The World Bank has said that access to affordable and reliable electricity is vital to unlocking Africa’s potential for job creation, industrial growth, and poverty reduction. In a new blog …
Infrastructure
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AfricaDevelopmentEconomyEmploymentEnergyInfrastructure
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Corporate EarningsEnergyInfrastructureINVESTMENTNigeriaOil & Gas
Shell Approves $2 Billion HI Gas Project to Boost Nigeria’s LNG Exports and Energy Supply
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a Final Investment Decision (FID) on the $2 billion HI gas project offshore Nigeria. The …
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BusinessEconomyGlobal DevelopmentInfrastructureINVESTMENTTechnology
Google to Invest $15 Billion in Building Massive AI Hub in Southern India
Google has announced a major $15 billion investment plan to build a new data centre hub dedicated to artificial intelligence (AI) development in southern India. The project, which will be …
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Digital EconomyEconomyGovernanceInfrastructureSecurityTelecommunications
Telecom Firms Report 3,200 Equipment Thefts, 19,000 Fibre Cuts in 2025 – NCC
Nigeria’s telecommunications operators have recorded over 3,200 cases of equipment theft between January and August 2025, further compounding the operational challenges slowing down broadband expansion across the country. According to …
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DevelopmentEconomyGOVERNMENTInfrastructureTransportation
FG Extends Keffi–Nasarawa–Toto Road Project to Abaji for Better Connectivity
The Federal Government has approved the extension of the ongoing Keffi–Nasarawa–Toto Road project to Abaji in the Federal Capital Territory, bringing the total length of the corridor to 199 kilometres. …
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Arts & CultureBankingEconomyGOVERNMENTInfrastructureTravel & Tourism
CBN, Bankers’ Committee Reopen Renovated National Theatre
Nigeria on Wednesday, October 1, 2025, officially reopened the newly renovated National Arts Theatre in Iganmu, Lagos, now renamed the Wole Soyinka Centre for Culture & Creative Arts, after a …
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Corporate EarningsEastern AfricaELECTRICITYEnergyFinanceInfrastructure
Kenya Power Reports 18.7% Profit Drop as Forex Gains Fade and Tariff Adjustments Ease
Kenya Power and Lighting Company (KPLC) has reported a sharp 18.7 per cent decline in its net profit for the financial year ended June 2025, falling to KSh 24.47 billion …
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EnvironmentHousingInfrastructureRegulationSafetyUrban Development
BCPG raises alarm over poor soil testing in Lagos coastal areas
The Building Collapse Prevention Guild (BCPG), Iru–Victoria Island Cell, has raised concern over the increasing number of substandard soil investigations being conducted across the Lagos coastal region, warning that the …
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BusinessEconomyEnergyInfrastructureLabourOil & Gas
NNPC Blames Temporary Gas Price Hike on PENGASSAN Strike Disruption
by Omolaraby OmolaraThe Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mr. Bayo Ojulari, has attributed the recent increase in cooking gas prices across the country to …
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The Chairman of Global Infrastructure Partners (GIP), Adebayo Ogunlesi, has expressed strong confidence in President Bola Ahmed Tinubu’s ongoing economic reforms, describing them as a solid foundation for renewed international …