Nigeria drops to 14th on Africa industrialisation index
Nigeria has dropped from eighth to 14th position on the African Development Bank’s Africa Industrialisation Index, as the Nigeria Economic Summit Group…
Africa
Dangote Refinery closes Africa’s biggest IPO with 120-country investor interest
Dangote Petroleum Refinery, the Lagos-based plant owned by Africa’s richest man, Aliko Dangote, has closed the continent’s biggest initial public share offering.…
Dangote says Africa needs financing, power, policy to industrialise
Africa’s drive to become a global industrial powerhouse will depend on its capacity to raise long-term financing, provide dependable electricity and adopt…
Nigeria reclaims Africa’s top startup funding spot with $635m
Nigeria has regained its place as Africa’s top destination for startup funding in the first nine months of 2026, attracting $635 million,…
Hamzat urges Africa, private sector to invest in digital infrastructure
Lagos State Deputy Governor, Dr Obafemi Hamzat, has urged African governments and the private sector to increase investment in digital infrastructure, local…
Nigeria has foundation to become Africa’s industrial powerhouse — Ex-DG UNIDO
A former Director-General of the United Nations Industrial Development Organisation, Dr Kandeh Yumkella, has said Nigeria possesses the basic foundations to become…
Oyedele calls for cheaper, long-term financing for Africa’s development
The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, has advocated a fundamental change in how the world…
UNGA81: Tinubu demands alliance to end Africa’s mineral exploitation
President Bola Tinubu has called for a fresh continental push to end the exploitation of Africa’s critical mineral resources. Tinubu, represented by…
Lagos produces more millionaires than most African cities — Omokri
Ambassador-designate to Mexico, Reno Omokri, has declared that Lagos State under Governor Babajide Sanwo-Olu has produced more dollar millionaires than most African…
Nigeria ranks second most cyberattacked African nation with 4,906 weekly attacks
Nigeria recorded an average of 4,906 cyberattacks per organisation every week in August 2026, representing a 45 per cent year-on-year increase and…
European Investment Bank invests €108m in African entrepreneurs over 10 years
The European Investment Bank has invested €108 million in Nigeria and other African countries over the last 10 years to support African…
Six Nigerian banks rank among Africa’s 20 biggest lenders
Six Nigerian banks have made the list of Africa’s 20 largest lenders by total assets, underscoring the growing scale of the country’s…