Nigerian Government approves new tax incentives
The Nigerian government has approved tax incentives for companies employing more staff. The incentive also…
Banks’ assets increase to N1201.8 trillion
The banking sub-sector of Nigeria's Financial & Professional Services (FPS) industry has experienced remarkable growth,…
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Libya signs deal to formalise its Afreximbank membership status
Libya has officially become the 53rd member state of the African Export-Import Bank (Afreximbank), a…
Morocco to meet domestic grain demands with new Russia agreement
A new agreement has been signed between Russia and Morocco.Due to the ongoing drought and…
Banks drive trading as investors anticipate higher dividends
The Nigerian stock market has continued its upward trend, with banking stocks driving the spike…
Naira among Africa’s Worst-Performing Currencies in 2024 – World Bank
According to the World Bank's Africa Pulse report, the Nigerian naira has emerged as one…
Nigeria picks 23 firms to manage $10billion investment funds
The Federal government of Nigeria has selected 23 firms to manage the $10 billion Nigeria…
The 5 Best Performing Nigerian Banks in 2024
Nigerian banks showcased impressive financial performance in 2024, largely driven by a high-interest rate environment…
MTN plans second public offer in Nigeria
MTN Group President, Ralph Mupita, has announced that the company is planning a second public…
FAAN to revamp Airports with N580 billion
The Federal Airports Authority of Nigeria says 580 billion Naira is needed to improve airport…
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Nigeria to attract investors with new performance based tax incentive
President Bola Ahmed Tinubu has signed a new Executive Order aimed at reducing project costs and taxes, boosting investment, and…
African Banker names Cardoso Central Bank Governor of the Year
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has been named the Central Bank Governor of the Year…
TotalEnergies to sell 12.5% of its Bonga oilfield stake to Shell for $510 Million
TotalEnergies has agreed to sell its 12.5% non-operated stake in Nigeria’s OML 118 Production Sharing Contract (PSC) to Shell Nigeria…
Morocco signs new $50 million investment deal with Catalan companies
Morocco has signed four major investment agreements with companies from Catalonia, Spain, totaling MAD 500 million (approximately $50 million). The…
Sidi Ould Tah elected new AFDB President
Mauritania's former Finance Minister, Sidi Ould Tah has been elected President of the African Development Bank Group for a five-year…
Tinubu creates new Credit Guarantee Company with N100 billion initial capital
Nigerian President, Bola Tinubu has established a new Credit Guarantee Company called National Credit Guarantee Company Limited (NCGC). Tinubu had…
Ethiopia leads Africa’s economic growth with 8.1% GDP expansion
Ethiopia has emerged as Africa’s fastest-growing economy in 2025, achieving an 8.1% GDP growth rate, according to the latest figures…
