Top energy industry stakeholders from around the world are expected to converge in Abuja from June 29 to July 3, 2025, for the 24th NOG Energy Week, which is regarded …
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NASENI Backs Tinubu’s “Nigeria First Policy,” Calls It a Game-Changer for Local Manufacturing
The National Agency for Science and Engineering Infrastructure (NASENI) has declared its full support for President Bola Tinubu’s “Nigeria First Policy,” describing it as a transformative step toward revitalising the …
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BusinessBusiness InsightsBusiness PoliciesEconomyGOVERNMENTNigeriaPoliciesTransportation & LogisiticsWestern Africa
NIMASA Confirms 8-Year Loan Tenure, Single-Digit Interest for Cabotage Vessel Financing Fund
The Nigerian Maritime Administration and Safety Agency (NIMASA) has confirmed that the long-awaited Cabotage Vessel Financing Fund (CVFF) will be disbursed under an eight-year repayment plan with a single-digit interest …
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EconomyEnergyGOVERNMENTInfrastructureNigeriaPolicies
FG Launches Reform Plan, Deploys Special Teams to Underperforming Discos
The Federal Government has begun a pilot programme to restructure underperforming electricity distribution companies (Discos) in a bid to overhaul Nigeria’s struggling power distribution sector. This marks the most decisive …
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Banking, Finance & InvestmentEconomyInternational RelationsMarketsPoliciesTrade and Commerce
CBN Tightens Forex Rules as Naira Faces Pressure, Speculators Struggle
The Central Bank of Nigeria (CBN) is now taking tougher actions in the foreign exchange market, aiming to stop speculators and bring more stability to the naira. These fresh efforts …
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Coronation Capital, Trium Back Africa’s Growth with AVCA 2025 Sponsorship
Coronation Capital Limited and Trium, both subsidiaries of Coronation Group Limited, have reaffirmed their commitment to Africa’s economic development by sponsoring the 2025 African Private Capital Association (AVCA) conference. The …
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EconomyEnergyGOVERNMENTInternational RelationsNigeriaPoliciesWestern Africa
Nigeria Records Fastest Economic Growth in 10 Years, Says World Bank, But Inflation Still a Big Problem
The World Bank has revealed that Nigeria’s economy grew at its fastest rate in almost 10 years in 2024, driven by strong performance in the fourth quarter and better management …
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Eastern AfricaEconomyFinance & ServicesGOVERNMENTInternational RelationsKenyaPolicies
Kenya Moves to Cut Budget Deficit, Eyes Fresh IMF Talks Amid Economic Pressure
The Kenyan government has announced that it will reduce its fiscal deficit to 4.5 percent of its Gross Domestic Product (GDP) for the 2025/2026 financial year. This is a step …
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African Union Launches New $100 Billion Agricultural Plan to Tackle Food Insecurity Across Africa
The African Union (AU) has unveiled a fresh agricultural strategy known as the Comprehensive African Agricultural Development Programme (CAADP) Strategy and Action Plan 2026–2035. The new plan, launched during a …
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AgribusinessAgricultureBusiness InsightsBusiness PoliciesEconomyInfrastructureInternational RelationsPoliciesSouth AfricaTANZANIATrade and Commerce
Tanzania and Malawi End Trade War After Retaliation Threats and Regional Pressure
Tanzania and Malawi have finally agreed to end their trade dispute following weeks of escalating tensions and reciprocal import restrictions. The two countries, joined by South Africa which was also …