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 …
Infrastructure
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Arts & CultureBankingEconomyGOVERNMENTInfrastructureTravel & Tourism
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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 …
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BusinessEconomyEnergyInfrastructureOil & GasTrade
Nigeria’s Petrol Import Falls to Eight-Year Low Amid Refining Reforms
Nigeria’s importation of Premium Motor Spirit, popularly known as petrol, has fallen to its lowest level in eight years as local refining capacity and government reforms continue to reshape the …
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Eastern AfricaEconomyInfrastructureINVESTMENTTradeTransport
Rwanda Bets on Lake Kivu Transport Projects to Boost Trade and Regional Connectivity
Rwanda is moving to strengthen its position as a logistics hub in East Africa by investing heavily in transport projects along Lake Kivu. The projects, which include the construction of …
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BusinessEconomyInfrastructureManufacturingPoliciesTrade
Nigeria’s Manufacturing Sector Faces Further Decline Amid Port Inefficiencies
Nigeria’s manufacturing sector has continued to experience slow growth, with fresh figures from the National Bureau of Statistics (NBS) showing that the sector declined further in the second quarter of …
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Digital EconomyEconomyFintechForeign AffairsGovernanceInfrastructureINVESTMENTSocial Development
Who really Owns Nigeria’s Digital Economy – The People or the Platforms?
The air in Lagos is thick with the buzz of digital activity. From the mama put accepting transfers via a fintech QR code to the dispatch rider navigating traffic with …
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EconomyGOVERNMENTInfrastructurePublic SafetyTransportation
NSIB Blames Poor Infrastructure for Abuja-Kaduna Train Derailment
The Nigerian Safety Investigation Bureau (NSIB) has identified poor infrastructure maintenance and operational lapses as the major causes of the Abuja-Kaduna train derailment that happened on August 26, 2025. The …