Nigeria’s drive to ramp up crude oil production received a fresh boost on Monday as the Nigerian National Petroleum Company Limited (NNPCL) confirmed a new oil and gas discovery by …
Africa
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AfricaAFRICA NEWSEnergyEnergy Sector
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AfricaAFRICA NEWSEconomyNewsNigeria
Federal Gov’t Raises N501bn Bond, Settles N421.42bn Power Sector Debts
The Federal Government on Tuesday announced the successful completion of its inaugural N501 billion bond issuance aimed at settling long-standing debts in the power sector, in a move expected to …
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AfricaAFRICA NEWSNewsPolitics
Nigeria, Türkiye target $5bn trade volume, sign agreements on defence, others
Nigeria and Türkiye have set an ambitious target to grow bilateral trade to $5 billion as both nations signed nine key agreements covering defence, trade, education and social development. The …
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AfricaAFRICA NEWSBusiness Policies
FCMB-TLG private debt fund N20bn series 2 offer opens for investment
FCMB Asset Management Limited (FCMBAM) has announced plans to open the FCMB–TLG Private Debt Fund Series 2, targeting up to N20 billion from investors, following the receipt of all required …
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Nigeria’s fast-growing digital economy is facing a major threat from a deepening shortage of skilled technology professionals, with industry experts warning that as much as $11 billion in annual sector …
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AfricaAFRICA NEWSGhanaGhana Economy
Insurance CEOs sees AI as biggest brake on insurer profitability
Chief executives of insurance companies across the globe are set to ramp up investments in artificial intelligence (AI), with many expecting faster returns on the technology, a new report by …
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AfricaAFRICA NEWSKenyaKenya NewsKenyan News
UK, Kenya deepen trade ties at maiden business forum in Nairobi
More than 180 businesses and top government officials from the United Kingdom and Kenya gathered in Nairobi on Thursday for the inaugural UK–Kenya Business Forum, aimed at unlocking fresh investment …
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AfricaAFRICA NEWSKenyaKenya NewsKenyan News
Chinese investors storm Kenya over infrastructure, agro-investment prospects
A delegation of Chinese investors has arrived in Kenya to explore fresh investment opportunities in infrastructure development and agriculture, as Nairobi deepens economic ties with Beijing. The visit, confirmed by …
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AfricaAFRICA NEWSNewsSouth AfricaSouth Africa EconomySouthern Africa
Rand gains despite US warning on possible flight halt to South African airport
South Africa’s rand appreciated against the United States dollar on Wednesday as investors largely looked past mixed domestic economic indicators, even as reports emerged of a warning from US authorities …
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AfricaEconomy
CBN Auctions N1.15trn Treasury Bills as Liquidity, Rate Outlook Drive Investor Sentiment
The Central Bank of Nigeria (CBN) will today conduct its second Treasury Bills (T-bills) auction for January 2026, offering instruments worth N1.15 trillion amid elevated system liquidity and mixed expectations …