Nigeria must urgently invest $5.5 billion in decentralised oil terminals to unlock thousands of stranded marginal fields and push crude oil production to three million barrels per day (bpd), stakeholders …
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Mauritania’s Dr Sidi Ould Tah Elected AfDB President as Nigeria’s Cardoso Wins Central Banker of the Year
Dr Sidi Ould Tah, a renowned economist and national of Mauritania, has been elected as the new President of the African Development Bank (AfDB). He will take over from Nigeria’s …
- BusinessEconomyEnergyGOVERNMENTOil & GasPolitics
President Tinubu Signs Executive Order to Cut Oil, Gas Costs and Attract More Investment into Nigeria’s Energy Sector
President Bola Ahmed Tinubu has signed a new Executive Order aimed at cutting the high cost of oil and gas production in Nigeria, increasing government revenue, and bringing in more …
- DevelopmentEconomyEnergyGhanaInnovationTechnology
Ghana to Host Mining in Motion 2025 Summit: Focus on Sustainable Growth and Global Impact
All eyes will turn to Accra, Ghana this year as the country prepares to host the highly anticipated Mining in Motion 2025 Summit, a major event that brings together key …
- DevelopmentEconomyInfrastructureNewsRWANDA
Rwanda Reshapes Its Cities with New Urban Policy, Digital Permits, and Affordable Housing Drive
Rwanda is taking bold steps to transform its urban landscape with a new set of policies and digital tools aimed at making its cities smarter, more inclusive, and easier to …
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Kenya’s Inflation Drops to 3.8% in May, Stays Within Central Bank Target Range
Kenya’s annual inflation rate dropped to 3.8% in May 2025, down from 4.1% recorded in April, according to fresh data released by the Kenya National Bureau of Statistics (KNBS) on …
- DevelopmentEnergyInfrastructureINVESTMENTRwandaTransportation & Logisitics
Rwanda Targets Big Infrastructure Growth with Focus on Urban Planning, Housing and Energy
Rwanda’s Minister of Infrastructure, Jimmy Gasore, has shared the country’s latest plans to improve infrastructure and attract more investors. Mr Gasore said Rwanda is working on new policies that will …
- Banking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTMarketsPoliciesSouth Africa
South African Rand Holds Ground as Central Bank Pushes for Lower Inflation Target
The South African rand managed to hold on to most of its gains from the previous day during early trading on Friday, May 30, 2025, following fresh comments from the …
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WAEC Apologises for Delay in English Language Paper 2 in 2025 WASSCE, Cites Security Challenges
The West African Examinations Council (WAEC) has officially apologised to candidates, schools, and parents over the delay in conducting the English Language Paper 2 during the 2025 West African Senior …
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Sokoto Govt Approves ₦69 Billion for Housing, Agriculture, and Infrastructure Development
The Sokoto State Government has approved the sum of ₦69 billion for major developmental projects across the state. This was made known after the 4th Executive Council Meeting held on …