Ecobank, AfCFTA Sign Deal to Boost African Trade
The African Continental Free Trade Area Secretariat and Ecobank Group have signed a Memorandum of Understanding aimed at accelerating intra...
Femi Otedola Commits $100m Stake in Dangote Refinery
Nigerian billionaire Femi Otedola has pledged a $100 million investment in the Dangote Petroleum Refinery & Petrochemicals Limited, reinforcing confidence...
CBN Retains MPR at 26.5% Amid Inflation Pressure
The Central Bank of Nigeria has retained the Monetary Policy Rate at 26.5 percent, as the Monetary Policy Committee adopted...
FirstBank launches Visa Signature premium card
Nigeria’s banking industry and the broader African financial sector recorded two major developments this week as First Bank of Nigeria...
Dangote Expands Ethiopia Investment to $4bn
The Dangote Group is significantly expanding its industrial footprint across Africa, raising its Ethiopia investment commitment to more than $4...
Nigeria gets new credit upgrade by S&P Global Ratings
Nigeria’s credit upgrade by S&P Global Ratings has triggered renewed optimism around the country’s economic recovery, with analysts pointing to...
Aliko Dangote Rejects NNPC Bid for Increased Ownership stake
Africa’s richest businessman, Aliko Dangote, has revealed that the Nigerian National Petroleum Company Limited attempted to increase its ownership stake...
NNPC Reopens Nigeria Oil Block Sales Amid Investor Interest
Nigerian National Petroleum Company Limited has unexpectedly reopened applications for Nigeria oil block sales, expanding the number of upstream...
Ethiopian Airlines Wins Best Airline in Africa 2026 Award
Ethiopian Airlines has been named the Best Airline in Africa at the 2026 APEX Passenger Choice Awards, further strengthening its...
Bank of Zambia Cuts Interest Rate to Two Year Low
The Bank of Zambia has reduced its benchmark interest rate to the lowest level in two years as inflationary pressures...
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