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MTN Initiates $375 Million Share Buyback Following H1 Earnings Surge

MTN Group has announced a R6 billion ($375 million) share repurchase programme following strong first-half 2026 earnings. The telco giant reaffirmed its medium-term targets and...

Mr. & Mrs Edun

Nigeria Has Water So Why Can’t It Turn Water into Economic Growth?

  • Business

Nigeria’s Cement Prices Draw Scrutiny as African Peers Sell Cheaper

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Shoprite Full-Year Sales Hit $16.7 billion as Headline Earnings Surge

MTN TOWER
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MTN Leads Top 10 Brands in South Africa as National Corporate Equity Hits $43.8 Billion

Lagos urban area
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Nigeria Business Sentiment Holds Firm Despite Severe Triple-Headwind Pressure

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Nigeria’s Business Activity Rebounds to 108.6 Points in July as Demand Accelerates

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Dangote Signs $800M Deal with China’s Sinoma to Double West Africa’s Largest Cement Plant Capacity

An Airplane
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African Airlines Lead Global Passenger Traffic Growth in June 2026

Image of MTN plaza in Lagos
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MTN Nigeria Profits Surge to N707B on N2.99T Revenue, Declares N26 Dividend

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Kenya’s Private Sector Activity Stabilizes in June, Ends 3 Months Contraction

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Nigeria Private Sector Logs Fifth Month of Growth Despite June Cooling

Lafarge Cement Mixer
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Lafarge Africa Rebrands as HBM Nigeria Following $1 Billion Takeover

photo of SEC tower
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SEC Halts Purported Dangote Refinery IPO Marketing, Orders Operator Refunds

Spiro-motobike
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Spiro Closes $270 Million Funding Round to Expand African Electric Vehicle Infrastructure

Car manufacturing in South Africa
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South Africa Business Sentiment Edges Up to 124.1 Amid Crude Oil Shock

Local Market
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Ghana’s Business Sector Accelerates as Q1 GDP Growth Hits 6.4% Amid Price Stability

nigeria- seaport
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Nigeria’s Trade Surplus Soars 341% to ₦7.55 Trillion as Fuel Imports Plunge

Lagos urban area
  • Business

Nigeria Private Sector Activity Hits 9-Month High Amid Stiff Cost Pressures

Kenya's Urban city
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Cost Squeeze Drags Kenya’s Private Sector into Third Month of Contraction

Local Market
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Ghana’s Inflation Hits 3.4% as 16-Month Disinflationary Streak Ends

Lafarge Cement Mixer
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Nigeria’s Cement Giant Rebrands to HBM After $1B Sale and CEO Terrorism Conviction

Lagos urban area
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Limited Access to Finance, Power Deficits, and Insecurity Slows Nigeria’s Businesses in April

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Nigerian government proposes debt discount for airlines amid shutdown threat

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Middle East conflict and weak Rand push South Africa’s business confidence to five- month low

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Dangote refinery partners with Honeywell to boost petrochemical production

Lagos urban area
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Nigeria’s private sector sees 16-month growth streak as PMI hits 53.2

governor otti at the commisioning
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Nigeria: Otti commissions $35m beverage plant in Aba, pledges continued industrial support

Standard Bank branch
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Standard Bank targets 12% annual profit growth in new 2026–2028 Strategy

ngozi-okonjo-iweala-WTO
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WTO Faces “Disorderly Collapse” as Reform Deadline Looms in Cameroon

central bank of Nigeria
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Nigeria scraps FX limits, grants oil firms 100% access to export proceeds

kenya airways
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Kenya Airways reverses profit with 17.93 billion Shilling pre-tax loss in 2025

nigeria- seaport
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Nigeria Launches Digital Portal to Slash Port Delays by 60%

photo of SEC tower
  • Business

Nigeria’s stock regulator issues 6-Week ultimatum for broker recapitalization plans

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