African markets and business updates

BUA Foods Plc emerged as the highest-yielding stock among the seven companies that paid dividends to shareholders last week, with a dividend yield of 2.98%, according to a Nairametrics analysis of the price adjustment data published by the Nigerian Exchange (NGX).

The Federal High Court in Lagos has declared unlawful the National Assembly's controversial N110 billion expenditure on vehicles and allowances for lawmakers, ruling that the spending violated procurement laws, constitutional obligations and the public trust.

MTN Nigeria Chief Executive Officer Karl Toriola has dismissed calls for unlimited mobile data plans in Nigeria, explaining that no operator anywhere in the world can sustain quality service if every customer has unrestricted access to data at a low cost.

As dawn breaks over Nigeria's Okomu National Park, an exhausted wildlife caretaker prepares milk formula for Agbaibor, a months-old orphaned forest elephant rescued after wandering out of the rainforest alone. "The baby elephant has to take two litres of this per meal," said Joshua Aribasoye, one of

*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto"> The joint Far East–India service operated by Emirates, Evergreen, Gold Star and KMTC is set for restructuring, with the current cooperation model being split into two separate service arrangements, according to Alphaliner. Under the changes…

The Nigerian Army says its troops have rescued 360 kidnapped victims from a Boko Haram stronghold in the Mandara Mountains area of southern Borno State.

River Gee County - In a historic ceremony marking a turning point for technical education in River Gee County, Deputy Minister for Budget and Development Planning, Hon. Tanneh G. Brunson, has hailed the innaugural graduates of River Gee Technical College to see themselves as "problem-solvers, role models, and contributors to national growth."

The China–South Africa service structure involving five carriers and two service loops is set for significant changes following the launch of the SAF and UBX services by Evergreen and PIL, according to Alphaliner. The existing network, previously involving Cosco Shipping Lines, Gold Star, ONE, Evergreen and PIL, is expected to continue without Evergreen and likely without PIL, leaving the remaining partners to revise service coverage across the trade lane. Under the changes…

The signing ceremony took place at the Mount Coffee Hydropower Complex shortly after President Boakai officially switched on the newly completed 20-megawatt solar photovoltaic power plant, a landmark achievement in Liberia’s efforts to expand access to clean and reliable energy. The agreements cover three key initiatives: the Western Africa Regional Digital Integration Program (WARDIP 2), the Regional Emergency Solar Power Intervention Project (RESPITE) Additional Financing…

Aliko Dangote's net worth has risen to a historic $36.7 billion, according to real-time Bloomberg data.