Nigeria's food inflation has been on an upward trajectory since August 2019, accelerating further after the…

Nigeria's recent naira devaluation, while negatively impacting production capacity in the manufacturing sector,…

The Nigerian Electricity Regulatory Commission (NERC) has stated that electricity demand in Nigeria is expected to…

The Federal Government of Nigeria has announced plans to commence quarterly assessments of the performance of its…

Nigeria is currently one of the largest mini-grid markets in Africa with over 100 operational mini-electricity…

The Lagos Metropolitan Area Transport Authority (LAMATA) has announced the resumption of passenger operations on…

Private markets investment firm, Adenia Partners, has completed a majority investment in Enfin, a solar financing…

Sony Group Corporation has introduced the "Sony Innovation Fund: Africa" to support the growth of the…

Mediterrania Capital Partners, in collaboration with FMO and IFC, has made a combined equity investment of €57…

The African Export-Import Bank (Afreximbank) and the Export Credit Insurance Corporation of South Africa (ECIC)…

Africa50, a pan-African infrastructure investment platform, has introduced the Africa50 Infrastructure…

The International Monetary Fund (IMF) has addressed the pressure on the Nigerian naira and indicated that Nigeria…

The Absa Africa Financial Markets Index 2023 reports continued progress in developing financial markets across…

Rising power costs are posing a significant challenge to businesses in Nigeria, impacting their operations and…

Despite significant investments in Nigeria's power sector and its privatization in 2013, the country continues to…

Eleven banks in Nigeria collectively witnessed a 50% increase in lending during the first half of 2023, despite…

The Nigerian government aims to achieve a daily oil production rate of 2 million barrels by December 2023. This…

The number of complaints lodged by customers in five Nigerian banks has surged by 117% to reach 6,865,217…

After a nearly two-year endeavor, Microsoft's acquisition of gaming giant Activision has received approval from…

After reaching a settlement with the Federal Trade Commission (FTC), Voyager, a bankrupt cryptocurrency company,…

Sony Group's entertainment division has announced plans to invest $10 million in early-stage entertainment…

FBN Holdings Plc, a Nigerian financial services group, has applied for approval from the Nigerian Exchange…

The Central Bank of Nigeria (CBN) has lifted foreign exchange restrictions on 43 items, allowing importers to…

The Eko Electricity Distribution Company (EKEDC) has announced that customers who paid for meters under the Meter…

The closure of several once-promising startups in the African tech ecosystem, including fintechs Payday and Dash,…

The Central Bank of Nigeria (CBN) has granted approval for the importation of 43 items previously prohibited from…

The Export Expansion Grant (EEG), Nigeria's primary incentive scheme for exporters, has faced challenges including…

Nigeria's crude oil production reached an all-time high of 1.35 million barrels per day in September 2023, marking…

As the December 31, 2023 deadline approaches, insurers are gearing up for the transition from the IFRS4 model to…

Citigroup has recommended that the Central Bank of Nigeria (CBN) should lift restrictions on foreign exchange…