Category: Business & Economy

Business & Economy

Federal Executive Council Approves Strategic Roadmap to Overhaul Nigeria’s Power Sector

The Federal Government has officially adopted a new roadmap aimed at transforming Nigeria’s electricity sector with the approval of the National Integrated Electricity Policy (NIEP). The policy, initially completed in December 2024 and submitted to the President, received formal approval at a recent Federal Executive Council (FEC) meeting. It

May 5, 2025 No Comments

Business & Economy

Godongwana has announced that he will present the revised 2025 Budget on, 21 May 2025.

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April 30, 2025 No Comments

Business & Economy

Klaus Schwab Steps Down After Decades at the Helm of World Economic Forum

Klaus Schwab, the founder and long-serving chairman of the World Economic Forum (WEF), has officially resigned from his role. At 87, Schwab announced his decision to step down as both chair and member of the Board of Trustees, effective immediately. During a special board meeting held on April 20,

April 22, 2025 No Comments

Business & Economy

Nigeria Partners with South Africa to Boost Solid Minerals Sector

Nigeria is turning to South Africa for support in developing its solid minerals sector, aiming to reduce its heavy reliance on oil. A new partnership agreement between the two nations focuses on sharing expertise, geological data, and mapping resources. Nigeria’s Minister of Mines and Solid Minerals, Dele Alake, emphasized

April 21, 2025 No Comments

Business & Economy

Nigeria and South Africa Join Forces to Develop Mining Sector and Boost Economic Diversification

In a strategic move to reduce its dependence on oil, Nigeria has entered into a new agreement with South Africa aimed at revitalizing its underutilized mining sector. The accord was announced on Thursday by Mines Minister Dele Alake. The partnership will include joint geological mapping with drone technology, data

April 17, 2025 No Comments

Business & Economy

BHP Sees Growth Opportunity Amid Global Uncertainty and Trump’s Trade Policies

Global mining and metals giant BHP says it is well positioned to thrive during current international instability and shifting trade policies. The company, listed in Australia, London, and South Africa, reported strong performance in its latest operational review, highlighting record production of copper and iron ore up to the end

April 17, 2025 No Comments

Business & Economy

Nigeria Tapped to Host G20 Event Amid Trump’s Boycott Threat

South Africa has invited Nigeria to host a G20-related event in Abuja, a move that may deepen collaboration between the two largest economies on the continent. The invitation came from South Africa’s foreign minister, Ronald Lamola, during discussions with his Nigerian counterpart as preparations continue for the upcoming G20

April 14, 2025 No Comments

Business & Economy

Southern Africa Faces Economic Blow as US Tariff Pause Offers Little Relief

Despite a temporary halt on higher US tariffs, southern African economies remain on edge as uncertainty looms over the future of the African Growth and Opportunity Act (AGOA) — a key trade pact that has allowed duty-free exports to the United States. President Donald Trump’s 90-day pause on further

April 12, 2025 No Comments

Business & Economy

Global Tourism Leaders Unite at World Travel Market Africa 2025 in Cape Town

Thousands of tourism industry professionals from across the globe gathered in Cape Town, South Africa, for the World Travel Market (WTM) Africa 2025. The event, which ran for three days starting April 9, brought together around 5,752 participants representing approximately 99 countries. Held annually, WTM Africa is a major platform

April 12, 2025 No Comments

Business & Economy

Nedbank sues Edwin Sodi over R570,000 credit card debt

Nedbank takes Edwin Sodi to court over R570,000 credit card debt Nedbank has launched legal proceedings against controversial businessman Edwin Sodi, seeking to recover more than half a million rand in unpaid credit card debt. According to court documents filed at the Johannesburg High Court on March 25, 2025, the

April 7, 2025 No Comments

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Category: Business & Economy

Federal Executive Council Approves Strategic Roadmap to Overhaul Nigeria’s Power Sector

Godongwana has announced that he will present the revised 2025 Budget on, 21 May 2025.

Klaus Schwab Steps Down After Decades at the Helm of World Economic Forum

Nigeria Partners with South Africa to Boost Solid Minerals Sector

Nigeria and South Africa Join Forces to Develop Mining Sector and Boost Economic Diversification

BHP Sees Growth Opportunity Amid Global Uncertainty and Trump’s Trade Policies

Nigeria Tapped to Host G20 Event Amid Trump’s Boycott Threat

Southern Africa Faces Economic Blow as US Tariff Pause Offers Little Relief

Global Tourism Leaders Unite at World Travel Market Africa 2025 in Cape Town

Nedbank sues Edwin Sodi over R570,000 credit card debt

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