Business & Economy

Africa’s Economic Pivot: Standard Bank Becomes First on Continent to Integrate China’s Yuan Payment System

Standard Bank Group, Africa's largest bank by assets, has executed a landmark financial move by becoming the first African banking institution to officially integrate...

CBN Ends Special Authorisation: New Cash Withdrawal Rules Effective January 2026

ABUJA—The Central Bank of Nigeria (CBN) has announced significant revisions to its cash-related policies, effective January 1, 2026. These changes signal a renewed push...

Lagos Commuters Rejoice! 229 High-Capacity Buses Launch on Lekki–Epe Corridor Dec 8

Lagos is about to witness a major facelift in its public transportation system. Commuters on the notoriously busy Lekki–Epe axis can finally look forward...

Nigeria Completes $5 Billion African Energy Bank Headquarters, Sets Stage for Continental Energy Growth

Nigeria has concluded the construction of the $5 billion headquarters for the newly established African Energy Bank (AEB), a development seen as a major...

Eskom’s Profit Surge Signals Recovery — Now Comes the Test of Endurance

Eskom, South Africa’s state-owned electricity utility, has recorded a major financial turnaround, posting substantial profits for the first time in eight years — a...

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