LAGOS, Feb 3 – Neimeth International Pharmaceuticals Plc returned to profitability in 2025, posting a pre-tax profit of ₦1.49 billion ($1 million) …
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JOHANNESBERG, Feb 3 – South African discount retailer Pepkor Holdings reported higher first quarter revenue, supported by recent acquisitions, steady demand for …
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LAGOS, Feb 2 – Three subsidiaries of Nigeria’s Dangote Group have expanded gas supply agreements with units of the Nigerian National Petroleum …
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ABUJA, Feb 2 – UAC of Nigeria Plc has declared its revenue in 2025 after fully consolidating CHI Limited, although heavy acquisition …
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Markets
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 next week, with Ghana’s cedi likely to …
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PRETORIA, Jan 30 – South Africa’s energy regulator has approved a temporary electricity tariff reduction for two ferrochrome producers, granting relief to …
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KAMPALA, Jan 29 – Uganda plans to sharply reduce external budget support in its next financial year starting in July, as the …
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MAPUTO, Jan 29 – Mozambique’s central bank cut its benchmark policy rate by 25 basis points to 9.25%, extending its longest easing …
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ANKARA, Jan 28 – Türkiye and Nigeria agreed on Tuesday to work toward lifting bilateral trade to $5 billion, as President Recep …
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ABUJA, Jan 28 – NCR Nigeria Plc returned to profit in 2025 after a steep fall in administrative expenses, according to unaudited …