Nigeria has spent about N804.10 billion on arms and ammunition imports between 2020 and the second quarter of 2025, according to new data released by the National Bureau of Statistics …
Government Policy
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EconomyGovernment PolicyManufacturingSecurityTrade
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African EconomyDevelopmentEconomic DevelopmentEntrepreneurshipGlobal DevelopmentGovernment PolicyIndustrial DevelopmentInnovationTechnology
The Rise Of Local Manufacturing In Nigeria : Can we Finally Compete Globally?
The hum of machines and the clatter of production lines are no longer confined to industrial hubs in Europe or Asia. Across Nigeria, local manufacturers are quietly ramping up operations, …
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BusinessEconomyGovernment PolicyInflationManufacturingRegulationTrade
Manufacturers Oppose FG’s Plan to Introduce Tax Stamp System on Excisable Products
The Manufacturers Association of Nigeria (MAN) has cautioned the Federal Government against the planned introduction of a Tax Stamp System on excisable products, warning that the policy would worsen inflation, …
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Capital MarketCryptocurrencyFinanceFintechGlobal DevelopmentGovernment PolicyInternational
UK, US Launch Transatlantic Taskforce to Boost Capital Market Access and Crypto Regulation
The governments of the United Kingdom and the United States have set up a new body to reduce barriers for companies trying to raise funds in both countries’ capital markets …
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DevelopmentEconomyGhanaGovernment PolicyInfrastructureMaritime
Ghana to Begin Feasibility Studies for Coastal Water Transport System
The Government of Ghana will soon begin feasibility studies for the development of a Coastal Water Transport System as part of plans to complement the country’s road transport network. The …
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AgricultureEconomyFood SafetyGovernment PolicyNewsNigeriaRural Development
FG Unveils New Agric Investment Incentives, Targets 21m Jobs
The Federal Government has announced fresh agricultural investment incentives that it said could create 21 million jobs across the country. The new measures were unveiled on Tuesday as part of …
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EconomyGhanaGovernment PolicyInfrastructureTransportWestern Africa
Mahama Flags Off Redevelopment of Atimpoku–Aflao Road Under $10bn Big Push Project
Former President of Ghana, John Dramani Mahama, has officially broken ground for the redevelopment of the Atimpoku to Aflao road as part of the Big Push Project, a $10 billion …
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Climate ChangeEconomyEnergyEnvironmentGovernment PolicyInternationalNews
Rising Oceans and Heat Illness to Threaten Over a Million Australians by 2050, Report Warns
Australia is facing serious threats from climate change as rising oceans, flooding, and extreme heat are expected to endanger homes, lives, and livelihoods across the country in the coming decades. …
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EconomyGovernment PolicyNigeriaOil & GasTrade
Nigeria Loses N3.18tn in Crude Oil Export Earnings Despite Higher Output
Nigeria’s crude oil export earnings dropped sharply by N3.18 trillion in the first half of 2025 despite a rise in production levels, new data from the National Bureau of Statistics …
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BankingBusinessEastern AfricaFinanceGovernment PolicyInfrastructure
Kenya, UBA Seal $150m Deal to Revive Stalled Road Projects
he Government of Kenya has signed a US$150 million (KSh16.38 billion) financing agreement with United Bank for Africa (UBA) as part of a landmark US$1.35 billion (KSh175 billion) programme aimed …