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News - Page 621

AEW Opens in Cape Town as Africa Seeks Investment for Energy Projects

October 12, 2026

African Energy Week (AEW) 2026 opened in Cape Town on Monday, bringing together government officials, energy companies, investors and project developers to explore opportunities for financing and developing Africa’s energy resources.

Africa·Business News·News·Top Stories

Kenya’s Debt Burden Raises Questions Over IMF Lending Conditions

October 12, 2026

Kenya’s mounting debt repayments are intensifying debate over the impact of International Monetary Fund (IMF) lending conditions, including tax increases and spending cuts, as the government faces a major refinancing challenge ahead

News

Why Nigeria Lost US Aviation Category One Status

The Nigeria Civil Aviation Authority (NCAA) has explained why the country lost the United States aviation Category One status. Reacting to some reports of purported ban of Nigerian airlines by the US, the NCAA acting Director General, Capt. Chris Najomo, in a

September 3, 2024

News

Why Nigeria’s Sugar Tax Removal Sparks Controversy

By Elsie Udoh In a country where over 11.2 million people suffer from diabetes, Nigeria has removed its sugar tax. While this move should be seen as a step in the right direction to cushion the effect of the crouching inflation in

September 3, 2024

Business News·News·Technology·World News

iPhone 16: Apple Shifts Focus to AI-Driven Software, Experts Weigh In

Apple Inc. is set to unveil its latest flagship device, the iPhone 16, on 9th September, marking a significant shift in the company’s strategy. Moving away from its traditional hardware-centric focus, Apple is now emphasising software innovation, with artificial intelligence (AI) taking

September 3, 2024

Survey: 65.8% Respondents Want Interest Rate Cut As CBN Holds MPC Meeting

Business News·News

Experts Warn Of Economic Risks As External Debt Servicing Rises To $2.78bn

Nigeria’s external debt servicing surged by 53.63% to $2.78bn in 2024. Experts warn of economic risks as debt servicing strains government resources. Nigeria’s Soaring External Debt: A Growing Concern Nigeria’s external debt servicing costs have surged significantly in 2024, raising concerns among

September 3, 2024

Nigeria’s Energy Crisis: A Fuel Hike Or A Broken System?

Business News·News·Oil & Gas

Petrol Price To Hit N1,300, NNPC Faces Financial Strain

The price of petrol in Nigeria is on the verge of a significant increase, with estimates suggesting it could reach N1,300 per litre. This rise is attributed to the financial challenges faced by the Nigerian National Petroleum Company (NNPC) Limited, which is

September 3, 2024

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business News·Markets·News

FX Market Closes August On a Downward Trend As Naira Continues To Weaken

Naira Struggles in FX Market at Month-End The foreign exchange (FX) market witnessed a challenging end to August, with the naira recording significant losses against the dollar across various trading platforms. The Nigerian Autonomous Foreign Exchange Market (NAFEM) saw the naira close

September 3, 2024

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business News·Markets·News

Nigeria’s Equity Market Rallies, Conoil, Oando Lead Gains In September’s First Trading Day

Opening of September Trading in Nigeria’s Equity Market Nigeria’s equity market kicked off September on a positive trajectory, closing Monday’s trading session with a notable rise of 0.22 per cent. This gain translated into an increase of N124 billion, underscoring the resilience

September 3, 2024

World News

Netanyahu Pleads For Forgiveness As Israeli Hostage Deaths Spark Protests

Israeli Prime Minister, Benjamin Netanyahu, has issued a plea for forgiveness to the families of hostages whose bodies were recovered from Gaza last weekend. Speaking at a press conference on Monday, in Jerusalem, the Israeli capital, Netanyahu addressed the nation, acknowledging the

September 2, 2024

APC Fixes NEC Meeting Next Week, Allays Fears Of Ganduje's Removal

News·Politics

APC Holds NEC Meeting Next Week, Allays Fears Of Ganduje’s Removal

The All Progressives Congress (APC) has scheduled to hold its national caucus and National Executive Council (NEC) meetings next week. This was made known in separate statements signed by the APC National Secretary, Senator Surajudeen Ajibola Bashiru. While the national caucus meeting

September 2, 2024

Business News·News

Zenith Bank Records 117% Gross Earnings Growth In H1

Gross Earnings Growth One of the leading commercial banks in Nigeria, Zenith Bank, has recorded a 117 per cent growth of its gross earnings in the first half of 2024. This was revealed in the bank’s audited half-year financial results presented to

September 2, 2024

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Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Iran Conflict Pushes South African Fuel Prices Sharply Higher

South Africa will raise petrol prices by more than 11%

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

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News - Page 621

AEW Opens in Cape Town as Africa Seeks Investment for Energy Projects

Kenya’s Debt Burden Raises Questions Over IMF Lending Conditions

Why Nigeria Lost US Aviation Category One Status

Why Nigeria’s Sugar Tax Removal Sparks Controversy

iPhone 16: Apple Shifts Focus to AI-Driven Software, Experts Weigh In

Experts Warn Of Economic Risks As External Debt Servicing Rises To $2.78bn

Petrol Price To Hit N1,300, NNPC Faces Financial Strain

FX Market Closes August On a Downward Trend As Naira Continues To Weaken

Nigeria’s Equity Market Rallies, Conoil, Oando Lead Gains In September’s First Trading Day

Netanyahu Pleads For Forgiveness As Israeli Hostage Deaths Spark Protests

APC Holds NEC Meeting Next Week, Allays Fears Of Ganduje’s Removal

Zenith Bank Records 117% Gross Earnings Growth In H1

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AEW Opens in Cape Town as Africa Seeks Investment for Energy Projects

Kenya’s Debt Burden Raises Questions Over IMF Lending Conditions

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Iran Conflict Pushes South African Fuel Prices Sharply Higher

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

AEW Opens in Cape Town as Africa Seeks Investment for Energy Projects

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