Mastercard partners Letshego to drive cashless payments in Mozambique
Mastercard and Mozambican financial services provider Letshego have unveiled a new debit card designed to advance the country’s shift toward a more…
Business
Musk, Cook named to Trump’s China delegation
The White House has invited top United States business leaders, including Elon Musk of Tesla, Tim Cook of Apple, and Kelly Ortberg…
Dangote eyes $50bn listing as oil prices strengthen
Africa’s richest man, Aliko Dangote is aiming for a valuation of up to $50 billion for his planned refinery listing this year,…
Dangote, Norwegian sovereign wealth fund explore major investment ties
The President/Chief Executive of the Dangote Group, Aliko Dangote, has met with Nicolai Tangen, CEO of Norges Bank Investment Management, the world’s…
Nigeria’s cargo throughput rises 11.6% to 32.38 million tonnes – NPA
Nigeria recorded a cargo throughput of 32.38 million metric tonnes in the first quarter of 2026, representing an 11.6 per cent increase…
NESG flags weak revenue, structural gaps as key threats to fiscal stability
The Nigerian Economic Summit Group has cautioned that despite recent improvements in key fiscal indicators, Nigeria still faces considerable debt risks, pointing…
UK records lithium-ion battery fire every five hours – Report
Fire brigades across the United Kingdom are responding to lithium-ion battery fires roughly once every five hours, according to new figures, with…
Betting affects African families’ spending on food, others – Shoprite CEO
Rising gambling activity across Africa is diverting household spending away from essentials such as groceries, entertainment, and mobile phone bills. Executives from…
Top 10 FMCG firms incur ₦1.963trn debt in 2025
Analysis of the audited 2025 full-year financial statements of top ten Fast-Moving Consumer Goods companies in Nigeria has revealed that the firms…
Dua Lipa sues Samsung over unauthorised use of image
British pop star Dua Lipa has filed a $15 million (£11 million) lawsuit against Samsung, accusing the company of using her image…
FEC approves key PPP projects to boost transport, power systems
The Federal Executive Council has approved three public–private partnership initiatives aimed at boosting Nigeria’s transport and power infrastructure. The approved projects include…
NNPC rules out spending on new refinery rehabilitation deal
New information has surfaced regarding the recently signed Memorandum of Understanding between the Nigerian National Petroleum Company Limited and two Chinese firms…