The President of the Nigerian Gas Association (NGA), Mr. Akachukwu Nwokedi, has revealed that more than $5 billion has been pumped into Nigeria’s gas sector in the last one year. …
Radarr Africa Business Desk
Radarr Africa Business Desk
The Radarr Africa Business Desk reports daily on companies, markets, banking, energy, technology and policy across Nigeria and Africa. Stories are reviewed and edited by The Radarr Africa Editorial Team in Lagos. Story tips and corrections: business@radarr.africa.
- AfricaAFRICA NEWSBusinessEnergyINVESTMENTNigeriaWestern Africa
- BusinessEconomyFinance & ServicesNigeriaWestern Africa
Inflation Hits 24.23% in March, Says National Bureau of Statistics
The National Bureau of Statistics (NBS) has announced a rise in Nigeria’s inflation rate to 24.23% for March 2025. This figure shows an increase from the 23.18% recorded in February …
- AfricaBusinessBusiness and EconomyCrimeCryptocurrencyCyber securityNigeriaTechnologyWestern Africa
SEC Warns Celebrities, Influencers Over Promotion of Meme Coins, Illegal Crypto Platforms
ABUJA — The Securities and Exchange Commission (SEC) has cautioned Nigerian celebrities and social media influencers against promoting digital asset platforms and meme coins that are not registered or licensed. …
- BusinessCrimeCyber securityFinance & ServicesKenyaNigeriaTechnologyWestern Africa
CBEX Crash: $800 Million Crypto Scam Rocks Nigeria and Kenya
A digital asset platform called CBEX has collapsed, leaving thousands of Nigerians and Kenyans in shock after losing over $800 million in what investigators describe as a well-planned Ponzi scheme. …
- Digital EconomyEconomyGOVERNMENTNigeriaOil & Gas
Agbakoba: Over-Concentration of Power is Nigeria’s Biggest Challenge to Economic Growth
Dr. Olisa Agbakoba, a respected lawyer and former president of the Nigeria Bar Association (NBA), has warned that Nigeria’s over-centralised governance structure is preventing the country from reaching its full …
- Arts & CultureGOVERNMENTLeadership
Lagos Leadership Summit 2025: Exciting Speakers Set to Inspire Change
The Lateef Jakande Leadership Academy (LJLA) has announced an impressive list of speakers for the upcoming Lagos Leadership Summit 2025. The event will take place on April 16th and 17th …
Three major aviation unions have warned the Nigerian Meteorological Agency (NiMet) that they will resume a suspended strike if the agency fails to honour the agreement signed with workers in …
- AfricaBusinessEconomyEnergyInternational RelationsOil & Gas
Nigeria’s Walcot Group wins three oil blocks in Angola
Walcot Group, a well-known Nigerian energy company, has signed a production sharing contract (PSC) with the Angolan National Agency for Petroleum, Gas, and Biofuels (ANPG). The signing took place last …
- AviationBusinessEconomyInternational RelationsTransportation & Logisitics
Keyamo announces Nigeria-Tanzania direct flight
Nigeria and Tanzania are set to improve their relationship as both countries begin moves to launch direct flights that will link the two nations by air. This was made known …
- DevelopmentGOVERNMENTInfrastructureNewsNigeriaTransportation & Logisitics
FG Sets N777bn for Completion of Abuja-Kaduna-Zaria-Kano Road, Targets 14-Month Deadline
The Federal Government has announced that it will spend a total of ₦777 billion to complete the ongoing reconstruction of the 700-kilometre Abuja-Kaduna-Zaria-Kano Expressway. Minister of Works, Engr. David Umahi, …