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Forbes Africa

16 Jan
2023. What a year it was for Africa. The continent served international news organisations with regular fare of distressing news. Although Africa is made up of 54 countries, border distinctions shrink in significance when news feeds are constantly flooded with bad news. Differences between Morocco and Equatorial Guinea, or Côte d’Ivoire and Djibouti matter little…
9 Jul 2023
It was indeed a barrage of encomiums over the weekend in Lagos, from top media and entertainment industry executives, in celebration of the man of the moment, Adeleye Fabusoro, who was recently appointed in an historic move as the Head, West Africa of CNBC and Forbes Africa.
4 Apr 2023
Forbes Africa has unveiled its annual roaster of 30 Under 30, an esteemed collection that lauds the accomplishments of exceptional young entrepreneurs, innovators, and leaders under the age of 30. The list, titled "The Newest Self-Made Young Innovators and Leaders Scripting a New Vision for Africa," showcases 30 dynamic and versatile individuals who are spearheading…

Latest

2 hours ago
Nigerian banks have 24 months to recapitalise their capital base to at least N500 billion international authorisation capitalisation to continue operations in the country, the Central Bank of Nigeria (CBN) has said. This comes after the apex bank urged Nigerian banks to expedite action on the recapitalisation of their capital base to strengthen the financial…
2 hours ago
President Bola Ahmed Tinubu has approved the appointment of Dr. Abdullahi Usman Bello as the Chairman of the Code of Conduct Bureau (CCB), pending confirmation by the Nigerian Senate. Presidential spokesman, Ajuri Ngelale, confirmed Tinubu's approval of Bello's appointment in a statement on X on Thursday. According to the Ngelale, Dr. Bello is a consummate…
3 hours ago
Hoodlums attacked and set on fire the Neni Divisional Police station in Anaocha Local Government Area of Anambra State. It was gathered that the hoodlums numbering about 30 stormed the area at about 2am on Thursday and destroyed several buildings. READ ALSO: First phase of Lagos-Calabar Highway to be completed in three years – FG…
4 hours ago
To streamline operations and enforce parity across its workforce, the Board of Eko Electricity Distribution Company (Eko Disco) has affirmed recent management changes and its decision to harmonize salaries and conditions of service for all employees. Dispelling rumors of a reversal in the dissolution of the former management under Dr Tinuade Sanda, Mr. Dere Otubu,…
4 hours ago
The Federal Government said the first phase of the Lagos-Calabar highway will be completed within the next three years. This was disclosed on Thursday in a statement by Ben Bem Goong who is the spokesman to the Minister of Works, Engr. David Umahi. Goong made this announcement following Umahi's inspection of the Lagos-Calabar coaster highway…
5 hours ago
Nigeria has been left in darkness as the national electricity grid controlled from Osogbo, Osun State collapsed at about 4:30pm on Thursday. Most distribution companies across the country disclosed that their feeders were out leaving their franchises area across the 36 states in darkness. While the grid output was 2984 megawatts as at 4pm, the…
5 hours ago
An Ikeja High Court on Thursday issued a bench warrant against the former employee of Punch Nigeria Ltd., Olusegun Ogunbanjo, and others charged with N950 million fraud.
6 hours ago
An Ikeja Sexual Offences and Domestic Violence Court on Thursday discharged and acquitted a 23-year-old student, Victory Tasie, charged with defiling his girlfriend.
6 hours ago
Persons familiar with the antecedents of Senator Uba Sani, the Governor of Kaduna State, readily attest to the fact that he is hardly ever deterred by challenges or adversities, no matter how daunting. Stories abound of his daring exploits as a young civil and human rights activist when successive military juntas held sway in Nigeria.…
7 hours ago
A former National Chairman of the Peoples Democratic Party (PDP), Uche Secondus and members of the Presidential Campaign Council of the party for the 2023 general elections in Rivers State have declared their loyalty to President Bola Ahmed Tinubu and the state governor, Siminalayi Fubara. A former Minister of Transportation and the Director-General, PDP-PCC Rivers…