In a bold move to tackle the nation’s persistent power woes and reduce dependence on fossil fuels, a coalition of Nigerian firms has unveiled a massive $500 million fund targeted …
AfricaAFRICA NEWSEconomyEnergyEnvironmentNigeriaWestern Africa
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Western Africa
- AfricaAFRICA NEWSBusinessBusiness and EconomyEconomyFinance & ServicesMarketsNigeriaWestern Africa
Naira Strengthens, Now Trades at ₦1,530.52/$ at Official Window
In a surprising twist in the foreign exchange market, the Nigerian naira on Tuesday recorded a modest appreciation against the United States dollar, exchanging at ₦1,530.52/$ at the official window. …
- BusinessBusiness and EconomyEconomyEntertainmentNigeriaTechnologyTrending TodayWestern Africa
Online Casino Sector Eyes Africa as Emerging Market Hotspot
Global operators in the online casino industry are beginning to shift their gaze toward emerging markets — and Africa, especially Nigeria, is fast gaining traction as a promising frontier. Experts …
- AFRICA NEWSBusinessBusiness and EconomyEconomyEnergyNigeriaOil & GasUncategorizedWestern Africa
Sale of SPDC, ExxonMobil Assets to Deepen Local Content – Experts
Industry experts have described the ongoing sale of Shell Petroleum Development Company (SPDC) and ExxonMobil assets as a golden opportunity to deepen local content in Nigeria’s oil and gas sector. …
- AfricaAFRICA NEWSAviationBusinessBusiness and EconomyEconomyNigeriaTravel & TourismWestern Africa
Air Peace Shakes Tables, Cuts London Flight Fare by ₦600,000
Nigeria’s leading carrier, Air Peace, has caused a stir in the aviation space after slashing its Lagos-London airfare by a jaw-dropping ₦600,000 — a move that has sent shockwaves through …
- AfricaEconomyEnergyGOVERNMENTNigeriaOil & GasWestern Africa
Rivers Pipeline Explosion Triggers $35.3 Million Daily Losses Amid State of Emergency
Nigeria faces a staggering economic setback following a pipeline explosion in Rivers State, potentially leading to losses exceeding $35.3 million daily. The incident, which significantly hampers oil exports from the …
- AfricaAFRICA NEWSBusiness and EconomyEnergyGOVERNMENTNigeriaOil & GasPoliticsSecurityWestern Africa
Tinubu Declares State of Emergency in Rivers, Suspends Fubara’s Deputy
President Bola Tinubu has officially declared a state of emergency in Rivers State, Nigeria, following escalating political instability and governance challenges in the region. The move comes after mounting tensions …
- AfricaAFRICA NEWSAviationINVESTMENTSierra LeoneWestern Africa
Nigerian Billionaire, Wisdom Kwati, Unveils $5Bn Plan to Transform Sierra Leone’s Real Estate and Aviation Sectors
Nigerian billionaire and CEO of Wisdom Kwati Group, Wisdom Kwati, has proposed a $5 billion investment aimed at driving growth in Sierra Leone’s real estate and aviation sectors. Kwati presented …
- AfricaAFRICA NEWSEnergyNigeriaOil & GasWestern Africa
Compass Survey Ltd Signs Strategic Contract with Seabot Maritime, UK, for Technical Consultancy and Advanced USV Training.
Compass Survey Limited, a company providing survey and positioning services to the Nigerian oil and gas industry, is proud to announce the award of a significant new contract with SeaBot …
- AfricaAFRICA NEWSWestern Africa
Nigeria, Benin Republic sign agreement to enable importers clear cargo from Cotonou port
by Editorby EditorThe Nigerian Customs Service (NCS) says it has entered an agreement with its Benin Republic counterpart to enable importers to clear their goods from the port in Cotonou. Adewale Adeniyi, acting comptroller-general …