ITFC signs $1.5 bn annual programme with Egypt to boost key sectors
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has signed its 2025 annual work programme with... Read more.
FG partners with FCMB to simplify SMEs loan access
The Federal Government has announced a plan to improve access to loans for small and medium enterprises (SMEs) in Nigeria. The initiative aims to eliminate the financial... Read more.
Eritrea expands youth vocational training in Akordet Sub-Zone
The National Union of Eritrean Youth and Students (NUEYS) in the Akordet sub-zone is implementing vocational training programmes aimed at equipping young people... Read more.
Nigeria’s foreign reserves fall to $39.72bn, drop by $1.19bn in 25 days
Nigeria’s external reserves declined by $1.19 billion within 25 days, according to data from the Central Bank of Nigeria (CBN). The reserves, which stood at $40.920... Read more.
African Union and AFRIMA formalise partnership through memorandum of understanding
The African Union (AU) and the All-Africa Music Awards (AFRIMA) have formalised their partnership through a Memorandum of Understanding (MoU). The agreement, signed... Read more.
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.
