Business Updates

In a major leadership transition, the African Export-Import Bank (Afreximbank) has announced the appointment of George Elombi as its incoming President and Chairman of the Board. The decision was unveiled...

Africa is making bold strides to unlock a projected $712 billion digital trade market by 2035, leveraging the framework of the African Continental Free Trade Area (AfCFTA) to transform its...

At the 32nd Annual General Meeting of the African Export-Import Bank (Afreximbank) held in Abuja, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, delivered a strong call...

After nearly four decades of distinguished service, Osagie Okunbor, the Managing Director of Shell Petroleum Development Company (SPDC) and Country Chair of Shell Companies in Nigeria, is retiring this June...

Larry Ellison, co-founder and Chief Technology Officer of Oracle Corporation, has gained an extraordinary $67 billion in personal wealth in just the first half of 2025 propelled by Oracle’s aggressive...

Mastercard has introduced a cutting-edge, AI-based solution called Account Intelligence Reissuance, aimed at transforming how financial institutions across Eastern Europe, the Middle East, and Africa (EEMEA) handle compromised payment cards....

Visa Inc. (NYSE: V) has officially appointed Tareq Muhmood as the new Regional President for Central and Eastern Europe, the Middle East, and Africa (CEMEA), a region that encompasses over...

Flutterwave, a leading force in African financial technology, is deepening its support for businesses in Cameroon through a full range of licensed digital payment solutions, backed by the Central Bank...

The National Bureau of Statistics (NBS) has published its Consumer Price Index (CPI) report for May 2025, revealing the ten Nigerian states most affected by inflation. The rankings are determined...

The Federal Government of Nigeria has announced a significant decline in the country’s daily petrol consumption, which has dropped to 50 million liters per day, a development attributed to higher...