The Deputy Speaker of the House of Representatives, Benjamin Kalu, has said that Nigeria’s petroleum sector has attracted about $16 billion in investment since the signing of the Petroleum Industry …
Economy
- BusinessEconomyEnergyOil & GasPolitics
- Banking, Finance & InvestmentBusinessEconomy
Nigerian Stock Market Crosses N80trn Mark as Mid-Low Cap Stocks Drive Gains
The Nigerian stock market crossed a major milestone, as the market capitalization hit a new high of N80.144 trillion, showing strong investor confidence, especially in mid- and low-cap stocks. This …
- BusinessEconomyEnergyInfrastructure
Dangote Seeks Approval to Build Nigeria’s Deepest Seaport in Ogun
Africa’s richest man, Alhaji Aliko Dangote, has applied to the Nigerian government to begin construction of a new Atlantic seaport in Olokola, Ogun State. The proposed port is expected to …
- Banking, Finance & InvestmentBusinessBusiness InsightsEconomy
Ecobank Repays Half of $300m Eurobond Early, Shows Strong Financial Resilience
Ecobank Nigeria has proven its financial strength and improved liquidity position by repaying 50% of its $300 million Eurobond nearly seven months ahead of the scheduled maturity in February 2026. …
- Eastern AfricaEconomyEnergyInfrastructureINVESTMENTOil & Gas
Uganda Targets 2026 for First Oil Exports as EACOP Nears Final Stretch
Uganda’s long-awaited journey to become a crude oil exporter is now on a fast track, as the East African Crude Oil Pipeline (EACOP) enters its final year of construction. The …
Morocco is preparing to boost its wheat imports and storage reserves in the coming months as global prices for grains, especially soft wheat, continue to decline. This move is aimed …
- DevelopmentEconomyEnergyFinance & ServicesInternational Relations
China, Egypt Deepen BRICS Ties with New Trade and Financial Agreements
As China and Egypt, now fellow BRICS members, prepare to celebrate 70 years of diplomatic relations in 2026, both countries are strengthening their economic and political cooperation through major agreements …
- AFRICA NEWSBanking, Finance & InvestmentEconomyGhana
Standard Chartered Ghana Declares GH¢227.94m Dividend Amid Focus on Long-Term Growth
Standard Chartered Bank Ghana PLC has declared a total dividend payout of GH¢227.94 million to its shareholders, following the release of its financial report for the year ended December 31, …
- AgricultureDevelopmentEconomyGOVERNMENTInfrastructureINVESTMENT
MiDA Partners IFC to Attract Big Investment into Ghana’s Agric Sector
The Millennium Development Authority (MiDA) is working closely with the International Finance Corporation (IFC) to attract massive investment into Ghana’s agricultural sector. This collaboration is expected to boost agribusiness development …
- Banking, Finance & InvestmentDevelopmentEconomyGOVERNMENTInfrastructure
Libya’s Central Bank Urges Banks to Support Revival of Abandoned Housing Projects
The Central Bank of Libya (CBL) has made a strong appeal to the country’s banks and financial institutions to take the lead in reviving long-abandoned housing projects and supporting urban …