The Lagos State Ministry of Environment and Water Resources has announced that starting July 1, 2025, anyone caught dumping refuse illegally, littering streets, or damaging the environment will face strict …
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New Lagos Law: ₦250K Fine or Jail for Environmental Offenders Starting July
The Lagos State Ministry of Environment and Water Resources has announced that, starting from July 1, 2025, anyone found guilty of environmental offences will face a fine of ₦250,000 or …
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EconomyGOVERNMENTMarketsPoliciesSouth Africa
South African Rand Strengthens Ahead of Budget Debate as Economic Signals Improve
The South African rand firmed slightly on Wednesday morning, gaining momentum ahead of a crucial parliamentary debate on the long-awaited national budget. By 07:30 GMT, the rand was trading at …
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Geneith Launches ₦1 Billion Health Competition to Mobilise Nigerian Students in Malaria Fight
In a bold step to tackle malaria, one of Nigeria’s deadliest diseases, Geneith Pharmaceuticals Ltd has launched a groundbreaking ₦1 billion national campaign known as the Geneith Health Competition. The …
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EconomyFinance & ServicesINVESTMENTPoliciesSouth Africa
S&P Says South Africa Needs Better Growth and Discipline to Get Credit Upgrade
South Africa must grow its economy faster and manage its public finances better if it hopes to receive its first credit rating upgrade in over 20 years, according to S&P …
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EconomyGhanaPoliciesWestern Africa
Ghana Inflation Drops to 18.4% in May 2025, Lowest in Over Three Years
Ghana’s inflation rate has continued to fall for the fifth month in a row, with the latest figure standing at 18.4 percent in May 2025. This is the lowest level …
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NDIC Calls for Public Feedback on Global Deposit Insurance Review
The Nigeria Deposit Insurance Corporation (NDIC) has called on financial sector players, regulators, and members of the public to contribute their views on the ongoing review of the Core Principles …
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DevelopmentEnergyEnvironmentInfrastructurePolicies
Experts, Civil Society Push for Legal Reform to Attract Renewable Energy Investment in Cross River
A coalition of civil society organisations and energy experts has called for the establishment of a robust legal and regulatory framework to attract investment into Nigeria’s renewable energy sector, particularly …
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EnergyGOVERNMENTInfrastructureNigeriaPolicies
FG Backs Cost-Reflective Electricity Tariff, Plans Targeted Subsidy for Poor Nigerians
The National Council on Power has agreed to introduce a cost-reflective tariff for electricity in Nigeria. This move is aimed at reducing the N200 billion monthly electricity subsidy being paid …
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EconomyMarketsPoliciesWestern Africa
Ghana’s Inflation Drops to 18.4% in May, Hits Lowest Level Since 2022 Amid Economic Recovery
Ghana’s consumer inflation dropped for the fifth consecutive month in May, falling to its lowest level in over two years as economic pressures ease across the country. The Ghana Statistical …