News

In Nigeria, small businesses are stuck between a rock and a hard place when it comes to financing their dreams. Traditional banks, once seen as a reliable lifeline for entrepreneurs,...

The African Development Bank (AfDB) Group has elected Sidi Ould Tah of Mauritania as its new president, marking the end of an era for outgoing President Akinwumi Adesina, who has...

Tony Elumelu, Chairman of United Bank for Africa (UBA) Plc, has significantly increased his stake in the bank through a strategic acquisition of over 45 million shares. This move shows...

Nigeria’s reign as Africa’s top fuel importer has come to an end, thanks to the rising output from the Dangote refinery, Bloomberg reports. Referencing insights from energy consultancy CITAC, Bloomberg...

Elon Musk, the billionaire CEO of Tesla and SpaceX, has officially exited the Donald Trump administration, ending a brief but headline-grabbing tenure as a special government employee at the Department...

The Securities and Exchange Commission (SEC) has issued a stern warning to Nigerian investors over the activities of 'Silverkuun Investment Cooperative Society', citing the group’s unauthorised operations in the financial...

Each year, Brand Africa delivers fresh insight into which brands are shaping the hearts, minds, and wallets of Africans. In its 15th edition, the 2025 Brand Africa 100: Africa’s Best...

The World Bank has stated that despite the significant growth in agricultural output across Sub-Saharan Africa, the region is still grappling with food insecurity, leaving many without access to nutritious...

Africa’s richest man and President of Dangote Industries Limited, Aliko Dangote, has unveiled ambitious plans to significantly boost Nigeria’s foreign exchange earnings through large-scale exports of fertiliser, coal, and petrochemical...

The World Bank has urged the Nigerian government to implement new tax measures as a prerequisite for accessing the remaining funds from a $750 million loan under the Accelerating Resource...