The World Bank has revised upward its growth outlook for Nigeria, projecting the country’s economy to expand by 4.4 per cent in 2026, up from the 3.7 per cent forecast …
Economy
- EconomyUncategorized
US investor Joe Lonsdale leads $11.7m funding for Nigerian defence drone startup
Terrahaptix, a Nigerian defence technology startup, has raised $11.7 million in fresh capital to expand the development and deployment of security drones and related surveillance systems across Africa, as concerns …
The Nigeria Customs Service (NCS) has commenced the implementation of a new Standard Operating Procedure (SOP) to regulate courier companies operating under the Delivered Duty Paid (DDP) Incoterm. The Comptroller-General …
- BankingBusinessEconomyEnergyFinanceInfrastructurePower Sector
Sahara Power Services $438m Loan, Backs Nigeria Power Sector Growth Plans
by Radarr Adminby Radarr AdminSahara Power Group has disclosed that it has so far paid the naira equivalent of $438 million in loan repayments, representing about 73 per cent of its original $600 million …
- EconomyGOVERNMENTPoverty AlleviationPublic SectorSocial WelfareSouth Africa
Sassa Urges Calm as January 2026 Grants Roll Out
The South African Social Security Agency (Sassa) has announced the payment schedule for its first social grants of 2026, urging beneficiaries to remain calm and avoid rushing to payment points …
- BusinessEconomyEnergyManufacturingOil & GasUncategorized
Dangote Refinery Says Operations Ongoing, PMS Supply Stable
Dangote Petroleum Refinery has firmly dismissed reports claiming that it has shut down operations for maintenance, describing the information as false, misleading, and capable of causing unnecessary panic in the …
- BusinessCapital MarketEconomyFinancial ServicesINVESTMENT
NGX Posts Sharp Rise in Share Transactions
by Radarr Adminby Radarr AdminNigerian Exchange (NGX) Limited recorded a strong increase in trading activities last week, as investor participation rose sharply following the resumption of normal market sessions after the festive holidays. The …
- African AffairsEconomyGovernanceInfrastructurePoliticsSecuritySouth Africa
South Africa’s Economy Shows Signs of Recovery, Says Ramaphosa
by Radarr Adminby Radarr AdminPresident Cyril Ramaphosa has sent a hopeful message to South Africans as the country steps into January 2026, expressing confidence that the nation and its economy are moving in a …
- EconomyEnergyGovernment PolicyNational BudgetOil & GasPublic Finance
Nigeria Misses Oil Revenue Target by Over 63% Despite Higher Crude
The Federal Government earned far less than expected from crude oil in the first half of 2025, even though crude oil production improved slightly during the period. According to the …
- BusinessConsumer ProtectionEconomyEnergyNigeriaOil & GasPetroleum
Dangote Refinery Launches Hotline to Check Overpricing of Petrol at MRS Stations
Dangote Petroleum Refinery has announced the launch of a dedicated nationwide hotline for Nigerians to report any MRS Oil Nigeria Plc filling station selling Premium Motor Spirit, also known as …