The global oil market is set for another adjustment as eight member countries of the OPEC+ alliance announced plans to increase their crude oil production by a total of 137,000 …
Business
- BusinessEnergyMarket StabilityOil & GasOPEC+
- BusinessEastern AfricaEconomySafetyTechnologyTransport
LATRA Pushes New Technology to Strengthen Tanzania’s Logistics Sector
Tanzania’s Land Transport Regulatory Authority (LATRA) has restated its commitment to boost the country’s logistics and transport sector, describing it as a key engine for economic growth and regional integration. …
- AgricultureBusinessCorporate GovernanceEconomyInfrastructure
Botswana Unveils 200 Projects for Transformation Plan
Botswana has taken a major step in its journey to build a stronger and more diversified economy with the selection of 200 projects under the Botswana Economic Transformation Programme (BETP). …
Angola’s President, João Lourenço, has described the oil industry as the backbone of his country’s economy, stressing that petroleum has played a decisive role not only in generating national revenue …
- AviationBusinessEconomyGOVERNMENTInfrastructureTransportation
Reconstruction Begins at Murtala Muhammed International Airport Lagos
The Federal Airports Authority of Nigeria (FAAN) has announced the official commencement of reconstruction work at the Murtala Muhammed International Airport (MMIA), Lagos, Nigeria’s busiest air gateway. In a travel …
- BankingBusinessEconomyFinanceTechnology
FirstBank Customers Face Service Disruption on Digital Channels
Customers of First Bank of Nigeria Limited, popularly known as FirstBank, are currently facing difficulties accessing some of the bank’s major digital banking platforms following a temporary service disruption. In …
- BusinessEconomyEnergyGOVERNMENTTrade
IPMAN Urges NNPC to Pay N25bn Outstanding Petroleum Equalisation Funds
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has appealed to the Nigerian National Petroleum Company Limited (NNPC Ltd) to settle outstanding petroleum equalisation funds and clear pending product loading …
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Closeup Launches ‘Closer is Better’ Campaign to Inspire Youth Confidence
Closeup, one of Nigeria’s leading oral care brands, has unveiled a new campaign tagged “Closer is Better” aimed at empowering young Nigerians to express themselves freely, love boldly, and connect …
- BusinessDevelopmentEconomyGOVERNMENTPovertySocial Welfare
NES Raises Alarm Over Poor State of Nigeria’s Social Welfare
The Nigerian Economic Society (NES) has expressed concern over the state of social welfare in the country, describing it as ignominious. The body noted that about 133 million Nigerians currently …
The average cost of refilling a 12.5kg cylinder of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, dropped significantly in August 2025, according to market checks and fresh data …