Madagascar Reopens Mining Permits After 16 Years But Keeps Gold Restrictions
ANTANANARIVO, Feb 3 – Madagascar has lifted a 16 year moratorium on issuing new mining…
Author: Oluebube Elechi
Neimeth Posts ₦1.49 Billion Pre-Tax Profit as Pharmaceutical Revenue Jumps
LAGOS, Feb 3 – Neimeth International Pharmaceuticals Plc returned to profitability in 2025, posting a…
Pepkor Reports Higher First Quarter Revenue Based on Acquisitions and Festive Demand
JOHANNESBERG, Feb 3 – South African discount retailer Pepkor Holdings reported higher first quarter revenue,…
Nigeria’s Dangote Units Expand Gas Supply Agreements With NNPC Under Gas Plan
LAGOS, Feb 2 – Three subsidiaries of Nigeria’s Dangote Group have expanded gas supply agreements…
UAC Posts Record Revenue After CHI Acquisition as Profit Falls in 2025
ABUJA, Feb 2 – UAC of Nigeria Plc has declared its revenue in 2025 after…
African Currencies Show Mixed Outlook as Ghana’s Cedi Weakens and Nigeria’s Naira Holds Firm
ACCRA, Jan 30 – Currencies across sub-Saharan Africa are expected to move in different directions…
South Africa Approves Power Tariff Relief to Support Struggling Ferrochrome Smelters
PRETORIA, Jan 30 – South Africa’s energy regulator has approved a temporary electricity tariff reduction…
Uganda Plans 84% Cut in External Budget Support as It Pushes Domestic Revenue
KAMPALA, Jan 29 – Uganda plans to sharply reduce external budget support in its next…
Mozambique Central Bank Cuts Policy Rate, Says Limited Room for More
MAPUTO, Jan 29 – Mozambique’s central bank cut its benchmark policy rate by 25 basis…
Türkiye, Nigeria Set $5 Billion Trade Goal as Tinubu Visits Ankara
ANKARA, Jan 28 – Türkiye and Nigeria agreed on Tuesday to work toward lifting bilateral…