75
Stationery company BIC has restated its promise to improve education in Nigeria as it celebrates the 75th anniversary of its popular Cristal ballpoint pen. In a statement, BIC explained that …
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BusinessFinance & ServicesMarketsNewsNigeriaOil & Gas
MRS Oil Eyes N3.95bn Profit After Tax in Q3 2025
MRS Oil Nigeria Plc says it expects to make a net profit after tax of N3.95 billion in the third quarter of 2025. The company made this disclosure in its …
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EconomyMarketsNewsSouth Africa
South African Rand Firms Slightly Ahead of Mining Output Data Release
The South African rand showed modest gains in early trading on Thursday, edging higher as investors awaited key mining production figures. At 06:45 GMT, the rand traded at 17.7150 against …
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NKHATA BAY — In a major step toward modernising border security and migration management, Malawi has launched a one-year pilot phase of the Marine Border Project in Nkhata Bay District, …
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AFRICA NEWSGOVERNMENTMALAWINewsPolitics
Malawi Presidential Race: Thoko Banda Vows to Lead by September
LILONGWE — Independent presidential aspirant Thoko Banda has vowed to emerge as the frontrunner by September 1, just two weeks before Malawians go to the polls on September 16, 2025. …
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AFRICA NEWSBusinessBusiness and EconomyDevelopmentEastern AfricaInfrastructureManufacturing & Consumer GoodsNewsTANZANIATrade and Commerce
Tanzania Boosts Steel Industry with New ALAF Color Coating Line
DAR ES SALAAM, TANZANIA — In a major boost to Tanzania’s industrialization drive, ALAF Limited has launched a new Color Coating Line (CCL) with an annual production capacity of 75,000 …
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BusinessDevelopmentInfrastructureMarketsNewsSouth AfricaTelecommunications
Telkom Resumes Dividend After Four-Year Break as Profit Surges 62%.
South African telecommunications giant Telkom has returned to the dividend table after a four-year hiatus, following a strong performance that saw full-year headline earnings jump by 62.3%. The company, which …
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Non-interest financial institution TAJBank has signed the completion agreement for the second tranche of its N100 billion Mudarabah Sukuk bond programme, valued at N20 billion. The agreement was formally concluded …