Business & Economy

Africa's largest telecoms operator MTN Group is exploring banking licences in select markets as the company looks to expand lending ​from its own balance sheet, CEO Ralph Mupita said on...

Refinery Nigeria's Dangote Refinery, the largest on the continent, is expected in October to seek to raise around $5 billion in ​Africa's biggest IPO listing yet, after months of strong...

Dangote Refinery Seaborne petroleum product exports from Nigeria have grown seven-fold since 2023, as output from the Dangote refinery improved regional fuel trade ​flows and boosted supplies to Europe and...

NAFDAC DG Prof. Mojisola Adeyeye The National Agency for Food and Drug Administration and Control (NAFDAC) has ordered manufacturers of alcoholic beverages below 200ml to commence nationwide recall and stop...

Global stocks Global stocks slipped on Monday and oil prices ​eased as investors awaited details of threatened U.S. sanctions on Iran, while the Canadian dollar dipped as a trade war...

The Federal Government has approved the acquisition and deployment of two next-generation High-Throughput Communication Satellites, NIGCOMSAT-2A and NIGCOMSAT-2B. The approval by the Federal Executive Council (FEC) moves the project into...

The Nigerian Navy has discovered and deactivated a suspected illegal crude oil infrastructure containing approximately 93,000 litres of crude oil in Rivers. This is contained in an operational report by...

No fewer than 12 ships have arrived Lekki, Tin-Can and Apapa ports in Lagos, waiting to discharge petrol, bulk fertiliser, general cargo, bulk wheat, aviation fuel, diesel, and crude oil....

Africa faces the risk of becoming a passive consumer of Artificial Intelligence unless it takes decisive steps to close its widening adoption gap, according to Akua Gyekye, Microsoft's Head of...

Ghana's currency is expected to slide against the dollar in the next week to Thursday, while Uganda's should strengthen and those of Zambia, Nigeria and ​Kenya may be little changed,...