The President and Chief Executive Officer of the Regional Maritime Development Bank, Mr. Adeniran Aderogba, has said that Africa’s mining sector is still facing major problems that are stopping it …
Economy
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AfricaDevelopmentEconomyFinance & ServicesInfrastructureManufacturingTrade and Commerce
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EconomyMarketsPoliciesWestern Africa
Ghana’s Inflation Drops to 18.4% in May, Hits Lowest Level Since 2022 Amid Economic Recovery
Ghana’s consumer inflation dropped for the fifth consecutive month in May, falling to its lowest level in over two years as economic pressures ease across the country. The Ghana Statistical …
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BusinessEconomyFinance & ServicesMarketsOil & Gas
Nigerian Equities Market Hits ₦71 Trillion as Oando, 30 Stocks Drive Gains Amid Oil & Gas Sector Slump
The Nigerian equities market extended its bullish rally on Tuesday as the overall market capitalisation crossed the ₦71 trillion mark, driven by strong performances from Oando Plc and 30 other …
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BusinessEconomyFinance & ServicesGOVERNMENTManufacturingNigeriaTechnology
How E-Invoicing Will Help Nigerian Manufacturers Get Credit and Grow
The Federal Inland Revenue Service (FIRS) has said the upcoming national electronic invoicing system will make it easier for manufacturers in Nigeria to access credit from financial institutions. This announcement …
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DevelopmentEconomyEventsGOVERNMENTPolicies
NESG Partners News Central TV to Boost Coverage of Nigerian Economic Summit 2025
The Nigerian Economic Summit Group (NESG) has entered into a strategic media partnership with News Central Television to enhance coverage, public engagement, and outreach for the upcoming Nigerian Economic Summit …
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BusinessDevelopmentEconomyEntrepreneurshipInnovationINVESTMENT
Marketsquare Operator, Sundry Markets Limited, Named One of Africa’s Fastest-Growing Companies.
Sundry Markets Limited (SML), the operator of the well-known Marketsquare supermarket chain, has again earned a place among Africa’s fastest-growing companies, according to the 2025 ranking. This is the second …
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AfricaDevelopmentEconomyEnergyInfrastructureNigeriaOil & Gas
Nigerian Oil Companies Now Lead Nation’s Crude Production as Indigenous Firms Surpass 50% Output Share
Nigeria’s oil and gas industry is undergoing a major transformation as local oil companies now produce more than half of the country’s total crude oil output. This development marks a …
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AgribusinessAgricultureDevelopmentEconomyINVESTMENT
NIRSAL Trains Nigerian Livestock Producers to Tap into $2.5 Billion Brazilian Meat Investment Deal
The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) has flagged off a major training programme aimed at helping Nigerian livestock value chain actors benefit from a $2.5 billion Foreign …
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DevelopmentEconomyEnvironmentGOVERNMENTPolitics
MOSOP Demands Probe of Missing $300 Million Ogoni Fund, Urges Tinubu to Act on Oil Crisis Compensation
The Movement for the Survival of the Ogoni People (MOSOP) has raised serious alarm over the alleged mismanagement of $300 million (about ₦480 billion) which was meant to improve infrastructure …
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BusinessEconomyEnergyInfrastructureINVESTMENTOil & Gas
Local Oil Firms Drive New Growth Phase in Nigeria’s Energy Sector
Nigeria’s oil and gas sector is undergoing a major transformation, driven by local companies stepping into roles traditionally held by international oil majors. With a wave of asset divestments by …