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Dangote retains Africa’s Most Admired Indigenous Brand award
Ziggy Ojiegbe Dangote Industries Limited has reinforced its status as one of Africa’s most influential corporate brands after emerging as Africa’s Most Admired African Brand for the eighth consecutive year. The recognition was announced at the 16th edition of the…
FUTO shuts down as student tortured to death by campus Man O’ War group
Tension is mounting at the Federal University of Technology Owerri following the alleged death of a first-year student after an assault reportedly carried out by members of the Man O’ War brigade operating as an auxiliary security group on the…
WIEN commends ExxonMobil on fostering inclusive workplace culture
Africa’s leading gender diversity advocacy group, the Women in Energy Network (WIEN), has commended ExxonMobil for promoting gender equity and creating an inclusive work environment across its Nigerian operations. The organization also pledged to deepen collaboration with the energy giant…
NLNG to boost LNG shipping capacity by over 500,000 cubic metres
Nigerian Liquefied Natural Gas (NLNG) Limited is set to increase its liquefied natural gas (LNG) transportation capacity by more than half a million cubic meters over the next three years as it strengthens its position in the global supply chain…
Nigeria may miss 2027 growth target as economic recovery remains slow
There are growing indications that Nigeria may fall short of the federal government’s ambitious target of achieving a 7 per cent economic growth rate by 2027, as the pace of recovery remains modest and the gap between current performance and…
Informal economy reflects governance failure — Brookings
As governments across sub-Saharan Africa intensify efforts to broaden their tax bases by targeting micro, small and medium-sized enterprises (MSMEs) that account for nearly 90 per cent of jobs in the region, a new report by the Brookings Institution argues…
Renaissance CEO tasks young professionals with leading Africa’s energy resilience
Renaissance Africa Energy Company has challenged young professionals across the continent to take the lead in driving innovation, sustainability and long-term energy security as Africa seeks solutions to its persistent energy access challenges. The Managing Director and Chief Executive Officer…
Fiscal inefficiencies cost Africa $1.43tn in devpt financing __AfDB
Low efficiency levels in resource mobilization, application and utilization cost African countries significant 1.43 trillion in development financing; a situation that further compounds inhibitions to rapid economic growth. according to the 2026 African Economic Outlook released by the African Development…
NNPCL reports revenue growth of N4.97tn in April
State-owned energy company, Nigerian National Petroleum Company Limited (NNPCL) has declared a significant increase in revenue for April 2026, generating N4.971 trillion, according to the latest monthly operational report of the firm released, Monday. According to NNPCL the figure represents a…
CBN launches PSV 2028 to deepen financial inclusion, strengthen digital econony
Central Bank of Nigeria (CBN) has formally unveiled the Payments System Vision 2028 (PSV 2028) to strengthen the country’s digital economy and trade. Speaking in Abuja, Monday, at the unveiling, the CBN Governor, Olayemi Cardoso, said PSV 2028 aims to deepen…
