African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
The National Pension Commission (PenCom) has disclosed that a total of ₦5.51 trillion from Nigeria’s pension funds has been invested into key sectors of the economy to support long-term development …
Nigeria’s oil and gas industry has recorded a major milestone as local fabrication capacity has now surpassed national demand, allowing Nigerian companies to offer fabrication services to other African countries …
The Nigeria Deposit Insurance Corporation (NDIC) has announced that it will begin paying the first tranche of liquidation dividends to depositors of Heritage Bank before the end of April 2025. …
The Federal Executive Council (FEC) has ordered the full implementation of the Naira-for-Crude agreement between the Federal Government and local oil refiners, a move aimed at strengthening Nigeria’s local refining …
Many Nigerians are still groaning over the high cost of transportation despite the recent drop in fuel pump prices and the introduction of Compressed Natural Gas (CNG) as an alternative …
The Nigeria Customs Service, Seme Area Command, has reported significant activities in export and revenue generation for the first quarter of 2025. According to the Area Controller of the command, …
The National Association of Nigeria Travel Agencies (NANTA) is getting ready to tackle major issues facing the aviation and travel industry in Nigeria. This time, the focus is on problems …
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 …
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 …
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 …
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