Introduction In today’s interconnected global marketplace, businesses operating within Nigeria are increasingly susceptible to the unpredictable nature of international currency exchange rates. A particularly significant challenge for Nigerian enterprises is …
Spotlight
-
BusinessBusiness InsightsDevelopmentEconomyEntrepreneurshipFinance & ServicesSpotlight
-
AfricaDangote IndustriesEnergyFinance & ServicesInfrastructureSpotlightTrade and Commerce
Afreximbank Launches $3bn Credit Line to Support Fuel Imports Across Africa, Caribbean
The African Export-Import Bank (Afreximbank) has launched a $3 billion revolving credit facility to help buyers across Nigeria, Africa, and the Caribbean access refined petroleum products from within the continent. …
-
Banking, Finance & InvestmentEconomyINVESTMENTNigeriaSpotlightZenith Bank
Zenith Bank Shareholders Approve N195.67bn Final Dividend Amid Strong 2024 Performance
Shareholders of Zenith Bank Plc have approved a final dividend payout of N4.00 per share, bringing the total dividend for the 2024 financial year to N5.00 per share. This amounts …
-
AviationGOVERNMENTNigeriaSecuritySpotlight
NSA Orders One-Stop Security Screening System at Nigerian Airports to Boost Aviation Safety
The Office of the National Security Adviser (ONSA) has directed the implementation of a one-stop joint-interest screening system across Nigerian airports. This initiative is part of efforts to address the …
-
Banking, Finance & InvestmentBusinessBusiness InsightsEconomyNigeriaSpotlightTechnologyTelecommunications
GTBank hikes SMS alert fee to ₦6
Guaranty Trust Bank (GTBank) has informed its customers that there will be an increase in the fee for SMS transaction alerts, effective from Thursday, May 1, 2025. The new charge …
-
AfricaBusiness InsightsEconomyInternational RelationsINVESTMENTManufacturingNigeriaPoliciesSouth AfricaSpotlightTrade and Commerce
Trump’s Tariff War Shakes African Economies, Sparks Fresh Push for Trade Alternatives
The recent trade decision by United States President Donald Trump is now causing serious economic pressure across Africa. President Trump, under his “Liberation Day” trade policy, has introduced fresh tariffs …
-
AgricultureBusiness InsightsEconomyHealthcareInternational RelationsPoliciesSouth AfricaSpotlight
Tanzania Bans Food Imports from Malawi and South Africa Over Trade and Plant Health Issues
The government of Tanzania has stopped the importation of agricultural goods from both Malawi and South Africa with immediate effect. This decision was announced by the country’s Minister of Agriculture, …
-
AfricaAFRICA NEWSSpotlight
Driving E-Commerce Growth in Nigeria: Send Jon Fulfillment Services Sets New Standards in Logistics
by Editorby EditorIn Nigeria’s e-commerce sector, the demand for reliable order fulfillment services has never been higher. As online retail continues to grow, companies face increasing pressure to deliver products quickly and …
-
MTN Nigeria confirmed yesterday that it has closed its offices across the country to protect its employees from further harm following incidents on Monday. The company is currently assessing the …
-
The International Monetary Fund (IMF) has approved a bailout of $3.4bn (£2.6bn) for Ethiopia to support its economic reforms over the next four years. The Horn of Africa nation has …