Business

The International Monetary Fund (IMF) has cautioned that Nigeria’s 2025 federal budget needs significant revision due to falling oil prices and structural constraints. In its recent…
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Every transfer window brings excitement. News breaks of young African footballers joining European clubs, their faces beam with pride in social media unveilings, and local fans rejoice.…
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Retail petrol prices have surged sharply in key urban markets across Nigeria. Several service stations under the Nigerian National Petroleum Company Limited (NNPCL) in Abuja and Lagos…
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Ouagadougou, Burkina Faso — In a decisive move to boost resource sovereignty, Burkina Faso’s military-led government has announced plans to extend the nationalisation of foreign-owned…
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Oil prices jump over 6% after Israel strikes Iran's nuclear and military sites, sparking global market volatility and safe-haven buying. Crude oil prices experienced a dramatic jump…
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Nigeria has embarked on a milestone in its oil industry by exporting the first crude shipment from the Otakikpo onshore terminal—marking a historic first for an indigenous operator in…
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Nigerian President Bola Tinubu has signed an executive order introducing a performance-driven framework for oil sector operators, designed to link tax incentives directly to verifiable…
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Across urban Africa — from Lagos to Accra to Douala — congested roads are choking cities and costing economies billions each year.
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The federal government has clarified that the external borrowing component of the 2025 budget, valued at $1.23 billion, has not yet been accessed and is scheduled for disbursement in…
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Like many sectors on the continent, the real estate sector in Africa is experiencing significant growth. The growth is widely driven by rapid urbanization, infrastructural development,…
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