Africa’s richest man, Aliko Dangote, has signed a $2.5 billion agreement with the Ethiopian government to establish a large-scale fertilizer plant aimed at transforming the country’s...
President Bola Tinubu has confirmed that Petrobras, Brazil’s state-owned energy company, will resume operations in Nigeria after a five-year absence. Speaking during his State Visit to...
Nigeria emerged as West Africa’s leading intra-African trading country in 2024, with trade volumes reaching approximately $18.4 billion, according to the newly launched 2025 African Trade...
President Bola Tinubu is set to speak at the 2025 African Energy Week scheduled for September in Cape Town, South Africa. Themed “Invest in African Energies,”...
Moniepoint Inc. has received regulatory approval from the Competition Authority of Kenya (CAK) to acquire a 78% stake in Sumac Microfinance Bank Limited, marking the Nigerian...
Nigeria can learn valuable lessons from Malaysia and Colombia, two countries that have successfully transformed their palm oil and coffee export industries into global powerhouses. Experts...
Nigerian oil prices have come under pressure amid indications that Iran is open to reviving a nuclear deal with the United States, a move that could...
Nigerian oil firm Aiteo Eastern E&P Company Limited has entered into a partnership with Mozambique’s state-owned petroleum company, PETROMOC, to build a large-scale refinery in the...
Nigeria and Ghana are making diplomatic moves to resolve a long-standing gas supply debt estimated at $75 million. During a recent visit to Accra, Nigeria’s Minister...
Nigeria and Brazil have revived their Bilateral Air Service Agreement (BASA), aiming to establish direct flight connections between the two nations. The agreement, which had been...