African markets and business updates

According to the report, 53 per cent of adults in the poorest wealth quintile remained financially excluded, compared with just 1 per cent in the richest quintile.

By Rosemary Iwunze AXA Mansard Insurance Plc has launched its “Culture of Care” campaign, aimed at promoting care and protection while highlighting the role of insurance, healthcare and financial planning in securing the long-term well-being of Nigerians. The campaign, according to the company, seeks to deepen understanding of care as a shared responsibility across families, […]

Maersk will revise its origin and destination terminal handling charges across several Latin American and Caribbean markets. The new Origin Handling Charge and Destination Handling Charge levels will take effect on 15 October 2026 and remain valid until further notice. The changes cover Peru, Puerto Rico, El Salvador, Trinidad and Tobago, Costa Rica, Curaçao, the […] Maersk will revise its origin and destination terminal handling charges across several Latin American and Caribbean markets. The new Origin Handling Charge and Destination Handling Charge levels will take effect on 15 October 2026 and remain valid until further notice.…

Maersk will consolidate the import and export Rotterdam calls of its TA3 service into a single call at APM Terminals Maasvlakte II. The change takes effect immediately and aims to improve operational efficiency in Rotterdam. Maersk said the remaining TA3 service rotation will remain unchanged. First vessels under revised arrangement The first vessel to call […] Maersk will consolidate the import and export Rotterdam calls of its TA3 service into a single call at APM Terminals Maasvlakte II. The change takes effect immediately and aims to improve operational efficiency in Rotterdam. Maersk said the remaining TA3 service rotation will remain unchanged.…

The Nigerian Exchange (NGX) recorded a total turnover of 662.35 million shares on Wednesday, September 16, 2026, as investors maintained strong activity across banking, insurance and financial services stocks.

The Central Bank of Nigeria (CBN) repaid a combined N3.81 trillion into the banking system across September 15 and 16, 2026, boosting banking system liquidity by 131% to N4.891 trillion parked with the apex bank through the Standing Deposit Facility (SDF) on September 16 alone.

The 12th Ship Intelligent Technology / ShipIT Conference is more than just an event — it is a driving force behind maritime innovation. By bringing together cutting-edge technology and strategic maritime vision, it showcases practical, future-ready solutions shaped by the expertise of renowned speakers and industry pioneers. Organized by Boussias Events and AMMITEC, the ShipIT […] The 12th Ship Intelligent Technology / ShipIT Conference is more than just an event — it is a driving force behind maritime innovation.…

The Nigeria Labour Congress (NLC) has called on the Federal Government to introduce immediate wage awards for workers as rising petrol prices continue to increase transportation costs and worsen economic hardship.

At least 82 people have been killed in a gold mine collapse in Sudan’s West Kordofan state, with dozens more injured and others feared trapped beneath the rubble.

The Global System for Mobile Communications Association (GSMA) has warned that rising smartphone component costs could threaten digital inclusion as internet-enabled devices become less affordable in emerging markets, including Nigeria.