Business
Egyptian Tycoon Secures $250m for Moroccan Hotels
An Egyptian businessman with interests in Morocco’s hospitality sector has secured a $250 million financing package to support hotel acquisitions, property upgrades and debt…
Business
Business
Afrinvest Repays Elumelu’s Undocumented $1m Investment
Afrinvest has repaid a $1 million investment made by Nigerian businessman Tony Elumelu after the 2008 global financial crisis, including interest, in a development…
Business
FirstBank Seeks Stronger Ties to Boost Lending
FirstBank of Nigeria has called for stronger collaboration among financial institutions, regulators and fintech companies to improve lending and support economic growth following the…
Business
Transcorp Hotels Posts ₦22.5bn Profit
Transcorp Hotels Plc has reported a profit before tax of ₦22.5 billion for the nine months ended September 2026, representing a slight increase from…
Business
FG Woos Investors With $78.5bn Deal Room
The Federal Government has unveiled an investment platform featuring 65 projects worth $78.5 billion as Nigeria intensifies efforts to attract foreign capital and support…
Business
African Firms Raise $13.3bn in Bonds
African companies raised $13.3 billion through hard-currency bonds in the first nine months of 2026, marking a five-year high as investor appetite for the…
Business
World Bank Targets 780m Job Gap With Digital Strategy
The World Bank Group has launched its first digital strategy to expand internet access, improve digital skills and create jobs in developing countries, as…
Business
Shettima Unveils Capital Market Plan as SEC Targets ₦750trn
Vice President Kashim Shettima has unveiled a new capital market master plan aimed at growing Nigeria’s capital market to ₦750 trillion by 2036, as…
Business
Fuel Subsidy Return Could Push Naira to ₦4,000 per Dollar, Oyedele Warns
Nigeria’s Finance Minister, Taiwo Oyedele, has warned that any move to restore petrol subsidy could trigger capital flight, weaken the naira significantly and…
Business
Dangote Foundation to give refinery shares to778,000 women in 15 states
The Aliko Dangote Foundation has announced plans to provide 777,907 vulnerable women across 15 Nigerian states with shares in Dangote Petroleum Refinery and Petrochemicals…
