The leading technology solutions aggregator in Sub-Saharan Africa, TD Africa, has officially announced the onboarding of Zinox Technologies into its basket of global brands. This milestone marks a strategic alignment between two…
Category: Business & Economy
79% of informal businesses record increase in cost – MoniePoint report
Oct. 19, 2025 Seventy-nine per cent of businesses in the informal economy record increase in their cost of doing business over the past one year, MoniePoint’s Informal Economy Report, 2025 says. The…
That unflattering World Bank report, by Monday Philips Ekpe
Federal government should accept informed counsel to properly address Nigeria’s socio-economic hurdles, writes MONDAY PHILIPS EKPE Global financial organisations, particularly the International Monetary Fund (IMF) and World Bank (WB), have been…
Dangote Refinery says crude inflow reduction driven by high prices, not faults
October 17, 2025 Nigeria’s Dangote Refinery said on Friday that recent reductions in crude oil inflows were a strategic response to elevated global prices, not the result of operational failures. The company…
Oborevwori seeks NDDC partnership to fix federal roads in Niger Delta
Delta State Governor, Rt. Hon. Sheriff Oborevwori, Friday called on the Niger Delta Development Commission (NDDC) to partner with the state governments in rehabilitating critical federal roads across the region. Speaking…
Oil set for weekly loss on uncertainty over global supply outlook
October 17, 2025 Oil prices edged lower on Friday, heading for a weekly loss of around 3% after the IEA forecast a growing glut and U.S. President Donald Trump and Russian President…
Waste to wealth initiative and Gov. Otti’s ambitious plans to revive moribund industries
Oct. 17, 2025 Gov. Alex Otti of Abia State has announced an ambitious plan by his government to revive moribund industries and convert waste generated in the state into energy. Otti said…
AFRICA-FX- Nigeria’s naira seen weakening further, Ghana’s cedi to extend rally
October 16, 2025 Nigeria’s naira is expected to depreciate further next week as foreign investors sell local assets amid global risk aversion and limited dollar supply, while Ghana’s cedi will extend its…
IMF highlights risks of domestic borrowing in sub-Saharan Africa
October 16, 2025 Sub-Saharan African governments are paying more to borrow at home than abroad as they turn increasingly to domestic banks to plug financing gaps, deepening risks for lenders and squeezing…
Stock market records 432.4m shares worth N16.9bn
Oct. 16, 2025 The stock market traded 432.4 million shares valued at N16.9 billion in 23,665 transactions on Thursday. This is in contrast to 389.1 million shares valued at N12.5 billion recorded…