Economy

The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Shettima, has called on the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and the Nigerian …

The Defence Industries Corporation of Nigeria (DICON) has signed a Memorandum of Understanding (MoU) with Oida Energy Limited to set up Nigeria’s first oilfield shaped charge manufacturing facility. The deal, …

The Central Bank of Nigeria has reduced the country’s benchmark interest rate to 27 per cent, marking the first cut in 2025 after three consecutive pauses. The move signals a …

The Nigerian Exchange (NGX) on Tuesday extended its bearish run as investors retreated from select equities, wiping out N322 billion from the total market value. At the close of trading, …

The Manufacturers Association of Nigeria (MAN) has cautioned the Federal Government against the planned introduction of a Tax Stamp System on excisable products, warning that the policy would worsen inflation, …

Guaranty Trust Holding Company Plc, GTCO, has announced a profit before tax of N600.9bn for the half-year ended June 30, 2025, reflecting strong resilience in its operations even though the …

African governments have been urged to treat their upcoming national climate plans not just as environmental strategies but as opportunities to grow economies, create jobs and improve living standards across …

The Federal Government has been urged to place innovation at the centre of infrastructure development if Nigeria is to overcome its deepening crisis of failing roads and crumbling airport runways. …

Uganda’s Electoral Commission has cleared President Yoweri Kaguta Museveni to contest in the 2026 presidential election, paving the way for the 81-year-old leader to extend his time in power to …

The South African rand traded flat against the U.S. dollar on Tuesday, extending a two-week stretch of stability as investors kept watch for domestic economic triggers. By 8:15 GMT, the …