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The president wants to be seen as the man who administered the bitter medicine now so the country can enjoy good health later.

Speaking during a ceremony at the presidential palace in Antananarivo, Randrianirina said the nation required “bold decisions” at a critical moment, describing the new premier as a man of integrity who “cannot be bought with money.”

The International Finance Corporation is providing a $30 million trade finance guarantee to Banco de Fomento Angola. The facility will support import-export transactions by covering payment risk for international banks. The move comes as Angola seeks to ease structural constraints in trade finance and restore international banking links. The International Finance Corporation (IFC), the private-sector arm of the World Bank Group, has granted a $30 million trade finance facility to Banco de Fomento Angola (BFA). The operation takes the form of an unfunded guarantee covering trade transactions with maturities of up to 360 days and is structured under the IFC’s Global Trade Finance Program (GTFP). Under the arrangement, the IFC does not disburse funds immediately. Instead, it commits to cover BFA’s risk of non-payment toward major international confirming banks that guarantee the completion of import-export transactions for foreign suppliers. The mechanism allows BFA to back its letters of credit with the IFC’s top-tier financial rating, giving the Angolan bank access to international trade finance lines it would otherwise struggle to secure on its own. BFA is the country’s second-largest bank by deposits and loans. As of June 2025, it operated 160 branches and served

•Stakeholders lament structural challenges, make recommendations By Gabriel Ewepu Amidst efforts to diversify Nigeria’s economy, there are indications that dominance of foreign imported livestock products has been extended. Financial Vanguard’s findings from the National Bureau of Statistics, NBS, show that livestock and related products imports rose to N1.71 trillion in 2025, up by 14.5 per cent from […] The post LIVESTOCK ECONOMY: Importation extends dominance, rises 14.5% to N1.7trn appeared first on Vanguard News.

By Efe Onodjae  Visa International Service Association otherwise known as Visa Inc, has partnered with Zenith Bank to introduce the Visa Signature Card, a premium payment solution designed to meet the lifestyle and financial needs of affluent customers in Nigeria. The card was unveiled during a media briefing held at the Zenith Bank headquarters in Victoria […] The post Visa partners Zenith Bank to launch signature card for affluent customers appeared first on Vanguard News.

According to the CPPE, the rising cost of fuel is increasing operating expenses, transportation costs and distribution charges for businesses. The post US/Israel–Iran War: What Nigerian businesses, government must do to withstand energy shock – CPPE appeared first on Premium Times Nigeria.

The development signals the commencement of the implementation of President Bola Tinubu’s Executive Order 9 on oil revenue remittances, signed in February. The post Federation gets full PSC profit as Tinubu’s executive order takes effect appeared first on Premium Times Nigeria.

The Nigerian government has dismissed allegations that it seized a British-developed lithium project and handed it to Chinese operators, describing the claim as false and part of a smear campaign by a mining firm. The post Nigerian govt denies ‘British lithium project’ seizure, alleges smear campaign ahead of Tinubu’s UK visit appeared first on Premium Times Nigeria.

The elections on Sunday are widely expected to ‌extend incumbent President Denis Sassou Nguesso's decades-long rule.

About 150 Palestinians landed in Johannesburg in November – one of at least three flights filled with Gazans to have arrived in Indonesia and South Africa since last May.