UK firms deepen Nigerian presence as Twining’s Ovaltine launches first African factory
Twining’s Ovaltine is set to establish its first manufacturing facility in Africa, a £24 million investment in Lagos that is...
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Friday, October 30, 2026
AI integration redefines market access for Nigerian businesses
Olumide Balogun, director at Google West Africa Artificial intelligence (AI) is rapidly reshaping how Nigerian consumers discover products and...
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ASR Africa advances women’s mentorship drive in New York to boost human capital
Abdul Samad Rabiu Africa Initiative (ASR Africa), a philanthropic organisation founded by renowned industrialist,Abdul Samad Rabiu, is advancing its human...
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Africa faces higher borrowing costs as global inflation eases, AfreximBank warns
The Africa Export-Import Bank (AfreximBank) warns that African economies could face a harsher financial environment even as global headline...
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Rising debt pressures push Africa’s sovereign borrowing to $155bn in 2026
African sovereigns are set to deepen their reliance on commercial debt markets, with long-term borrowing projected to rise to $155...
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Nigeria’s electricity supply at risk as GenCos struggle with N6.8trn debt burden
A mounting N6.8 trillion debt burden is forcing several power generation companies (GenCos) to scale down or shut operations, intensifying...
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Naira strengthens to N1,345/$ as FX market stability improves despite reserve dip
The Nigerian naira extended its recent gains on Tuesday, appreciating to N1,345 per dollar at the official foreign exchange...
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Cadbury Nigeria returns to profit but faces uphill battle to close N37bn equity gap
Cadbury Nigeria Plc has staged a return to profitability, posting a N12 billion after-tax profit for the 2025 financial year,...
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Zenith Bank targets London Listing in 2027 to deepen global capital access
Zenith Bank Plc, Nigeria’s second-largest lender by market capitalisation, has formally signalled plans to list on the London Stock Exchange...
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South Dakota crowned America’s most soda-addicted state
A new report on American soft drink consumption reveals that South Dakota is officially the most soda-addicted state in the...
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