B-R-E-A-K-I-N-G: Lagos State Becomes Africa’s Second-Largest City Economy As GDP Hits $259B
March 13, 2025 Lagos State has cemented its position as one of Africa’s economic powerhouses, with its Gross Domestic Product (GDP) reaching an impressive $259 billion based on Purchasing Power…
CERAWeek: NNPC Ltd Woos Global Investors
March 12, 2025 …Says Robust Regulatory Reforms Have Transformed Nigeria into Investors’ Haven The Nigerian National Petroleum Company Limited (NNPC Ltd) has called on global investors to direct their attention…
African payments system PAPSS plans to launch FX market platform this year
March 12, 2025 A pan-African payments infrastructure provider designed to facilitate trade on the continent is piloting an African currency market platform to boost commerce across borders in the region,…
Seplat Energy explores partnership with Zinox Technologies
In a strategic move set to enhance its technological capabilities, Seplat Energy, Nigeria’s leading energy supplier, recently visited Zinox Technologies, the country’s foremost indigenous technology company. The visit, aimed at…
AEW 2025 to Showcase Africa’s Growing Energy Momentum, projects $43bn CapEx for 2025
March 12, 2025 Africa’s energy sector continues to show resilience and dynamism, with capital expenditure (CapEx) on oil and gas projects remaining a key driver of growth. According to the…
CERAWEEK: Nigeria will be able to meet OPEC output target, NNPC exec says
March 12, 2025 Nigeria will be able to meet OPEC’s production target, an executive from Nigeria’s state oil company NNPC said on Tuesday. After years of underperforming OPEC quotas, Nigeria…
Perspectives on inflation and CBN initiatives, by Arize Nwobu
The Central Bank of Nigeria( CBN) has been making good efforts and using the necessary monetary tools, especially the Monetary Policy Rate( MPR) to fight inflation and it is anticipated…
Economy: FG unveils economic plan, projects 4.6% GDP growth for 2025
March 11, 2025 The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the Federal Government has unveiled a comprehensive economic plan for sustainable development. Edun…
Nigeria strikes $200 million deal to power rural areas with renewable mini grids
March 10, 2025 Nigeria has agreed to $200 million deal with WeLight, a pan-African Distributed Renewable Energy (DRE) company to deploy hundreds of renewable mini grids, aimed at bringing reliable…
AFC chief pushes to unlock billions from African pension funds
March 10, 2025 The African Finance Corporation said it is accelerating efforts to mobilise the continent’s own money for investments, and tapping investors in the Middle East and Asia, as…