Economy

WeLight, a solar mini-grid operator active in Madagascar and Mali, has raised €27 million ($31 million) in a combined equity...

Credit extended to Nigeria's government rose by N17.39 trillion to N78.6 trillion in the 12 months to May 2026, underscoring...

Nigeria's industrial revival is hitting a credit brick wall, as bank lending to the manufacturing sector contracted by N1.92 trillion...

Smartphone shipments across Africa fell 12% year-on-year in Q1 2026, according to Counterpoint Research, as a global memory chip shortage...

Nigeria’s petrol exports to Togo reached ₦105.5 billion in the first quarter of 2026, according to the latest Foreign Trade...

Ogun State has secured a $250 million investment commitment from Pure Dairy Herds, a specialized cattle breeding and milk production...

Nigeria’s downstream petroleum sector is navigating renewed uncertainty as the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) weighs fresh...

Wema Bank Plc has secured a €50 million financing agreement with EIB Global, the development arm of the European Investment...

Nigeria’s transport sector is facing deep structural challenges that require coordinated reform across road, rail, and inland waterways, former Corps...

Nigeria's recent decline in petrol prices could pose a challenge to the Federal Government's drive to accelerate the adoption of...