The National Agency for Food and Drug Administration and Control (NAFDAC) has released a clarification to explain its recent publication of 101 drug products that have been withdrawn, suspended, or …
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Shell Approves $2 Billion HI Gas Project to Boost Nigeria’s LNG Exports and Energy Supply
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a Final Investment Decision (FID) on the $2 billion HI gas project offshore Nigeria. The …
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IMF to Release New World Economic Outlook and Global Financial Stability Reports Today
The International Monetary Fund (IMF) will today, Tuesday, October 14, 2025, unveil its latest World Economic Outlook (WEO) report in Washington, D.C., during a hybrid press briefing as part of …
The National Assembly has proposed that Nigeria’s next presidential and governorship elections be held in November 2026, instead of the traditional February or March of the election year. This new …
- BusinessCommoditiesEconomyFinanceINVESTMENTMiningSouth Africa
South African Rand Falls as Investors Await Key Economic Data
The South African rand weakened in early trading on Tuesday as investors awaited the release of key domestic economic indicators that could provide fresh insight into the country’s financial outlook. …
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Kenya Passes Landmark Bill to Regulate Cryptocurrencies and Digital Assets
Kenyan lawmakers have approved a new bill to regulate digital assets such as cryptocurrencies, marking a major step towards providing legal clarity for the country’s growing financial technology sector. The …
- Debt Management,EconomyFinanceGOVERNMENTInternationalINVESTMENTWestern Africa
Senegal’s Bonds Drop as Moody’s Downgrades Credit Rating Over Debt Concerns
Senegal’s international bonds fell sharply on Monday after Moody’s Investors Service downgraded the West African nation’s credit rating, warning that it was becoming less certain the country would be able …
- BusinessEconomyGlobal DevelopmentInfrastructureINVESTMENTTechnology
Google to Invest $15 Billion in Building Massive AI Hub in Southern India
Google has announced a major $15 billion investment plan to build a new data centre hub dedicated to artificial intelligence (AI) development in southern India. The project, which will be …
- Consumer AffairsEconomyEnergyGovernment PolicyMarketsNigeriaOil & GasPetroleum
Ekpo Orders Clampdown on Cooking Gas Hoarders as Prices Double Nationwide
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has directed regulatory agencies to clamp down on marketers hoarding or exploiting consumers following the recent sharp rise in the …
- African DevelopmentChina-Africa RelationsDiplomacyGender EqualityGovernanceINVESTMENT
Mahama Arrives China for State Visit, to Attend Global Women Leaders’ Meeting
President John Dramani Mahama of Ghana and his wife, First Lady Mrs Lordina Mahama, have arrived in Beijing, China, for a state visit at the invitation of Chinese President Xi …