Economy

43 Posts
Leadership
Leadership
· Jun 1

Eki Holdings Pledges Support For New African Development Bank President

Eki Holdings Ltd, a Nigerian conglomerate, has pledged unwavering support and partnership to Sidi Ould Tah, the newly elected president of the African Development Bank (AfDB). The company emphasized the importance of collaboration between the private sector and the AfDB to drive Africa’s sustainable development and inclusive growth. CEO Godwin...
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Business
Tribuneonlineng
Tribuneonlineng
· May 29

Elon Musk criticizes Trump’s ‘big, beautiful’ Tax bill

Elon Musk criticized President Donald Trump’s new tax and spending bill, expressing disappointment that it increases the US budget deficit instead of reducing it. Musk, appointed by Trump to lead the Department of Government Efficiency (DOGE), questioned whether the bill could be both “big and beautiful,” as Trump labeled it....
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Business
Arise
Arise
· May 26

Tinubu Meets FIRS Chairman, Governor Zulum, Three Ministers, Others

President Bola Tinubu held a private meeting with Dr. Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS), following the FCT Minister’s directive to seal a FIRS office in Abuja over alleged unpaid ground rent spanning 25 years. FIRS condemned the closure as unprofessional and criticized the Federal...
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Business
Channelstv
Channelstv
· May 26

Dangote Group Named Africa’s ‘Most Admired’ Brand

Dangote Industries Limited and its founder, Aliko Dangote, were honored at the 15th annual Brand Africa 100 awards in Addis Ababa, winning three awards including the ‘Most Admired African Brand’ and induction into the Brand Africa Hall of Fame. Aliko Dangote received a Lifetime Achievement Award recognizing his leadership in...
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Business
Africa.businessinsider
Africa.businessinsider
· May 26

Egypt, South Africa lead Africa’s smartphone growth as Nigeria slumps in Q1 2025

Africa’s smartphone market grew by 6% year-on-year in Q1 2025, with 19.4 million units shipped, marking the continent’s eighth consecutive quarter of growth, according to Canalys data. Egypt and South Africa led the growth with 34% and 14% increases respectively, driven by government policies, network expansion, and improved consumer confidence,...
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Business
Legit
Legit
· May 23

S.Africa moves to ease black empowerment law under Starlink pressure

South Africa’s government is proposing to ease its telecoms black ownership laws, allowing companies to meet empowerment requirements through alternative means like investing in local suppliers or funding black-owned businesses. This draft law comes shortly after South African President Cyril Ramaphosa met US President Donald Trump, amid tensions but with...
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Business