Business Updates

As of mid-2025, Nigeria’s most recent comprehensive economic ranking still relies on the BudgIT State of States Report 2022, which provides GDP estimates for 2021 published in late 2022. Although...

Abuja, Nigeria - The High Commissioner of Rwanda to Nigeria, Christophe Bazivamo, has reiterated Rwanda’s commitment to expanding bilateral cooperation with Nigeria across key sectors including trade, aviation, and information...

The UK government has approved a major increase in legal aid fees for immigration and asylum cases; the largest rise since 1996, in a move designed to strengthen the struggling...

Billionaire investor and legendary chairman of Berkshire Hathaway, Warren Buffett, is once again making headlines; this time, for giving away another $6 billion in company shares to support global philanthropy....

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....