Africa’s capital markets may be heading for a major transformation as Aliko Dangote and the Nigerian Exchange Group (NGX) lead high-level talks to deepen cross-border listings and integrate stock exchanges across the continent. African Exchanges Move Toward Integration The strategic meeting, held in Lagos on April 1, brought together key players under the African Securities…
Nigeria’s leading carrier, Air Peace, has unveiled plans to expand its international footprint with new direct flights from Gateway International Airport to London, marking a major boost for regional aviation and connectivity. A New International Gateway for Ogun State The announcement was made by Air Peace CEO Allen Onyema following an inspection of the newly…
Nigeria is set for a major infrastructure boost as the Nigeria Sovereign Investment Authority (NSIA) teams up with the World Bank to fund critical power and port projects across the country. New Funding Platform to Unlock Private Investment Speaking during a media briefing on NSIA’s 2025 financial performance in Abuja, Managing Director Aminu Umar-Sadiq revealed…
Telecommunications giant Bharti Airtel has reached a major global milestone, crossing 650 million mobile subscribers and officially emerging as the world’s second-largest telecom operator by customer base. Massive Growth Across Africa and Asia The milestone, confirmed using data from GSMA Intelligence, highlights Airtel’s rapid expansion across key markets in India and Africa. Bharti Airtel now…
The Federal Government has intensified efforts to transform Nigeria’s transport sector by inspecting Compressed Natural Gas (CNG) conversion kits in Kano. Under the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (Pi-CNG & EV). Officials visited a warehouse containing part of the 100,000 conversion kits and cylinders designated for vehicles including tricycles, cars, and…
Nigeria’s crude oil production has climbed to about 1.8 million barrels oil output per day, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), signaling a strong recovery in the country’s oil sector. The milestone reflects renewed efforts by the government and industry players to boost output after years of decline. Caused by oil theft,…
Nigeria has introduced a major reform in its mining sector as the Nigeria Revenue Service (NRS) officially takes over the collection of mineral royalties from operators nationwide. The move follows the implementation of new tax laws signed by Bola Tinubu in 2025, which empower the NRS to manage all federally collectable revenues. Under the new…
The Federal Government has secured the interest of leading global maritime giants—DP World and AD Ports Group—to revive Nigeria’s national shipping carrier in a bold move to strengthen the country’s maritime sector. The announcement was made by Adegboyega Oyetola, Minister of Marine and Blue Economy, who revealed that discussions are already at an advanced stage…
Ghana has announced a major travel policy shift, granting visa-free access to all African passport holders starting May 25, 2026, in celebration of Africa Day. The move positions Ghana among a growing list of African countries embracing open-border policies. To boost regional integration and economic cooperation. According to official confirmations. Ghana becomes one of the…
Minister of the Federal Capital Territory, Nyesom Wike, has stirred fresh debate after criticizing Nigerians for expecting government services without fulfilling tax obligations. Speaking during a live interview, Wike said many Nigerian citizens demand good roads, steady electricity, and public services but are unwilling to pay taxes. He described tax collection as a major challenge,…
