The luxury real estate market in Lagos State is fast becoming a top destination for investors, as the latest State of Lagos Housing Market Report (Vol. 3) reveals average rental …
Infrastructure
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EconomyInfrastructureINVESTMENTNigeriaReal Estate
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EconomyEnergyInfrastructureNatural ResourcesOil & Gas
NNPC Limited Records N4.571tn Revenue in June 2025, Boosted by Crude Oil and Gas Production Growth
The Nigerian National Petroleum Company Limited (NNPC Limited) has reported a total revenue of N4.571 trillion for the month of June 2025, maintaining its upward revenue trajectory amid steady increases …
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EconomyELECTRICITYEnergyGOVERNMENTInfrastructure
States Move to Slash Electricity Tariffs Despite Gencos,
More Nigerian states have joined Enugu State in announcing plans to reduce electricity tariffs within their territories following the new order issued by the Enugu Electricity Regulatory Commission (EERC) that …
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BusinessEconomyFinance & ServicesInfrastructureINVESTMENTMarkets
Craneburg EKSG Motorway Company Lists N32.5bn 20-Year Infrastructure Bond
Craneburg EKSG Motorway Company Plc has officially listed its N32.5 billion, 20-year, 22 per cent senior guaranteed fixed-rate infrastructure bond on the Nigerian Exchange Limited (NGX). The bond was admitted …
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BusinessEconomyEnergyInfrastructureINVESTMENTTrade and Commerce
UK Businesses Eye Nigeria, Africa for Strategic Growth Amid Mineral Wealth, Reforms
British businesses are showing growing interest in Nigeria and other African countries as the continent becomes a key target for international investments. This development is driven by Africa’s vast mineral …
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BusinessDevelopmentFinance & ServicesInfrastructureReal Estate
FCMB, TotalEnergies Cooperative Partner to Develop $150m Louisville Project in Eko Atlantic City
First City Monument Bank (FCMB) has partnered with TotalEnergies Staff Housing Cooperative Multipurpose Society Ltd (TEHC) to finance the development of Louisville Phase 1, a premium residential tower within the …
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EconomyGOVERNMENTInfrastructureTransportation & Logisitics
FG Orders 30-Day Emergency Repair of Damaged Keffi Flyover
The Federal Government has ordered a 30-day emergency repair on the damaged Keffi flyover in Nasarawa State, following the recent accident involving an overloaded truck that struck and weakened the …
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AfricaBusinessDevelopmentEconomyEthiopiaInfrastructure
New Development Bank Offers Fairer Option for Developing Nations
The Brazilian Ambassador to Ethiopia, Mr. Jamdyr Ferreira Santos, has praised the New Development Bank (NDB) as a strong and fair alternative to traditional global lenders. He said the bank …
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AgricultureEconomyInfrastructurePoliticsWestern Africa
Mahama Promises Ghana Cocoa Farmers 70% of Global Price from 2025
President John Dramani Mahama has assured Ghanaian cocoa farmers that they will receive at least 70 percent of the world market price for their cocoa beans starting from the next …
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EconomyGOVERNMENTInfrastructureSouth Africa
Court Orders Municipality to Pay R7.5m for Power Repairs
The Mahikeng High Court in South Africa has ordered Ditsobotla Local Municipality to pay over R7.5 million to Kwende Construction CC for emergency electricity repairs carried out in December 2023. …