Business & Economy - Page 42

PalmPay, a leading African digital bank, has been listed among the Top 300 Fintech Companies in the World for 2025 by CNBC and Statista. This marks the second consecutive year the platform has received global recognition, joining international giants such as Revolut,

By Ifeanyi Olannye Delta Government on Tuesday says it will adopt a decentralised mini-grid model electricity generations, distribution, and regulation to transform its electricity sector. The State Commissioner for Economic Planning, Mr Sonny Ekedayen, disclosed this during a post-Executive Council meeting press briefing in

By Muhyideen Jimoh President Bola Tinubu, on Tuesday evening, received billionaire industrialist, Alhaji Aliko Dangote, at the State House in Abuja for a private meeting. Though brief and undisclosed, the meeting highlights the Federal Government’s continued support for private-sector-led growth in

By Precious Akutamadu The Bank of Industry (BOI) has conducted a sensitisation workshop for Micro, Small, and Medium Enterprises (MSMEs) in Rivers State. The sensitisation was aimed at facilitating their access to the Federal Government’s N75 billion Intervention Fund available nationwide.Mr Pacqueens

By Emmanuella Anokam Alh. Aliko Dangote, President of Dangote Group, says it is troubling that Africa exports crude oil but imports over 120 million tonnes of refined fuel annually. He stated this on Tuesday in Abuja during the maiden West African

Strong H1 performance: For the six months ended June 30, 2025, Lafarge Africa Plc posted a profit after tax of ₦132.7–₦133bn, a staggering 352% increase from ₦29.35bn in H1 2024. Q2 surge: In Q2 alone, profit after tax climbed to ₦84.0bn—up 248% year‑on‑year—while sales revenue

By Ihechinyere Chigemeri-Uwom The Abia Government has released a final draft regulation for mini-grids aimed at boosting electricity access in unserved and underserved communities in the state. The Commissioner for Information, Mr Okey Kanu, disclosed this while briefing newsmen at the

Digital bank Kuda has launched a multicurrency wallet that allows users to hold, fund, and convert between five major currencies, all from a single app. The wallet, which is currently in its testing phase, supports the United States Dollar (USD), British Pound

By Lucy Ogalue The Corporate Affairs Commission (CAC) says its Artificial Intelligence (AI) business registration portal now processes over 11,000 transactions daily, despite some ongoing challenges. In a statement on Sunday, CAC management said it was working to address identity