Former U.S. President Donald Trump has once again stirred global trade waters by introducing heavy new tariffs that affect countries across Africa, as part of what he calls his “Liberation …
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AfricaEconomyGOVERNMENTInternational RelationsManufacturingPoliciesTrade and Commerce
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Nigeria’s Minister of State for Finance, Doris Uzoka-Anite, has said that the country’s tough economic reforms are now beginning to show positive signs, and investors who were previously worried are …
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AFRICA NEWSGOVERNMENTINVESTMENTPolicies
Ethiopia Celebrates Diplomatic Milestones, Highlights Gains in Investment, Foreign Relations, and Citizen Welfare
ADDIS ABABA – Ethiopia’s Ministry of Foreign Affairs (MoFA) has announced major diplomatic achievements over the past nine months, describing its performance as a significant step forward in protecting and …
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AgricultureEconomyManufacturingPoliciesTrade and Commerce
Experts Say Nigeria Must Boost Production to Benefit from AfCFTA Tariff Removal
Economic experts have warned that Nigeria must increase local production and industrialisation if it wants to truly benefit from the African Continental Free Trade Area (AfCFTA) agreement, which offers a …
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BusinessDevelopmentEconomyGOVERNMENTPolicies
Nigerian Business and Government Leaders Push for Urgent Action on SDGs
Top leaders from Nigeria’s private sector, development partners, and government have come together to push for faster action to meet the Sustainable Development Goals (SDGs) before the 2030 deadline. The …
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Banking, Finance & InvestmentGOVERNMENTOil & GasPolicies
Fitch: Banks Can Withstand Windfall Tax, Despite Rising Economic Pressures
Global credit rating agency, Fitch Ratings, has expressed confidence in the resilience of Nigerian banks, stating that their strong profitability will cushion the impact of the recently imposed windfall tax …
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EconomyELECTRICITYEnergyGOVERNMENTNigeriaPolicies
Power Minister Says FG Will Pay N2tn Out of N4tn Debt to Gencos Before 2025 Ends
The Minister of Power, Adebayo Adelabu, has said the Federal Government plans to pay N2 trillion out of the N4 trillion it is owing to electricity generation companies (Gencos) before …
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BuildingDevelopmentEnvironmentInfrastructureNigeriaPolicies
Builders Council Chairman Laments Lack of Standards in Nigeria’s Facility Management Sector
The Chairman of the Council of Registered Builders of Nigeria (CORBON), Samson Opaluwah, has raised alarm over the gaps in policy, skills, and standardisation currently plaguing Nigeria’s facility management sector. …
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EconomyEnergyGOVERNMENTOil & GasPolicies
FG Slashes Gas Price for Power Companies as ₦4.7tn Debt Threatens Electricity Supply
The Federal Government has reduced the price of natural gas supplied to power generation companies in a move to ease the financial burden affecting the electricity sector. This new pricing …
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BusinessBusiness InsightsDevelopmentEconomyGOVERNMENTPoliciesTransportation & Logisitics
NPA Boss Urges Traders to Tap into Simplified Export Processes
The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has called on Nigerian traders, exporters, and entrepreneurs to take advantage of the newly simplified export processes put …