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China National Chemical Engineering International Corporation Ltd (CNCEC) has declared its dedication to support Nigeria’s ambitious $20 billion Ogidigben Gas Project in Delta State, signifying a substantial milestone in the…
The Liberian administration has encouraged Nigerian investors and entrepreneurs to investigate the extensive economic prospects within the West African nation. Jeff Blibo, the chairman of the Republic of Liberia National…
The United Arab Emirates (UAE) has emerged as the preeminent investor in new business endeavors in Africa, allocating $110 billion to diverse initiatives from 2019 to 2023. As reported by…
Nigeria dispatched electricity valued at N181. 62 billion to neighboring nationsTogo, Benin, and Niger Republic from January to September 2024, as per data from the National Bureau of Statistics (NBS).…
In a significant advancement for regional energy integration, Dangote Refinery and Neptune Oil collectively announced the inaugural export of Premium Motor Spirit (PMS) from Dangote Refinery, Africa’s largest oil refinery,…
Holcim, a Swiss construction materials corporation, has consented to divest its Nigerian operations to Huaxin Cement Ltd. , a Chinese enterprise. The arrangement, estimated at $1 billion, will result in…
Foreign capital inflows into the Nigerian Exchange Limited (NGX) declined to a minimal level of N11. 26 billion in September. The progression relies on information regarding both local and international…
The World Bank Group has announced an increase in its financial commitment to agribusiness, pledging to double its funding to $9bn annually by 2030. According to the Bretton Woods institution…
The federal government has announced the full deregulation of the petroleum industry in Nigeria, saying oil marketers were free to purchase their products from any source. Before now, the Nigerian…
Nigeria’s foreign exchange (FX) reserves rose by $621.2 million in 10 days following the successful sale of a domestic dollar bond. The gross FX reserves increased from $36.24 billion on…