PepsiCo has strengthened its foothold in the functional beverage sector with the acquisition of Poppi in a deal valued at $1.95 billion. Announced on Monday, the...
Israel intensified its military campaign in Gaza on Tuesday despite an existing ceasefire agreement between the two embattled neighbours. Israel launched a wave of airstrikes that...
The Dollar to Naira exchange rate remains a critical focus for businesses, investors and individuals in Nigeria as forex market fluctuations continue. On 18th March 2025,...
Oil prices climbed on Monday as heightened geopolitical tensions in the Middle East and encouraging economic signals from China supported market sentiment. Brent crude oil, against...
MTN Group is advancing plans to spin off its financial technology units in Nigeria, Ghana and Uganda to pave way for Mastercard’s minority investment in the...
Nigeria’s agricultural trade recorded a major shift in 2024 with exports surpassing imports for the first time in five years. Official data show that the sector’s...
Ethiopian Airlines Group has taken a bold step toward expanding its aviation footprint with a new agreement to develop Bishoftu Airport, a multi-billion-dollar facility poised to...
MTN Group has reported a 15.4% decline in service revenue due to currency depreciation across key markets, particularly the sharp devaluation of the Nigerian naira and...
Billionaire industrialist and President of Dangote Group, Aliko Dangote, has disclosed that his proposed cement plant in Itori, Ogun State, was demolished twice under the administration...
Nigeria’s inflation rate declined for the second consecutive month in February as efforts to slow doing costs of living have started materialising. The latest data from...