News

Nigeria and Brazil revitalised their bilateral relations by signing a renewed Bilateral Air Services Agreement (BASA), marking a significant advancement in diplomatic and economic cooperation between the two nations. The...

On May 7, 2025, the African Export-Import Bank (Afreximbank) officially launched the Africa Film Fund, a transformative initiative committing up to $1 billion to bolster the continent's film and creative...

In a major push to bolster small businesses and reduce unemployment, the Lagos State Government has joined forces with the Bank of Industry (BOI) and Sterling Bank to launch a...

ExxonMobil has announced a $1.5 billion investment to revitalize its deepwater oil operations in Nigeria, focusing on the Usan oilfield located in offshore block OML 138 in the eastern Niger...

Guaranty Trust Holding Company Plc (GTCO) experienced a notable surge in its share price on Tuesday, May 6, 2025, resulting in a market capitalisation increase of ₦52.3 billion. This rise...

Applications are currently open for the 2025 Capacity-Building Programme for Women Energy Entrepreneurs, an initiative jointly organised by the Global Women's Network for the Energy Transition (GWNET) and the SADC...

The naira appreciated to ₦1,600 per dollar in the parallel market on Monday, strengthening from ₦1,610 recorded over the weekend. Similarly, in the Nigerian Foreign Exchange Market (NFEM), the naira...

President Bola Tinubu has officially endorsed a transformative roadmap for Nigeria’s electricity sector by approving the National Integrated Electricity Policy (NIEP), a blueprint designed to attract $122.2 billion in investments...

Applications are now open for the INTERA Fellowship 2025/2026, a prestigious program by the Interdisciplinary Network for Technology and Entrepreneurship Research in Africa (INTERA). This fellowship is designed to support...

The Central Bank of Nigeria (CBN) spent a staggering ₦315.18 billion on currency issue expenses in 2024, a dramatic 306% surge from the ₦77.67 billion recorded in 2023. The apex...