Leo Stan Ekeh @ 70: A life of innovation and nation-building, by Funmilola Gboteku
In 2001, he took an even bolder step by founding Zinox Technologies, one of the first indigenous computer brands in West Africa. Zinox not only assembled computers but ensured quality…
Farmers excited over World Bank $500m loan, seek proper implementation
Farmers in Lagos State have expressed joy over the World Bank proposed $500 million loan to the Nigerian agriculture sector, while calling for appropriate implementation. The agriculture experts made the…
African nations turn to multilateral lenders for diversification – S&P says
African governments will lean more on multilateral lenders and reform momentum in 2026 even as debt distress risks remain elevated across the continent, S&P Global Ratings’ head of national ratings…
12 ships laden with various commodities arrive Lagos ports
The Nigerian Ports Authority (NPA) said at least 12 ships have arrived at the Lekki, Tin Can, and Apapa ports in Lagos and are awaiting discharge of petrol, fertilizer, urea,…
Sustained inflation decline informed MPR reduction to 26.50% — Cardoso
The Central Bank of Nigeria (CBN) says its decision to reduce the Monetary Policy Rate (MPR) by 50 basis points was partly informed by sustained deceleration in year-on-year inflation. The…
20 Banks ready for recapitalisation, meet new minimum capital requirements – CBN
The Central Bank of Nigeria (CBN) says 20 Nigerian Banks have already met the new minimum capital requirement in the ongoing bank recapitalisation exercise. The Governor of the CBN, Mr….
Nigeria to start exporting new crude grade in March
Nigeria’s state oil firm NNPC will begin exporting a new light, sweet crude grade called Cawthorne from March, an NNPC spokesperson said, adding to a recent recovery in output from…
B-r-e-a-k-i-n-g: CBN reduces interest rate to 26.50 % from 27%
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has reduced the Monetary Policy Rate (MPR) by 50 basis points to 26.50 per cent from 27 per cent, the CBN…
Kaduna ginger producing communities unite to tackle child labour
The Christian Rural and Urban Development Association of Nigeria (CRUDAN) has intensified efforts to eradicate child labour in the ginger supply chain in Southern Kaduna. The association has also urged…
Africa’s $29.5trn Mineral Wealth Poised to Boost Mining Sector Jobs
Africa’s mining sector maintains its role as a key contributor of employment creation, fuelled by rising global demand for critical minerals. According to the Compendium of Africa’s Strategic Minerals 2026,…