President Bola Ahmed Tinubu has started major reforms in Nigeria’s oil sector, as the country continues to face serious problems like low oil production, poor financial records, and mismanagement. The …
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Nigeria’s inflation rate has gone up again, according to new data released by the National Bureau of Statistics (NBS). The annual inflation rate stood at 24.23% in March 2025, rising …
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Nigeria cuts electricity subsidies by 35% after tariff hike
The Federal Government says it has successfully reduced electricity subsidies by 35% following a new electricity tariff hike that was introduced last year for high-power consumers. Nigeria’s Minister of Power, …
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Trump slaps tariffs on Africa as he hails ‘Liberation Day’
Former U.S. President Donald Trump has once again stirred global trade waters by introducing heavy new tariffs that affect countries across Africa, as part of what he calls his “Liberation …
Nigeria’s Minister of State for Finance, Doris Uzoka-Anite, has said that the country’s tough economic reforms are now beginning to show positive signs, and investors who were previously worried are …
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Ethiopia Celebrates Diplomatic Milestones, Highlights Gains in Investment, Foreign Relations, and Citizen Welfare
ADDIS ABABA – Ethiopia’s Ministry of Foreign Affairs (MoFA) has announced major diplomatic achievements over the past nine months, describing its performance as a significant step forward in protecting and …
- BusinessFinance & ServicesGOVERNMENTMarketsNigeria
NGX Group Honours Retired Directors for Contributions to Nigerian Capital Market
The Nigerian Exchange Group (NGX Group) has honoured its retired directors for their leadership and contributions to the growth and transformation of Nigeria’s capital market over the years. The recognition …
- Banking, Finance & InvestmentEconomyGOVERNMENTInternational Relations
Cardoso Talks Nigeria’s Economy with US Economist, Promises CBN Will Not Go Back on Reforms
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said that the bank will remain focused on transparency, stability, and reforms that will restore trust in …
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Dangote Cement Wins Platinum at Corporate Reporting Awards
Reporting Award for 2023, with MTN Nigeria taking the gold and Seplat Energy emerging as the runner-up. The award ceremony, held on Tuesday at the Nigerian Exchange (NGX), was organized …
- BusinessBusiness InsightsEconomyGOVERNMENTNigeria
Nigerian Firms Urged to Embed Risk Management to Attract Sustainable Investment
Corporate executives and experts have called on Nigerian businesses to integrate Enterprise Risk Management (ERM) into their strategic frameworks, warning that poor risk culture and unstable regulatory policies are threatening …