Business
Nigeria private sector PMI hits nine-month high of 54.1 in May on stronger demand and new products
Stanbic IBTC Bank PMI shows output and new orders accelerating, though employment remains muted amid rising fuel costs. Nigeria’s private sector activity improved ...
Business
GCR Ratings affirms Stanbic IBTC Bank at AAA(NG) with Stable outlook on strong capitalisation and parent support
Rating agency cites robust asset quality, improved liquidity, and backing from Standard Bank Group as Stanbic IBTC maintains top-tier national ratings. GCR Ratings ...
News
Tinubu declares Nigeria stabilized on third anniversary, cites economic recovery after reforms
President says fuel subsidy removal and exchange rate unification triggered short-term pain but now yielding stock market boom, infrastructure growth, and fiscal stability. ...
News
Civic space demand holds strong across Africa as freedom of speech declines, Afrobarometer report shows
Only 13 of 38 countries have majorities who feel completely free to say what they think, with perceived media freedom falling in 20 ...
News
Africa’s economy to grow 4.2% in 2026 amid global turbulence, says AfDB’s African Economic Outlook
Continent faces 1.3 trillion annual financing gap for SDGs but could unlock 1.43 trillion through reforms, report finds. Africa’s economies are projected to ...
News
Abu Dhabi Fund for Development reports major progress on African road projects as Nigeria, Togo, Madagascar near completion milestones
Sokodé-Bassar road hits 92% completion, Madagascar project reaches 80%, and Nigeria’s Minna-Bida road advances to 45%. The Abu Dhabi Fund for Development (ADFD) ...
News
Nigeria’s healthy diet cost rises to ₦1,513 per day in February 2026 – NBS
Cost of Healthy Diet Increases Month-on-Month Nigeria’s National Average Cost of a Healthy Diet (CoHD) per adult per day rose to ₦1,513 in ...
News
Africa Forward Summit closes in Nairobi with over 30 leaders backing new France-Africa partnership framework
The Nairobi Declaration prioritises parity, mutual respect, and co-investment as EUR 23 billion in deals are announced across key sectors. The Africa Forward ...
News
FirstHoldCo reports ₦3.4 trillion gross earnings in 2025, takes ₦826 billion impairment hit to strengthen balance sheet
Profit before tax falls 70.5% to ₦235 billion as Group prioritises balance sheet clean-up, but Q1 2026 shows strong rebound with PBT up ...
News
US expands agricultural trade financing for Nigeria through USDA’s GSM-102 export credit program
US Strengthens Agricultural Trade Ties with Nigeria The United States has expanded support for agricultural trade with Nigeria through the U.S. Department of ...
News
BFA Global Study uncovers practical strategies for driving sustainable growth in women’s incomes
BFA Global has released new findings from its Women’s Economic Empowerment (WEE) Opportunity Leads Umbrella Program, identifying five critical, interconnected domains that drive ...
News
Kenya and France forge future-ready innovation partnership ahead of Africa Forward Summit 2026
Kenya and France have signalled a new wave of high-impact strategic partnerships across Africa, as preparations intensify for the Africa Forward Summit (AFS) 2026, following ...


















