The Nigerian Economic Summit Group (NESG) has said that industrialisation is the key to Nigeria’s economic growth and long-term prosperity. This comes as preparations intensify for the 31st Nigerian Economic …
Economy
- BusinessDevelopmentEconomic PolicyEconomyManufacturingNigeria
- African AffairsAfrican EconomyBusinessDevelopmentEconomyEventsINVESTMENTRwandaSPORTUncategorized
African Union Sports Council, Rwanda to Host Key Sports Policymakers Round table in Kigali, Rwanda.
The African Union Sports Council (AUSC) and the Ministry of Sports of Rwanda have announced a major partnership to co-host the Policymakers Round table during the second edition of the …
- Business and EconomyChina-Africa RelationsCorporate StrategyEconomyEgyptForeign AffairsIndustrial DevelopmentInfrastructureINVESTMENTManufacturing
Egypt, China’s Sailun Group Sign $1 Billion Deal for Tire Factory in Suez Canal Economic Zone
Egypt has entered into a major $1 billion agreement with China’s Sailun Group to build a large automotive tire manufacturing plant in the Suez Canal Economic Zone. The deal, announced …
- Dangote IndustriesEconomyEnergyInfrastructureInnovationNigeriaOil & GasPoliciesTransportation & Logisitics
Dangote Refinery Lowers Petrol Price to ₦820 per Litre
The Dangote Petroleum Refinery has announced a major step to make fuel cheaper and easier to access across Nigeria. From Monday, August 12, 2025, the refinery reduced its ex-depot price …
- EconomyEnergyMarketsNigeriaOil & GasPolicies
Nigeria’s Fuel Import Reliance Rises to 69 Percent in June
Nigeria’s dependence on imported petrol has grown sharply, with fresh data showing that the country sourced 69 percent of its petrol needs from foreign suppliers in June 2025. Figures from …
- Corporate StrategyDevelopmentEconomyEnergyGovernment PolicyIndustrial DevelopmentInfrastructureINVESTMENTNigeriaOil & Gas
New Oil Projects Could Raise Nigeria’s Output by 800,000 Barrels a Day
Nigeria’s oil industry may soon experience a major turnaround, as six new offshore projects are expected to boost the country’s crude oil output by about 800,000 barrels per day (bpd). …
- Eastern AfricaEconomyGovernment PolicyINVESTMENTRegional IntegrationTrade
EAC Urged to Ratify Trade Rules to Boost Regional Business
Trade experts, private sector leaders, and government officials in the East African Community (EAC) have called on member states to urgently ratify changes to the Customs Union rules to speed …
- BankingEconomyFinancial RegulationInternational StandardsNorth Africa
CBL Introduces New Rules for Foreign Currency Deposits
The Central Bank of Libya (CBL) has announced fresh regulations for depositing foreign currency cash into bank accounts, a move the authorities say is aimed at improving transparency, strengthening financial …
- Community DevelopmentCôte d’IvoireEconomyEntrepreneurshipHealthcareWomen Empowerment
Women of Bagoué Honoured at Gbon Women’s Excellence Day
The commune of Gbon, in Côte d’Ivoire’s Bagoué region, came alive on Sunday, August 10, 2025, as the second edition of the Women’s Excellence Day took place. The event, organised …
Mahindra South Africa has taken another big step in its journey in the country with the opening of a new semi-knocked down (SKD) vehicle assembly plant at the Dube TradePort …