Business

Nigeria records $21bn capital inflows in 2025

  • 12th February 2026

Collaboration key to boosting Africa’s energy sector –

  • 12th February 2026
Foreign shipping firms must obey tax laws- FIRS

Technology key to implementing new tax laws —

  • 12th February 2026
Discos to resume meter deployment - IKEDC

Bills without customer ID now invalid – Ikeja

  • 12th February 2026

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Nigeria records $21bn capital inflows in 2025

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Tag: Africa

Opinion

GDP growth in Africa not equall to decent lives — Osinbajo

Former Vice President Professor Yemi Osinbajo has called for a paradigm shift in Africa’s development strategy, urging governments and institutions to place social justice at the centre of economic growth. Osinbajo made the call at the Ford Foundation Office for West Africa high-level anniversary celebration titled “OWA@65: From Nation Building to Social Justice,” held in […]

Business

PHOTOS: AfCFTA okays Customs-Afreximbank initiative to boost African trade

The African Continental Free Trade Area has endorsed the Customs-Partnership for African Cooperation in Trade, an initiative spearheaded by the Nigeria Customs Service and Afreximbank to boost intra-African trade. The conference announcing the initiative will hold in Abuja from November 17 to 19. AfCFTA Secretary-General Wamkele Mene announced the official endorsement in Accra during a […]

Lagos has maintained it's position as the top recipient of Capital Influx in Nigeria during the fourth quarter of 2023 (Q4 2023).
Conferences

Lagos targets Africa’s model megacity with global safety summit

The Lagos State Government is set to host the Lagos State Occupational Safety and Health Conference on Tuesday, October 7, 2025, a high-level gathering aimed at repositioning safety as a central pillar of the state’s economic and social transformation. The landmark event, themed “Occupational Safety and Health (OSH) as a Catalyst for Nation Building,” is […]

Suspect arraigned for allegedly stealing N1.1bn from Moniepoint
Opinion

Africa’s financial future will be shaped locally — Moniepoint

Moniepoint Microfinance Bank believes that the future of Africa’s financial system will be shaped within the continent through homegrown innovation, effective regulation, and informed journalism. The bank’s Chief Executive, Babatunde Olofin, emphasized this at the 2025 annual conference of the Finance Correspondents Association of Nigeria, themed “Bracing for the Digital Economy in Nigeria: Taxation, Banking […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
Electricity

300m Africans to get electricity by 2030 — World Bank

Seventeen African governments have committed to reforms and actionable plans to expand electricity access as part of Mission 300, a partnership led by the World Bank and the African Development Bank Group aiming to connect 300 million Africans to electricity by 2030. Governments from Benin, Botswana, Burundi, Cameroon, Comoros, Republic of the Congo, Ethiopia, Gambia, […]

Business

Global Energy Alliance commits $16m to enhance Africa’s energy access

The Global Energy Alliance for People and Planet has committed $16 million to enhance energy access and promote the deployment of clean energy initiatives across Africa. This announcement was made during the 80th session of the United Nations General Assembly and underscores support for Mission 300, a collaborative initiative led by the World Bank Group […]

Startups

Google supports African startups, varsities with $9m fund, AI tools

Google has reaffirmed its commitment to Africa, unveiling new subsea cable connectivity hubs, a $9 million fund, and Artificial Intelligence tools for students. The tech giant is building on nearly two decades of partnership with infrastructure, learning, and innovation announcements. Four strategic subsea cable connectivity hubs will be established in the north, south, east, and […]

Conferences

Nigeria, seven other African countries sign landmark petroleum charter

Nigeria and seven other African countries have endorsed a landmark charter establishing the African Petroleum Regulators Forum, setting a new course for harmonized petroleum regulation and investment promotion across the continent. The signing ceremony took place on Thursday, September 18, 2025, on the sidelines of the 31st Africa Oil Week in Accra, Ghana, chaired by […]

Business featured

MTN to develop AI-powered data centers in Africa

MTN Group, Africa’s largest telecom operator, is in advanced talks with United States and European firms to develop data centers across the continent to power artificial intelligence services. The move is part of the company’s strategy to fill Africa’s massive AI infrastructure gap and unlock new revenue streams, according to CEO Ralph Mupita. Mupita said […]

News

Africa loses $12.7bn yearly to infrastructure disasters — Report

Africa suffers an average of $12.7 billion in annual infrastructure losses from natural disasters, according to a new report by the Coalition for Disaster Resilient Infrastructure. The study, released Monday, shows that floods account for about 70 per cent of the damage, while earthquakes — less frequent but often more devastating — make up about […]

Top 10 most-improved visa-friendly African countries
News

Top 10 most-improved visa-friendly African countries

Traveling between African countries is becoming increasingly accessible, thanks to growing trends in visa policy reforms across the continent. A recent report, “Africa Visa Openness Index,” from 2016 to 2024 shows that 39 African countries have improved their visa rankings, signaling a positive shift towards easier travel across the continent. The increase in visa scores […]

Osimhen, Fireboy, Veekee James others make Forbes 30 Under 30
News

Osimhen, Fireboy, Veekee James others make Forbes 30 Under 30

Five Nigerians have been recognized by Forbes Magazine in its 30 Under 30 Africa Class of 2024, for shaping the continent’s future and leaving an indelible mark on the global stage. This vibrant group of visionaries spans diverse fields, from entertainment to sports, demonstrating innovation, inclusive growth, and a redefinition of Africa’s narrative. As the […]

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