Blog

Experts have highlighted the harmonisation of copyright laws, innovation, and infrastructure development, among other things, as key to strengthening Africa’s creative economies. The experts – executive director of Copy Ghana, Joseph B. Gyamfi; founder and CEO, Bliss Executives, The Gambia, David Jeng and the director of Nigeria Copyright Commission (NCC), Lagos and intellectual property consultant, […]

Nigeria and seven other African countries have endorsed a landmark charter establishing the African Petroleum Regulators Forum (AFRIPERF), setting a new course for harmonised petroleum regulation and investment promotion across the continent. The signing ceremony occurred on Thursday, on the sidelines of the 31st Africa Oil Week in Accra, Ghana, chaired by the chief executive […]

Noor Takaful Insurance Limited, the pioneer and leading composite Takaful insurance firm in Nigeria, has distributed a total of four hundred and four million, one hundred and ninety-one thousand, five hundred naira (N404,191,500.00) as surplus to participants who did not make claims on their insurance during the 2023 financial year. The surplus distribution was announced […]

First City Monument Bank (FCMB) has formed a strategic partnership with Truecaller, a global platform for trusted communication, to transform its engagement with customers across the country. This collaboration aims to enhance customer trust, reduce fraud, and ensure that communication between FCMB and its customers is safe, trusted, and seamless. With this partnership, FCMB will […]

The federal government has refuted recent claims by Africa’s richest man that the Ajaokuta Steel Company Limited (ASCL) is beyond revitalisation, saying it is committed to bringing the decades-old moribund behemoth into productive use. The government also issued a firm deadline of 31 December 2025 for mining and quarrying companies licensed by the Nigerian Mining […]

Google, while reaffirming the commitment to Africa, has unveiled new subsea cable connectivity hubs, $9 million Fund and Artificial Intelligence(AI) tools for students. To this end, it is building on nearly two decades of partnership with infrastructure, learning and innovation and skills announcements, including four strategic subsea cable connectivity hubs in the north, south, east […]

The Nigeria Employers’ Consultative Association (NECA) has applauded the steady decline in Nigeria’s inflation rate, which has moderated for five consecutive months. This follows the National Bureau of Statistics (NBS) Consumer Price Index (CPI) report, which shows headline inflation easing to 20.12 per cent in August 2025, down from 21.88 per cent in July. Director-General, […]

The Presidential Fertiliser Initiative (PFI) says it is advancing to a new phase designed to guarantee a stable and uninterrupted fertiliser supply for Nigerian farmers, in line with President Bola Ahmed Tinubu’s vision for food sovereignty. Tagged PFI 3.0, the initiative will prioritise year-round availability of raw materials for blending plants, improve cost efficiency, and […]

The African Development Bank (AfDB) has approved a $25 million equity investment in The Currency Exchange Fund (TCX) to strengthen access to long-term local currency hedging solutions across emerging and frontier markets, particularly in Africa. The Bank said the new capital injection would increase TCX’s ability to absorb risk and extend its reach into illiquid […]

United Bank for Africa (UBA) Plc has released its financial performance for the Half-year ended June 30, 2025, showing profit after tax of N335 billion. The bank released its audited financials to the Nigerian Exchange Limited (NGX) yesterday. The results showed significant growth in gross earnings and profit after tax, signalling robust balance sheet expansion. […]