The Speaker of the House of Representatives, Hon. Tajudeen Abbas, has said that Nigeria is playing a major role in the effort to provide electricity to 300 million Africans by …
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CBK Warns Kenyan Banks to Cut Lending Rates or Face Heavy Fines
The Central Bank of Kenya (CBK) has warned commercial banks in the country to reduce their lending rates or risk facing serious financial penalties. The warning came from CBK Governor …
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EconomyFinance & ServicesGOVERNMENTINVESTMENTPoliciesPoliticsSouth Africa
Lesetja Kganyago Warns Against Populist Economic Promises in South Africa
The Governor of the South African Reserve Bank, Mr. Lesetja Kganyago, has spoken out against what he described as the rising influence of populist politicians in South Africa, warning that …
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AfricaDevelopmentInfrastructureNewsNigeriaPoliciesReal Estate
Stakeholders Push for High-Rise Buildings as Solution to Nigeria’s Slum Crisis
Housing experts and urban planners are calling for a shift towards high-rise residential developments as a long-term solution to Nigeria’s housing deficit and the growing crisis in informal settlements. They …
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The Federal Government is set to launch a Green Mortgage Scheme in collaboration with the German Development Cooperation (GIZ) to promote energy-efficient and climate-smart housing in Nigeria. This initiative was …
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DevelopmentEducationEnvironmentGOVERNMENTNigeriaPoliciesReal Estate
CORBON, CIOB Sign Pact to Boost Professionalism in Nigeria’s Construction Sector
The Council of Registered Builders of Nigeria (CORBON) and the Chartered Institute of Building (CIOB), a UK-based global professional body for construction management, have signed a Memorandum of Understanding (MoU) …
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Banking, Finance & InvestmentBusinessBusiness InsightsBusiness PoliciesEconomyINVESTMENTMarketsNigeriaPolicies
Wema Bank Grows Profit by 270%, Posts N35.8bn in Q1 2025 Amid Strong Interest Income and Cost Control
Wema Bank Plc has reported a strong profit performance in the first quarter of 2025, with profit after tax jumping by 270 per cent to N35.8 billion. This figure is …
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AgricultureDevelopmentEducationFood ProductionGOVERNMENTInternational RelationsNigeriaPoliciesTechnologyWestern Africa
Silagreen Partners Brazil to Boost Nigeria’s Cattle Production, Train Students and Experts
Silagreen International Agro Development Limited has entered into a major international partnership aimed at transforming Nigeria’s cattle production sector. The Nigerian agro firm signed a Memorandum of Understanding (MoU) with …
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Banking, Finance & InvestmentBusiness PoliciesEconomyKenyaKenya NewsMarketsPolicies
Kenyan Banks Increase Secured Interbank Borrowing to KSh69.6 Billion in April 2025
Kenyan banks are now relying more on secured borrowing to manage their short-term funding needs, as the value of secured interbank lending doubled in just one month. According to official …
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Banking, Finance & InvestmentEconomyGOVERNMENTMarketsPolicies
Nigeria’s bond demand declines amid rate hike worries
Nigeria’s bond market is currently facing serious challenges as investor interest has dropped due to fear of rising interest rates and uncertainty in the economy. The Central Bank of Nigeria, …