Kenya’s Standard Gauge Railway (SGR), one of East Africa’s major transport investments, is seeing a major shift in usage. While passenger numbers have continued to fall for the third year …
Policies
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EconomyInfrastructurePoliciesTransportation & LogisiticsWestern Africa
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Togo has emerged as the top performer in public debt management within the West African Economic and Monetary Union (WAEMU) in the first half of 2025, recording the sharpest decline …
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AgricultureBusinessDevelopmentEconomyInsurancePolicies
Lasaco Assurance Unveils New Insurance Scheme for Farmers
Lasaco Assurance Plc has introduced a new insurance product designed to protect Nigerian farmers and agricultural cooperatives against risks in the agriculture sector. The company presented its Cooperative Insurance Scheme …
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The World Bank has issued a stern warning about the rapid rise of extreme poverty in Nigeria, saying the country is now one of 39 economies where conflict and instability …
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BusinessEconomyGOVERNMENTInternational RelationsPolicies
Nigeria, Netherlands Begin Talks to Review Double Taxation Deal in Line with New Tax Laws
The Federal Inland Revenue Service (FIRS) has officially started discussions with the Kingdom of the Netherlands to renegotiate the existing Double Taxation Agreement (DTA) between the two countries. The fresh …
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BusinessDevelopmentGOVERNMENTNigeriaPoliciesReal Estate
Lagos Declares Real Estate Practice Without LASRERA Registration Illegal
The Lagos State Government has declared it illegal for anyone to operate in the real estate sector without proper registration with the Lagos State Real Estate Regulatory Authority (LASRERA). The …
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The Manufacturers Association of Nigeria (MAN) has endorsed the Ogun State Government’s approach to plastic waste management, describing its ‘Blue Box’ and ‘Plastics for Cash’ initiatives as forward-thinking and economically …
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DevelopmentEconomyEnergyEnvironmentGOVERNMENTNigeriaOil & GasPolicies
NUPRC Generates N28.11bn from Oil Licence Fees in Five Months
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has generated a total of N28.11 billion in miscellaneous oil revenue between January and May 2025. This amount, which was fully remitted to …
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Banking, Finance & InvestmentEconomyFinance & ServicesKenyaPolicies
Kenyan Banks Cut Lending Rates as Central Bank Eases Monetary Policy
Commercial banks in Kenya are reducing their lending rates, following recent moves by the Central Bank of Kenya (CBK) to ease its monetary policy in an effort to boost private …
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Banking, Finance & InvestmentEconomyFinance & ServicesINVESTMENTNigeriaPolicies
Foreign Investor Backs Nigeria’s Economic Reforms as IMF, CBN Hail Progress
Veteran Asia-Pacific investor and founder of the Research Alpha fund, Michael McGaughy, has praised the economic reforms introduced by the Central Bank of Nigeria and President Bola Tinubu’s administration, describing …