Battered by constant power outages and repeated national grid collapses, more private companies and institutions in Nigeria are now turning to self-generated electricity. The Nigerian Electricity Regulatory Commission (NERC) has …
Economy
- EconomyEnergyGOVERNMENTInfrastructure
- EconomyGOVERNMENTLabourOil & Gas
NNPC Workers Warn New GCEO Ojulari Against Hiring Outsiders for Top Roles
Unions representing workers of the Nigerian National Petroleum Company Limited (NNPC Ltd.) have warned the newly appointed Group Chief Executive Officer, Bayo Ojulari, not to recruit outsiders into top management …
- CryptocurrencyEconomyEducationTechnology
Nigerian Tech Innovator Hanu Fejiro Trains Youths on Crypto for Free
A young Nigerian tech entrepreneur, Hanu Fejiro, has launched a free online training programme to teach Nigerian youths about cryptocurrency, blockchain, and decentralised finance (DeFi). The aim of the programme …
- BusinessEconomyInternational RelationsPoliticsTrade and Commerce
Trade Among Yourselves to Survive Trump’s Tariff, Ecobank Boss Advises Nigeria
The Chief Executive Officer of Ecobank Transnational Inc., Mr. Jeremy Awori, has called on Nigeria and other African countries to increase trade among themselves in order to reduce the possible …
- BusinessEconomyFinance & ServicesManufacturing
Forex Wahala: Nigerian SMEs Struggle as Naira Crisis Deepens
Small and medium-sized businesses across Nigeria are groaning under the weight of the forex crisis as the naira continues to fall and the foreign exchange market remains unstable. For many …
- BusinessEconomyFinance & ServicesGOVERNMENTPolicies
Naira Falls Again Despite CBN Intervention, Faces More Pressure from Global Events
The Nigerian naira has continued to weaken against the US dollar, as it recorded another round of depreciation in March 2025, both at the official market and in the parallel …
- Banking, Finance & InvestmentEastern AfricaEconomyEthiopiaGOVERNMENT
Audit Report Exposes Forex Losses and Debt Pressure at Ethiopia’s Central Bank
A new audit of the National Bank of Ethiopia (NBE) has revealed serious financial troubles, including massive losses in foreign exchange dealings and gold trading, as well as rising government …
- DevelopmentEconomyEgyptFinance & ServicesGOVERNMENTNorth Africa
Egypt’s Finance Ministry Rolls Out Measures to Boost Economy and Support Citizens
The Egyptian Ministry of Finance has announced new steps to boost economic activity and encourage private sector growth. The move also targets support for key industries in the country. These …
- EconomyEgyptFinance & ServicesGOVERNMENTInternational RelationsNorth Africa
Egypt’s External Debt Drops by $12.9 Billion in 2024 – Reforms Credited for Major Relief
Egypt has recorded its biggest drop in external debt in history, reducing its foreign debt burden by about US$12.9 billion in 2024. This brings the total to $155.093 billion by …
- 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 …