Africa

Nigeria’s total merchandise trade rose to ₦41.44 trillion in the second quarter of 2026 (Q2 2026), representing a 5.61 per cent increase from the ₦39.24 trillion recorded in the corresponding quarter of 2025, the Nigeria Bureau of Statistics (NBS), has said. The latest trade data released by the NBS, showed…

Dangote Petroleum Refinery has formally signed agreements for its planned Initial Public Offering (IPO), setting the stage for what could become Africa’s largest retail share offering, with Nigerians able to participate with as little as ₦5,250. The IPO will introduce a retail-focused subscription structure designed to give more Nigerians access…

Environmental advocates, waste managers, recycling practitioners and private-sector stakeholders have called for stronger policy enforcement, increased investment, long-term financing, improved infrastructure, technology adoption and behavioural change to unlock Nigeria’s recycling potential and transform waste into economic value. The stakeholders made the call at the 5th Cycling Lagos Webinar, held on…

The Nigerian National Petroleum Company Limited (NNPC Ltd) have sign six strategic agreements with key partners, ranging from Memorandum of Understanding (MoU), Gas Supply Agreement (GSA), and other gas transportation deals, marking a significant milestone in Nigeria’s journey towards industrial revitalisation and enhanced energy security. The agreements, executed on the…

The Nigerian capital market on Monday achieved a historic milestone with the successful transition to a T+1 settlement cycle, becoming the first market in Africa to implement the shortened settlement framework designed to enhance efficiency, reduce risk, and improve global competitiveness. Speaking at the T+1 Settlement Cycle Transition Ceremony in…

The Nigerian Navy has identified technological advancement, cyber security, and local military production as key priorities as the service marks its 70th anniversary amid evolving security threats and growing demands for regional maritime stability. Chief of Policy and Plans at Naval Headquarters, Rear Admiral Akinola Olatunde, stated this on Thursday…

Across Africa, governments are increasingly turning to mobile money as a revenue lever as fiscal pressures intensify and digital transactions become more visible, yet evidence from multiple markets shows a consistent outcome: usage declines, financial inclusion weakens, and the tax base ultimately shrinks. Mobile money has expanded financial access at…

Nigeria, Africa’s leading oil exporter, shipping approximately 2.3 million barrels of oil per day, might miss out in the oil windfall triggered by the ongoing US-Iran war, if oil theft in its creeks is not checked. Recent operations by the Nigerian Navy in the Niger Delta revealed four dug-out pits…

30th January, 2026gThe Nigerian Communications Commission (NCC), in line with its commitment to collaboration and regional integration, has reaffirmed its dedication to strengthening partnerships among telecommunications regulators within the West African sub-region. The Executive Vice Chairman of NCC, Dr. Aminu Maida re-affirmed the commitment when the Commission hosted a high-level…

For decades, Africa’s abundant natural resources have been both a blessing and a curse. From oil in the Niger Delta to today’s lithium, cobalt, and coltan, the continent remains central to global supply chains, yet it often pays a disproportionate price in conflict, environmental degradation, and underdevelopment. While the product…