The Nigerian music industry has undergone a quiet revolution. While the spotlight often shines on superstar acts with label support and massive budgets, a different story is unfolding just beneath …
Economy
-
AfricaArts & CultureBusinessDigital EconomyEconomyEntertainmentMusicNigeriaSpotlight
-
BusinessBusiness InsightsEastern AfricaEconomyEnergyNigeriaNorth AfricaOil & GasSouth AfricaTransportation & LogisiticsWestern Africa
Petrol Price Rises 76.73% in One Year, Now N1,239/Litre – NBS
The average pump price of Premium Motor Spirit (PMS), also known as petrol, jumped by 76.73 per cent year-on-year in April 2025, reaching N1,239.33 per litre, according to data released …
-
EconomyEnergyGOVERNMENTLabourNigeriaOil & GasPoliciesTransportation & Logisitics
FG Bans Night Movement for Fuel Tankers, Sets New Safety Rules
The Federal Government has stopped fuel tankers from moving at night as part of new safety measures in the petroleum transport sector. This was announced by the Nigerian Midstream and …
-
BusinessBusiness InsightsEconomyFinance & ServicesGOVERNMENTInnovationInsuranceINVESTMENTMarketsNewsNigeria
AM Best Assigns ‘B+’ Rating to Linkage Assurance Plc, Cites Strong Balance Sheet and Risk Management
Linkage Assurance Plc, a Nigerian insurance company listed on the Nigerian Exchange Group, has been assigned a long-term issuer credit rating of ‘B+’ by AM Best, a globally recognised credit …
-
EconomyEnergyFinance & ServicesLeadershipMarketsPoliticsSouth AfricaTrade and Commerce
Rand Holds Firm as Ramaphosa-Trump Meeting Overshadows South Africa’s 2025 Budget
South Africa’s currency, the rand, remained largely stable on Thursday despite political tension triggered by a controversial encounter between President Cyril Ramaphosa and U.S. President Donald Trump, which took the …
-
AfricaEconomyGOVERNMENTNigeriaPolicies
National Assembly Staff Call for Return to Contributory Pension Scheme
Workers under the National Assembly Service Commission have asked to be returned to the Contributory Pension Scheme (CPS), two years after they were removed from it by a new law. …
-
BusinessEconomyFinance & ServicesGOVERNMENTInsuranceINVESTMENTNewsNigeria
IGI Pays Over N1.8bn in Insurance Claims, Targets Higher Payouts in 2024
Industrial and General Insurance Plc (IGI) has announced that it paid more than ₦1.8 billion in claims to policyholders over the past year, reaffirming its commitment to rebuilding public trust …
-
AfricaBusinessEconomyEnergyEnvironmentInnovationINVESTMENTNigeria
Winock Solar Named Africa’s Fastest-Growing Energy Firm in Financial Times Ranking
Nigerian renewable energy company, Winock Solar, has been named the fastest-growing energy firm in Africa, according to the 2025 Financial Times list of Africa’s Fastest-Growing Companies. The firm, which is …
-
BusinessEconomyEnergyFinance & ServicesInnovationINVESTMENTNigeria
Nigeria’s Winock Solar Named Africa’s Fastest-Growing Energy Company by Financial Times
Nigerian renewable energy firm Winock Solar has been named Africa’s fastest-growing energy company, according to the 2025 Financial Times list of Africa’s Fastest-Growing Companies. The firm announced the milestone on …
-
AfricaEconomyEnergyGOVERNMENTInfrastructureINVESTMENTNigeriaOil & GasPolicies
NCDMB Urges International Oil Companies to Support Local Firms and Boost Nigerian Content
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Felix Omatsola Ogbe, has called on international oil companies (IOCs) operating in Nigeria to actively engage local …