Afreximbank Cuts Credit Rating Ties With Fitch Months After Downgrade
The African Export-Import Bank (Afreximbank) has terminated its credit rating relationship with Fitch Ratings, more than seven months after a
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Economics
BUA Cement, Dangote’s Biggest Rival, Eyes Additional 3 Million Tonnes in Expansion Push
BUA Cement, Nigeria’s second-largest producer of the building material after Dangote, is looking to expand its production capacity by 3
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Tinubu Says New Tax Laws Will Take Effect as Planned Despite Alleged Changes
President Bola Tinubu has said the new tax laws, including those that took effect on June 26, 2025, and the
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Egypt Joins Forces with Afreximbank to Create Pan-African Gold Bank
The Central Bank of Egypt (CBE) and African Export-Import Bank (Afreximbank) have signed a Memorandum of Understanding (MoU) for the
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Fresh $1.2bn Financing for Lagos-Calabar Coastal Road Excites Tinubu
President Bola Tinubu has praised the Federal Ministry of Finance for successfully closing $1.26 billion in financing for the execution
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PZ Cussons Nigeria Swings to Half-Year Profit, on Track to Sell Assets Worth N1bn
PZ Cussons Nigeria reported a profit before tax of N37.91 billion for the six months ended 30 November, compared with
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Dangote Hires Ex-Central Bank Director as Group Chief Economist
Dangote Group has appointed renowned economist and former Central Bank of Nigeria (CBN) Director, Dr Mahmud Hassan as its Chief Economist, strengthening
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Continental Re Moves to Botswana from Mauritius for ‘Next Growth Horizon’
Continental Reinsurance Holdings says it has relocated from Mauritius to the Republic of Botswana, following the completion of all logistical,
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Frigoglass Sells Nigerian Glass Business to Helios in Latest Multinational Exit
Greece-based Frigoglass Group has entered into an agreement to sell the entirety of its shareholding in Frigoinvest Nigeria Holdings B.V.,
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E-commerce Giant Temu Partners Nigerian Startup Dellyman for Deliveries
Temu, a global e-commerce firm, has entered into a delivery partnership with Lagos-based logistics startup Dellyman, marking a significant step
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