Senate President Godswill Akpabio has joined other key stakeholders to call on African countries to stop the practice of exporting raw materials without adding value. They said Africa must move …
Energy
- AgricultureBusinessEconomyEnergyInternational RelationsINVESTMENTNigeriaPoliciesTrade and Commerce
- AgricultureBusinessEconomyEnergyGhanaInternational RelationsINVESTMENTTechnologyTrade and CommerceWestern Africa
Ghana Strengthens Trade and Investment Ties with UAE to Boost Economy
Ghana is making strong moves to grow its trade and investment relationship with the United Arab Emirates (UAE), as part of efforts to expand its economy and attract more foreign …
- BusinessBusiness InsightsEconomyEnergyGOVERNMENTInfrastructureNigeria
Poor Electricity Supply Forces Small Business Owners in Abuja to Shut Down
Small business owners in various parts of the Federal Capital Territory (FCT), including Kubwa, Kuje, Gwagwalada, and Aco Estate, are crying out over poor electricity supply, saying it is killing …
- BusinessDevelopmentEconomyELECTRICITYEnergyFinance & ServicesGOVERNMENTInfrastructurePolitics
Senate Raises Alarm as FG Owes Power Firms N800bn, Sector Faces Major Crisis
The Nigerian Senate Committee on Power has cried out over the growing financial crisis facing the country’s power sector, revealing that the Federal Government currently owes electricity generating companies (GenCos) …
- AfricaAFRICA NEWSEconomyEnergyEnvironmentGOVERNMENTInfrastructureInternational RelationsINVESTMENTNatural Resources
Experts Call for Bold Energy Decisions to Unlock Africa’s Gas and Renewable Potential
Energy leaders and policymakers at a recent high-level forum have called on African governments to make urgent and strategic decisions that can unlock the continent’s huge natural gas and renewable …
- Banking, Finance & InvestmentFinance & ServicesInsuranceINVESTMENTManufacturing & Consumer GoodsMarketsNigeriaOil & Gas
Nigerian Stock Market Starts Week With N8bn Dip Despite Higher Trading Volume
The Nigerian Stock Exchange (NGX) opened the new trading week on a slightly negative note, shedding ₦8 billion in market value on Monday, May 20, 2025, despite improvements in trading …
- EconomyEnergyINVESTMENTManufacturingManufacturing & Consumer GoodsMarketsNigeria
Nigeria’s Brewery Sector Records N1.9tn Revenue in 2024, Signals Recovery Despite High Costs – Afrinvest
Nigeria’s brewery industry bounced back in 2024 with a remarkable 71.8 per cent year-on-year rise in revenue, hitting ₦1.9 trillion. This performance exceeded the earlier forecast of 39.2 per cent …
- AfricaBusinessEconomyEnergyFinance & ServicesNigeriaTechnologyWestern Africa
Baobab Group Sells Majority Stake in Baobab+ to US-Based BioLite
Baobab Group has completed the sale of its majority stake in Baobab+ to BioLite, a renewable energy social enterprise based in the United States. The move marks a significant shift …
- BusinessBusiness InsightsEconomyEnergyFinance & ServicesMarketsNigeriaOil & Gas
TotalEnergies Declares N13.58bn Dividend Amid Shareholders’ Demand for Bonus Shares
otalEnergies Marketing Nigeria Plc has announced a total dividend payout of N13.58 billion for the 2024 financial year, even as shareholders continue to press the board to issue bonus shares—a …
- BusinessBusiness InsightsDangote IndustriesEconomyEnergyGOVERNMENTInfrastructureNigeriaOil & GasTrade and Commerce
DAPPMAN Says Dangote Refinery is Only Viable Option for Petrol Supply
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has said its members can only rely on the Dangote Petroleum Refinery for Premium Motor Spirit (PMS), also known as …