nyuuz

  1. Munyaradzi Mafaro

    Wema Bank rewards top teachers with N4.5m prizes

    A Nigerian financial institution distributed awards worth more than 4.5 million naira to five educators during a ceremony recognizing their contributions to student development. Wema Bank hosted the event at its Marina headquarters in Lagos as part of its 2025 campaign honoring instructors who...
  2. Munyaradzi Mafaro

    LECON unlocks N30bn to power Nigerian industry

    A Nigerian financial institution licensed by the central bank has provided more than 30 billion naira through equipment leasing arrangements to companies operating across the country. LECON Finance Company Limited announced the milestone while highlighting its contribution to expanding access to...
  3. Munyaradzi Mafaro

    Trump threat rattles bonds, Nigeria shrugs it off

    Nigerian government debt instruments experienced price declines on Tuesday following remarks by President Donald Trump suggesting potential military intervention in the African nation over religious violence concerns. The selloff remained modest as experienced market participants anticipated...
  4. Munyaradzi Mafaro

    Apapa Customs hauls record N2.4trn in 10 months

    Nigeria's customs operations at Apapa port collected 2.4 trillion naira from January through October 2025, exceeding the previous year's full annual total with two months remaining. The command set another milestone during October by bringing in 304 billion naira within a single month...
  5. Munyaradzi Mafaro

    Chevron grabs Guinea-Bissau oil blocks in stealth deal

    Chevron has established operations in Guinea-Bissau waters through a subsidiary that will develop two offshore exploration sites in the MSGBC Basin. The American energy giant acquired working stakes of 90 percent in both Block 5B under the Carapau Exploration License and Block 6B under the Peixe...
  6. Munyaradzi Mafaro

    Nigerian content summit eyes energy, investment push

    Nigeria will host the 14th Practical Nigerian Content Forum during early December in Yenagoa, the capital of Bayelsa State. The gathering runs from Dec. 1 through Dec. 4, 2025 and carries the theme of investment security to bolster domestic participation while increasing energy sector output...
  7. Munyaradzi Mafaro

    Africa Law Practice adds Côte d’Ivoire powerhouse

    Africa Law Practice International has expanded its reach across the continent by adding an Abidjan-based firm as its tenth member organization. Effi & Associés joined the pan-African legal network during a ceremony held at the firm's Ivorian offices, marking a significant step in ALPi's growth...
  8. Munyaradzi Mafaro

    Nigeria, China tighten farm tech ties at Abuja expo

    The Abuja Chamber of Commerce and Industry has joined forces with Afreximbank and Autodex Nigerian Limited to enhance partnerships between Nigeria and China while promoting agricultural advancement and environmental responsibility. Chamber President Emeka Obegolu announced the collaboration...
  9. Munyaradzi Mafaro

    Petrol tariff pain hits Nigerians as smugglers profit

    A prominent Nigerian legal figure has expressed alarm about a 15 percent tariff imposed on petroleum and diesel imports, suggesting the policy may spark additional inflation and economic difficulties across the country. Olisa Agbakoba, who previously led the Nigerian Bar Association, questioned...
  10. Munyaradzi Mafaro

    FlySafair strike threat fizzles as flights stay on

    FlySafair announced that its operations will proceed without interruption despite ongoing labor discussions with the South Africa Cabin Crew Association, which represents about 65% of the carrier's 800 flight attendants. The union continues to evaluate a proposal from management that features a...
  11. Munyaradzi Mafaro

    Court locks up Hufke for killing Stellenbosch teen

    A 20-year-old man received a life sentence for killing a university student during a robbery attempt that turned violent in Stellenbosch, South Africa. Rudolf Hufke was convicted of murdering Jesse Mitchell, who was celebrating his 19th birthday when he was fatally stabbed in the neck during the...
  12. Munyaradzi Mafaro

    SACP purges KZN rebels as alliance cracks widen

    The South African Communist Party has dissolved its KwaZulu-Natal leadership team after provincial officials refused to support national plans for running candidates separately from the African National Congress during the 2026 municipal elections. National party leaders announced the action...
  13. Munyaradzi Mafaro

    Ramaphosa courts Asia as US tariffs bite back

    South Africa is pursuing free trade agreements with Indonesia, Vietnam and Malaysia following President Cyril Ramaphosa's diplomatic mission to Southeast Asia between Oct. 22 and 28. The initiative aims to diversify economic partnerships amid global uncertainty and expand markets beyond...
  14. Munyaradzi Mafaro

    NSFAS chair quits, cites racism and threats to family

    The National Student Financial Aid Scheme board leader resigned after alleging workplace abuse and safety concerns for her relatives. Karen Stander submitted her departure letter on Sunday to Higher Education Minister Buti Manamela, describing conditions marked by racial discrimination and...
  15. Munyaradzi Mafaro

    SIU to probe dodgy deals at Siyathemba municipality

    Presidential authority has activated a Special Investigating Unit examination of financial irregularities at Siyathemba Local Municipality after allegations emerged about equipment procurement practices. The Northern Cape government entity faces scrutiny over purchases of printing and copying...
  16. Munyaradzi Mafaro

    Western Cape ramps up safety for summer initiation season

    Western Cape authorities prepared for the summer initiation period by equipping 680 traditional practitioners with safety training and modern resources. The Department of Cultural Affairs and Sport distributed protective gear, firefighting equipment and water storage tanks to sites across the...
  17. Munyaradzi Mafaro

    Cachalia admits SAPS graft, vows tougher crackdown

    Acting Police Minister Firoz Cachalia told lawmakers on Monday that dishonesty remains prevalent in law enforcement agencies across the globe but South Africa cannot use this reality as justification for failing to address internal problems. Speaking before the National Assembly's Police...
  18. Munyaradzi Mafaro

    Ramaphosa calls for global inequality watchdog at G20

    President Cyril Ramaphosa announced plans to advocate for establishing a global institution focused on economic disparity when the G20 summit convenes in Johannesburg within 18 days. The proposal emerged after Nobel laureate Joseph Stiglitz delivered findings from an expert committee examining...
  19. Munyaradzi Mafaro

    SA grid overhaul set to draw billions in private cash

    South African authorities reaffirmed their commitment to a transmission infrastructure initiative designed to attract substantial private capital for expanding electrical networks. Officials from the Department of Electricity and Energy and the National Treasury issued a statement on Thursday...
  20. Munyaradzi Mafaro

    Tourism boom as SA welcomes 1.1 million more visitors

    International arrivals to South Africa climbed to 7.6 million during the first nine months of this year, marking an increase of more than 1.1 million compared with the same period in 2024. Tourism Minister Patricia de Lille announced the figures show complete recovery and expansion for the...
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