The Nigerian National Petroleum Company Limited (NNPC Limited) has reported a total revenue of N4.571 trillion for the month of June 2025, maintaining its upward revenue trajectory amid steady increases …
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- EconomyELECTRICITYEnergyGOVERNMENTInfrastructure
States Move to Slash Electricity Tariffs Despite Gencos,
More Nigerian states have joined Enugu State in announcing plans to reduce electricity tariffs within their territories following the new order issued by the Enugu Electricity Regulatory Commission (EERC) that …
- BusinessEconomyFinance & ServicesInfrastructureINVESTMENTMarkets
Craneburg EKSG Motorway Company Lists N32.5bn 20-Year Infrastructure Bond
Craneburg EKSG Motorway Company Plc has officially listed its N32.5 billion, 20-year, 22 per cent senior guaranteed fixed-rate infrastructure bond on the Nigerian Exchange Limited (NGX). The bond was admitted …
- BusinessEconomyEnergyInfrastructureINVESTMENTTrade and Commerce
UK Businesses Eye Nigeria, Africa for Strategic Growth Amid Mineral Wealth, Reforms
British businesses are showing growing interest in Nigeria and other African countries as the continent becomes a key target for international investments. This development is driven by Africa’s vast mineral …
- Banking, Finance & InvestmentBusinessEconomyFinance & ServicesNigeria
Union Bank Promotes 24% of Staff in Largest Promotion Exercise in a Decade
Union Bank of Nigeria Plc has promoted about 24 percent of its workforce following the conclusion of its annual staff assessment and performance evaluation exercise. The bank made this known …
- AfricaBusinessEnergyEnvironmentInternational RelationsTechnologyZAMBIA
China Sends Electric Trucks to Zambia in Green Mining Push
China has sent a fleet of 31 pure electric mining trucks to Zambia, marking a major step in introducing green technology to Africa’s mining industry. The shipment, organized by Chinese …
- AfricaAFRICA NEWSEconomyFinance & ServicesTrade and Commerce
Algeria Tightens Controls to Curb Capital Flight and Import Fraud
Met with a growing loss of foreign currency and mounting pressure on its economy, the Algerian government has intensified its crackdown on fraudulent import practices that have long drained its …
- AfricaAFRICA NEWSGOVERNMENTPoliticsSecurity
Mali Launches New Peace Charter, Moves Beyond Algiers Agreement
Mali’s transitional government has taken a major step in reshaping its national peace efforts with the presentation of a draft National Charter for Peace and Reconciliation. The document, which is …
- International RelationsMiddle eastNorth AfricaPolitics
Analyst Warns European Powers Seeking Control Over Libya’s Political Process
Turkish political analyst Muhannad Hafizoglu has accused European powers of trying to control Libya’s political future through what he called weak and symbolic international efforts. In an interview with regional …
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Al-Menfi Bans Unapproved Use of Mitiga Airport Presidential Lounge
The President of Libya’s Presidential Council, Mohamed al-Menfi, has ordered an immediate suspension of any unofficial use of the presidential lounge at Mitiga International Airport in Tripoli. The directive applies …