Business and Economy
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GAIM 6: Fidelity Bank unveils 20 new millionaires in 7th and 8th monthly draws
…Rewards Another 29 Customers from the 4th, 5th, and 6th Monthly Draws with Cash Prizes Leading financial institution, Fidelity Bank…
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The Coca-Cola Company names new leader for Africa operating unit
JOHANNESBURG, South Africa The Coca-Cola Company (www.Coca-ColaCompany.com) has announced that Luis Felipe Avellar will become president of the Africa operating…
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NIMC upgrades Diaspora NIN enrolment platform for effective service delivery
To ensure effective service delivery and smooth management of the National Identification Number (NIN) enrolment in the Diaspora, the National…
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Intra-African Trade Fair 2025 welcomes Arise Integrated Industrial Platforms (Arise IIP) as official Premier Partner
ALGIERS, Algeria, August 8, 2025 Intra-African Trade Fair 2025 (IATF2025), Africa’s premier trade and investment forum, has announced Arise Integrated…
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Dangote Refinery debunks shutdown rumour, says PMS’s gantry price remains N850
The Dangote Petroleum Refinery has firmly dismissed recent reports alleging a shutdown of its operations, reassuring the public and market…
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PAC Capital hosts strategic dialogue at Africa-Caribbean Trade and Investment Forum in Grenada
ST. GEORGE, Grenada, August 6, 2025 PAC Capital Limited (www.PACCapitalLtd.com), a premier investment banking and financial advisory firm, successfully hosted…
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Africa-Caribbean Trade and Investment: From Vision to Reality By Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development, Afreximbank
Being the Opening Statement to introduce the Panel Discussion on “Africa-Caribbean Trade and Investment: From Vision to Reality” at the…
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Global Africa now an economic, cultural, practical reality – Dr. Elombi, incoming Afreximbank President
Dr. George Elombi, the Executive Vice-President – Corporate Governance and Legal Services, Africa Export-Import Bank (Afreximbank), has said that all…
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Nigeria’s Port Harcourt Refinery not for sale – NNPC Limited
Abuja, Nigeria, 30 July 2025 The Nigerian National Petroleum Company Limited (NNPC) Ltd has officially ruled out sale of the…
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Dangote Cement set to commission 3Mta grinding plant in Côte d’Ivoire
Management of Dangote Cement has announced that it will commission the 3Mta grinding plant in Côte d’Ivoire by the third…
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Audit Report: Senate gives NNPCL 3 weeks to respond to queries on N210trn
By Naomi Sharang Abuja, July 29, 2025 The Senate Committee on Public Accounts has given Nigerian National Petroleum Company (NNPCL)…
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Dangote-Oramah Center of Excellence to be set up in Grenada
President of the Dangote Group of Companies, Aliko Dangote has announced plans to set up a Dangote-Oramah Center of Excellence…
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No more missed opportunities: Strengthening Africa-Caribbean trade and investment in an era of Global Trade Disruption By Pamela Coke-Hamilton and Benedict Oramah
CAIRO, Egypt The share of bilateral exports between Africa and the Caribbean, despite extensive shared history, has never surpassed six…
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Fidelity Bank launches solar powered bags for school children
…Donates 1,000 of the solar-powered school bags to Ogun pupils In a bold step toward improving access to quality education…
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Afreximbank to avail $75 million to Central Bank of The Gambia in a cross-currency swap
ABUJA, Nigeria, July 24, 2025 African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an agreement to avail a US$75-million five-year cross-currency…
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The world is in a state of flux – John Rosenberg tells Toyin Umesiri of ‘Trade With Africa’
Toyin Umesiri, a Nigerian-born business educator, trainer, author and founder of popular US-based television program, Trade With Africa, recently interviewed…
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CBN maintains lending rate at 27.5%
By Kadiri Abdulrahman Abuja, July 22, 2025 The Central Bank of Nigeria (CBN) has, once again, kept its key lending…
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Nestlé Nigeria trains 100 plastics waste workers for sustainable future
By Fabian Ekeruche Lagos, July 21, 2025 Nestlé Nigeria Plc has trained 100 plastic waste workers across Lagos and Abuja as…
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Professor Oramah recognised for long service as ETG, TRACE, KCB, CBZ toast award success at 32nd Afreximbank Annual Meetings
…The Pan-African Business and Development Awards, held annually during the Afreximbank Annual Meetings, are designed to celebrate and recognise transformative…
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NCDMB unveils Nigerian Content Fund Certificate, empowers 130 firms with US$400m NCI Fund
The Nigerian Content Development and Monitoring Board has introduced the Nigerian Content Fund Clearance Certificate(NCFCC) as a mandatory compliance document for contractors…
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Appeal Court upturns N579bn stamp duty payment case in CBN’s favour
By Taiye Agbaje Abuja, July 16, 2025 The Court of Appeal in Abuja on Wednesday, reversed the Federal High Court…
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ATIDI approves USD84 million counter-guarantee to support financing of Rwanda’s new international airport
Kigali, 15th July 2025 African Trade & Investment Dev. Insurance (ATIDI), Africa’s only multilateral investment and credit insurer, has approved a…
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Africans will develop Africa, Dangote tells Global CEOs
…. ‘You think small, you don’t grow; you think big, you grow’ …. LBS hails Dangote as a visionary leader…
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Ibom Air targets N150bn revenue in 2025
By Itohan Abara-Laserian, Lagos, July 11, 2025 Ibom Air is targeting N150 billion profit for the year 2025, up from…
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Renaissance CEO seeks PIA review, applauds regulatory progress
Lagos, Nigeria | July 10, 2025 Managing Director and CEO of Renaissance Africa Energy Company Limited, Tony Attah, has called…
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