Delta State Governor, Sheriff Oborevwori, has promised to take strong steps to stop the frequent disturbances affecting the operations of Seplat Energy Plc in the state. The governor gave this …
Infrastructure
- BusinessDevelopmentEnergyGOVERNMENTInfrastructureOil & Gas
- EconomyEnergyGOVERNMENTInfrastructureKenyaMarkets
Ruto to Privatise Kenya Pipeline Company by September, Eyes Revenue and Market Revival
President William Ruto of Kenya has announced that the Kenya Pipeline Company (KPC) will be listed on the Nairobi Securities Exchange (NSE) in September 2025, marking the first step in …
- EconomyGOVERNMENTInfrastructureInsurance
Reps blame NAICOM for 25 insurance firms financial infractions
The House of Representatives has accused the National Insurance Commission (NAICOM) of failing in its regulatory role, saying the lapse allowed widespread financial infractions by 25 insurance firms operating in …
- AFRICA NEWSEconomyEnergyEnvironmentInfrastructureINVESTMENT
Mozambique Secures $6.4bn World Bank Deal for Mphanda Nkuwa Dam
The World Bank has agreed to finance the construction of the Mphanda Nkuwa hydropower plant in Mozambique. The massive project is valued at US$6.4 billion (about 406.4 billion meticais) and …
- EconomyInfrastructureINVESTMENTNigeriaReal Estate
Luxury Real Estate Booms in Lagos as Market Hits N3.2tn Value, Investors Eye 5.5% Yearly Yields
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 …
- 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 …
- 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 …
- 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 …
- 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 …
- 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 …