Business & Economy

Over 40% of Nigerian Bakeries Shut Down Since COVID, Threatening Food Security — PBAN

Nigeria’s bakery industry is facing one of its worst crises in decades, with more than 40% of bakeries nationwide forced to shut down between...

S&P Global Revises Nigeria’s Credit Outlook to Positive, Cites Reform Progress and Improving Indicators

S&P Global Ratings has upgraded Nigeria’s sovereign credit outlook from stable to positive, reflecting renewed optimism over the country’s ongoing economic reforms and strengthening...

SEC, FMBN Launch Non-Interest Mortgage Scheme to Tackle Nigeria’s 28 Million Housing Deficit

The Securities and Exchange Commission (SEC) and the Federal Mortgage Bank of Nigeria (FMBN) have entered into a strategic partnership to establish a comprehensive...

Rising Healthcare Costs Push Up Insurance Premiums Across Nigeria

Lagos — Escalating prices of drugs and hospital consumables are reshaping Nigeria’s healthcare financing landscape, prompting hospitals to raise service tariffs and compelling Health...

Vodacom Partners with Starlink to Expand Internet Access Across Africa

Johannesburg — Vodacom Group has announced a strategic partnership with Elon Musk’s Starlink to enhance internet connectivity across Africa, with a focus on underserved...

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