By Ayomide Otitoju Aksaya Estates Limited has entered into an agreement with Marriott International to develop the Courtyard by Marriott Nairobi Airport, slated for completion in 2027. The upcoming hotel will be situated at Jomo Kenyatta International Airport (JKIA), Nairobi, enhancing the hospitality offerings at Kenya’s main international gateway and catering to both business and…
By Ayomide Otitoju CS OILFIELD, a Turkey-based specialty oilfield chemicals and technical services company, has reaffirmed its commitment to quality, safety, and operational excellence as a Silver Sponsor at the Africa Energy Week (AEW) 2025, held in Cape Town from September 29 to October 3. With a growing presence in eight African countries, including Nigeria,…
By Ayomide Otitoju Union Bank of Nigeria recently hosted an informal meet-and-greet with top journalists and media executives at its headquarters, Stallion Plaza, Marina, Lagos, in a bid to deepen engagement and strengthen ties with the Nigerian media. The event, held at SpaceNXT—the Bank’s innovation and co-creation hub—offered a relaxed networking platform, allowing open conversations…
By Ayomide Otitoju Fidelity Bank Plc has partnered with the Nigeria Credit Guarantee Company (NCGC) to help micro, small, and medium-sized enterprises (MSMEs) overcome financing challenges by mitigating lender risks through credit guarantees. Speaking on the partnership, an NCGC representative said, “Although MSMEs are key contributors to Nigeria’s economic development, many of them struggle to…
By Ayomide Otitoju Ghana-based gold mining firm Typhoon Greenfield Development has launched an in-house initiative aimed at empowering artisanal and small-scale miners (ASM) operating near its mining clusters, the company’s CEO, Kwaku Nsiah-Asare, has revealed. In an interview with African Mining Week 2025, Nsiah-Asare said the program seeks to create an association of ASM operators…
By Ayomide Otitoju The global economy is performing better than anticipated despite facing prolonged uncertainty and subdued medium-term growth prospects, according to International Monetary Fund (IMF) Managing Director Kristalina Georgieva. Speaking to reporters in Washington on Wednesday ahead of the IMF and World Bank Annual Meetings, Georgieva said the world economy is doing “better than…
By Ayomide Otitoju Senegal’s President, His Excellency Bassirou Diomaye Faye, has reaffirmed the country’s commitment to economic transformation and regional integration, calling on global investors to tap into the nation’s expanding market under the African Continental Free Trade Area (AfCFTA) framework. Speaking at the opening of Forum Invest in Senegal 2025 (Fii Senegal 2025) in…
By Ayomide Otitoju As global financial pressures tighten on emerging markets, Africa’s trade finance gap—estimated at up to $100 billion annually— is set to take centre stage once again. In response, the African Export-Import Bank (Afreximbank) will host the 25th edition of its flagship Trade Finance Seminar (ATFS2025) in Abidjan, Côte d’Ivoire, from 4 to…
By Ayomide Otitoju Nigeria is in talks with the Export-Import Bank of China for a $2 billion loan to finance the construction of a new “super grid” aimed at addressing the country’s chronic power shortages, the Minister of Power, Adebayo Adelabu, has disclosed. Speaking at an economic summit in Abuja on Monday, Adelabu said the…
