Zimbabwe’s corporate sector is facing fresh pressure after the country’s Finance Minister, Professor Mthuli Ncube, used his mid-term budget review to focus more on boosting government revenue than providing incentives …
Nigerian Economy
- BusinessCorporate AffairsEconomyMonetary PolicyNewsTaxationZIMBABWE
- DevelopmentEconomyGovernment PolicyOil & GasPublic Finance
Tinubu Orders Review of Revenue Deductions by NNPC, FIRS, Customs, NIMASA and Others
President Bola Ahmed Tinubu has ordered a full review of revenue deductions and retention practices by Nigeria’s major federal revenue-earning agencies. The directive was made public by the Minister of …
- BusinessCorporate EarningsEconomyNewsTechnologyTransportation
Bolt Says Top 50 Nigerian Drivers Earned N9.6m in Six Months
Bolt, one of Africa’s largest ride-hailing companies, has announced that its top 50 drivers in Nigeria earned an average of N9,662,105 in the first half of 2025. This translates to …
- Corporate Social Responsibility,DevelopmentEducationInfrastructurePartnershipsPublic-Private Partnership
Vitapur Donates Prefabricated Building to UNILAG to Boost Learning
Vitapur Nigeria Limited, a subsidiary of Vitafoam Nigeria PLC, has donated a prefabricated insulated building to the University of Lagos (UNILAG) to promote learning and support manpower development in the …
- AgricultureBusinessEconomyInternational MarketsManufacturingTrade
Nigeria’s Non-Oil Exports Hit $3.23bn in H1 2025, Up 19.6% from Last Year
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 …
- BankingBusiness InsightsCurrencyEconomyMarketsPolicies
Naira Ends Week Mixed Across Official and Parallel Markets Amid Forex Demand Surge
The Nigerian naira ended last week with a mixed performance in the foreign exchange market, as it recorded marginal gains at the official window but slipped in the parallel market. …
- BusinessDevelopmentEconomyFinanceInfrastructurePolitics
World Bank approves N12.88tn loans to Nigeria in two years
The World Bank has approved a total of $8.40bn (about N12.89tn) in fresh loans to Nigeria within the last two years. The new approvals, which span from June 2023 to …
- AfricaArts & CultureDevelopmentEconomyEntertainmentNigeria
British Council’s Film Lab Africa Showcases African Talent at ASIS 2025
The British Council’s Film Lab Africa, in partnership with Sterling One Foundation, has hosted a special film screening during the Africa Social Impact Summit (ASIS) 2025, which ended recently. The …
- AgricultureBankingBusinessEducationTransportation
NCBA Partners Mobikey to Boost Truck and Equipment Financing for Kenyan Businesses
NCBA Bank Kenya has entered a new partnership with Mobikey Truck & Bus Limited to offer better asset financing options to Kenyan businesses, especially those in construction, logistics, agriculture, and …
- BusinessEconomyGovernanceInfrastructureTax PolicyTransportation
OGIRS Moves to Harmonise Interstate Road Taxes with Single Sticker Plan
The Ogun State Internal Revenue Service (OGIRS) has unveiled a new tax reform initiative aimed at simplifying road taxes for interstate transporters and manufacturers. Known as the Single Interstate Road …