The Central Bank of Egypt (CBE) has announced that the country’s net foreign assets recorded a sharp increase of over US$1.5 billion in February 2025. This pushed the total to …
Banking, Finance & InvestmentEgyptNorth AfricaTrade and Commerce
- AfricaEconomyPoliticsTrade and CommerceZIMBABWE
Mnangagwa Moves to Suspend Tariffs on US Goods Amid Sanctions and Trade Dispute
Zimbabwean President Emmerson Mnangagwa has announced plans to suspend all tariffs on goods imported from the United States. The announcement comes shortly after former US President Donald Trump imposed 18 …
- EconomyEnergyGOVERNMENTInfrastructure
FG Begins Meter Rollout, Targets Over 3.2 Million Installations by 2026
The Federal Government has announced the arrival of the first batch of prepaid electricity meters under its renewed push to close the metering gap across the country, with over 275,000 …
- Banking, Finance & InvestmentBusiness InsightsEconomyGOVERNMENT
RMB Engages Investors, FG on Economic Outlook During Abuja Roadshow
Leading corporate and investment banking group, Rand Merchant Bank (RMB), has concluded a series of high-level engagements in Abuja as part of its West Africa investor roadshow, spotlighting Nigeria’s investment …
- Banking, Finance & InvestmentBusinessFinance & ServicesNigeriaWestern Africa
Ecobank Drags Oba Otudeko, Others to Court Over FBN Holdings Shares
Ecobank Nigeria Limited has filed a fresh suit at the Federal High Court in Lagos to stop Oba Otudeko and his associates from selling over 6.3 billion shares in FBN …
The Nigerian National Petroleum Company Limited (NNPC Ltd) has named a new eight-man senior management team, following the appointment of Bayo Ojulari as the Group Chief Executive Officer (GCEO) and …
- Business and EconomyEnergyGOVERNMENTInfrastructureNigeriaWestern Africa
FG Signs $27.3m Deal with LNG Arete to Build Mini Gas Plant in Kogi
The Federal Government of Nigeria has signed a $27.3 million deal with LNG Arete to build a mini Liquefied Natural Gas (LNG) plant in Ajaokuta, Kogi State. The agreement, signed …
- Banking, Finance & InvestmentEconomyGOVERNMENTNigeriaWestern Africa
Six Banks Pay Over N751bn in Taxes for 2024
Six Nigerian banks have paid a total of N751.796 billion in taxes to the Federal and State Governments for the 2024 financial year, which ended on December 31, 2024. This …
- Business and EconomyEnergyINVESTMENTNigeriaOil & GasWestern Africa
TotalEnergies Records N27bn Profit, Proposes N40 Dividend Per Share for 2024
TotalEnergies Marketing Nigeria Plc has reported a profit of N27.49 billion for the financial year ended December 31, 2024. This marks a significant 113 per cent increase from the N12.92 …
- BusinessPoliciesTrade and Commerce
FG Urged to Boost AfCFTA Participation as US Slams 14% Tariff on Nigerian Exports
Economic analysts have called on the Federal Government to ramp up local production and take full advantage of the African Continental Free Trade Agreement (AfCFTA) following the imposition of a …