Uganda targets $500 bn economy by 2040, eyes tourism growth
The Ugandan government has set a target to grow the economy from $50 billion to $500 billion by 2040, with tourism identified as a key sector alongside agro-industrialisation,... Read more.
MTN Foundation supports 40 student entrepreneurs through innovation challenge 2025
MTN Foundation has launched the Student Innovation Challenge, selecting 40 undergraduate entrepreneurs for mentorship and business development. The initiative focuses... Read more.
All-Share Index rises 0.13% as trading volume declines
The Nigerian stock market closed on a positive note on February 3, 2025, with the All-Share Index (ASI) increasing by 134.18 points to reach 104,630.30. This represents... Read more.
The Bench rebrands AHIF as FHS Africa, securing $365 m in deals
The Bench has announced the rebranding of the Africa Hospitality Investment Forum (AHIF) as “Future Hospitality Summit Africa (FHS Africa)”. This change... Read more.
Nigerian stocks end January strong with N1.7 tn market capitalisation growth
The Nigerian stock market ended January on a positive note, with the All-Share Index (ASI) increasing by 1,567.55 points to close at 104,496.12 points on January... Read more.
Naira hits N1,599.33 in black market amid FX stability
The naira appreciated further on Monday in the foreign exchange (FX) market due to reduced demand for the dollar and policies introduced by the Central Bank of Nigeria... Read more.
Naira strengthens to 8 -month high as dollar demand declines
The naira appreciated to an eight-month high of N1,474.78 per dollar at the official foreign exchange market on Friday. The development follows a series of fiscal... Read more.
CBN mandates two-year audit for LGAs’ revenue access
Local governments in Nigeria face a fresh challenge in their push for financial autonomy as the Central Bank of Nigeria (CBN) now requires them to submit a two-year... Read more.
World Bank commits $1.2 billion to girls’ education in 18 Nigerian states
The World Bank has announced a $1.2 billion investment in girls’ education across 18 Nigerian states. The initiative aims to improve access to secondary education... Read more.
5 key factors influencing the success of SMEs in Nigeria in 2025
Small and Medium Enterprises (SMEs) play a crucial role in Nigeria’s economy, contributing to employment and economic growth. However, their success in 2025 will... Read more.