Economy

Nigeria has finally moved to unlock one of its largest deepwater oil reserves by splitting the long-disputed OPL 245 block...

The federal government has initiated a sweeping overhaul of petroleum revenue management, with Finance Minister Wale Edun signaling a potential...

Ghana has fallen seven places in the latest Global Mining Investment Attractiveness Index, ranking 53rd out of 68 jurisdictions in...

OPEC+ on Sunday agreed to raise crude oil production to 206 000 barrels per day (bpd)  based on recent economic...

Dangote Cement Plc has signed a $1 billion-plus strategic framework agreement with Sinoma International Engineering (China) to execute 12 projects...

The African Development Bank (AfDB) and the International Institute of Tropical Agriculture (IITA) have formalized a $16.61 million grant agreement...

In a transformative move for Nigeria’s extractive industry, the Federal Government and the Africa Finance Corporation (AFC) have signed a...

The Central Bank of Nigeria (CBN) has initiated a strategic shift in its monetary stance, reducing the benchmark interest rate...

Nigeria’s economy expanded by 4.07 percent year-on-year in the fourth quarter of 2025, marking an improvement over the 3.76 percent...

The Abia State Government has completed the acquisition of Afro Beverages Limited from the Asset Management Corporation of Nigeria (AMCON),...