Nigeria is losing about 400,000 hectares of forest every year to unchecked deforestation, a development that charcoal industry stakeholders say threatens both the sector and the country’s environmental commitments. The …
Economy
- AgricultureClimate ChangeEconomyEnvironmentGovernanceTrade
- BusinessEconomyEventsMiningSustainabilityTrade
Segilola Resources Reaffirms Ethical Sourcing Commitment
Segilola Resources Operating Limited has reaffirmed its commitment to promoting ethical sourcing in Nigeria’s mining industry following its confirmation as a sponsor of the Gold and Gemstone Conference and Exhibition …
- BusinessEconomyEducationManufacturingPoliciesTrade
Nigeria’s Manufacturing Sector Holds Key to Trade Growth, Experts Say
Nigeria needs to urgently reposition its manufacturing sector if it hopes to compete favourably in global trade and strengthen its non-oil economy. Recent data shows that manufacturing contributed only 9.62 …
- AgricultureBusinessEconomyManufacturing
Flour Mills of Nigeria Reaffirms Commitment to Food Security and Local Content
Flour Mills of Nigeria Plc (FMN) has restated its commitment to supporting food security in Nigeria and driving local content development through sustained investments in agriculture and agro-allied industries. The …
- BusinessEconomyEventsInnovationManufacturingTrade
Propak West Africa Set to Open 12th Edition in Lagos with Focus on Innovation and Local Manufacturing
Propak West Africa has announced that its 12th edition will hold next week at the Landmark Centre, Lagos, bringing together industry leaders, manufacturers, and innovators to showcase new solutions in …
- AgricultureBusinessEconomyGovernment PolicyTrade
Trade Group Seeks Transition Plan Before Shea Nut Export Ban
The Alliance for Economic Research and Ethics has urged the Federal Government to create a clear transition plan and consult widely with stakeholders before going ahead with its ban on …
- Cost of LivingEconomyPoliticsPublic FinanceSocial WelfareUnited Kingdom
£1.3bn Loss After UK U-Turn on Winter Fuel Payments
The British government has suffered a major financial setback after Chancellor Rachel Reeves was forced to reverse plans to cut winter fuel payments for millions of pensioners. Instead of saving …
- BusinessEconomyEnergyPublic UtilitiesRegulationSouth Africa
Eskom Settlement with Nersa Triggers R54bn Extra Costs
South Africans will have to pay more for electricity after the National Energy Regulator of South Africa (Nersa) admitted to making mistakes in calculating Eskom’s revenue for the coming years. …
- BankingEconomyFinanceSouthern AfricaTrade
RBM Introduces Export Proceeds Exemption for Forex Stability
The Reserve Bank of Malawi (RBM) has announced that it will exempt certain companies from the mandatory conversion of export proceeds under its newly issued repatriation of export proceeds directive. …
- BusinessDangote IndustriesEconomyEnergy
Nigerians Spend N1.3tn on Petrol in June as Consumption Hits 1.44bn Litres
Nigerians spent about N1.3 trillion on Premium Motor Spirit (petrol) in June 2025, amid rising energy costs and heavy reliance on self-power generation, according to the latest data from the …