Absa Group has become the first African bank to offer institutional digital asset custody, marking a major step into the continent’s growing cryptocurrency and blockchain market. The Johannesburg-based lender is …
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The Federal Government has declared Thursday, October 1, 2026, a public holiday to mark Nigeria’s 66th Independence Anniversary. The Minister of Interior, Olubunmi Tunji-Ojo, announced the declaration on behalf of …
Nigeria’s plans to use its abundant natural gas resources to drive industrial growth and improve energy supply are facing major challenges, particularly limited infrastructure and insufficient investment. Although the country …
Nigeria’s equity market lost ₦468.63 billion in market value on Tuesday as profit-taking and selling pressure across banking, industrial and consumer goods stocks pushed the market lower. Market capitalisation fell …
Former Vice President Atiku Abubakar is positioning his 2027 presidential campaign around economic relief, opposition cooperation and northern political mobilisation, while describing the election as his final attempt at the …
- Africa EconomyBusiness and EconomyEconomyOil & GasUncategorized
Rising Oil Prices Put Africa’s Inflation Gains at Risk
Africa’s recent progress in bringing down inflation is facing renewed pressure as global oil prices climb, raising concerns that higher energy and transport costs could reverse some of the gains …
Nigeria’s pension assets increased by N289.4 billion in August 2026, reaching N31.80 trillion as the industry continued its recovery after a decline recorded in June. Data from the National Pension …
Nigeria is turning to distributed renewable energy as it seeks to tackle one of its biggest infrastructure challenges: providing reliable electricity to millions of people who remain underserved by the …
Nigeria and the United States have signed a new agreement aimed at “deepen[ing] American investment” in Nigeria’s mining sector, as both countries seek to expand cooperation in the development of …
- BusinessBusiness & MarketsBusiness and EconomyBusiness GrowthUncategorized
Dangote Backs $660m Ethiopia-Djibouti Pipeline
Nigerian billionaire Aliko Dangote is supporting the development of a $660 million refined petroleum products pipeline linking Ethiopia and Djibouti, a project aimed at improving fuel supply and reducing transport …