Business and Economy
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Tourism: Longers Anyanwu makes case for Abadaba Wonder Lake
By Everest Ezihe, Owerri Chief Longers Anyanwu, a frontline member of Imo State Elders Forum has appealed to Governor…
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Cardoso seeks collaboration for stronger African credit system
(L-R) A Deputy Director, Central Bank of Nigeria (CBN), Fidelis Odia, Managing Director and Chief Executive Officer of CreditRegistry, Nigeria,…
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Fidelity Bank grows Gross Earnings by 46% to ₦748.7 billion for H1 2025
Fidelity Bank Plc has announced its audited financial results for the half-year ended 30 June 2025, demonstrating resilience and sustained…
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Air Peace loses $15m to disruptions as lessor withdraws aircraft
By Itohan Abara-Laserian Lagos, Nov. 14, 2025 Air Peace Ltd. has attributed sudden disruptions in its domestic operations to ‘illegal’…
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Afreximbank calls for Africa’s sustainable development, industrialisation, just energy transition at COP30
BELEM, Brazil, November 13, 2025 At the ongoing 2025 United Nations Climate Change Conference (COP30) in Belem, Brazil, African Export-Import…
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Geometric Power suffers first blackout in 60 days—Due to gas shortage
Geometric Power, Nigeria’s foremost integrated electricity group, has suffered its first blackout in 60 days. The blackout started at 4.33…
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NIMASA DG advocates effective Port State Control for safer shipping
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola has noted that effective Port…
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Algeria, third largest economic power in Africa; IATF 2025, a resounding success – Prof. Kouachi
Dr. Mourad Kouachi, a University Professor, economics expert and member of the National Economic, Social, and Environmental Council (CNESE) of…
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FEDA announces strategic investment in Spiro to accelerate Africa’s electric mobility transition
Kigali, Rwanda, 10 November 2025 The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of…
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Rivers Assembly probes Renaissance Energy’s alleged neglect of oil spills in community
The Rivers State House of Assembly has ordered a probe into allegations that an oil firm, Renaissance Africa Energy Company…
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Afreximbank extends $36.4-million contract financing facility to Egypt’s SAMCO for stadium project in Uganda
Cairo, Egypt, 07 Nov. 2025: African Export-import Bank (Afreximbank) has extended a US$ 36.4-million contract financing facility to Egypt’s SAMCO-National…
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We have three weekly Int’l flights in Akanu Ibiam Int’l Airport, Enugu – FAAN
By Stanley Nwanosike Enugu, Nov. 7, 2025 The Federal Airport Authority of Nigeria (FAAN) says that at least three international…
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NCDMB Council, Management seek improvements in corporate governance, performance
Fired by a shared purpose to sustain momentum and achieve key milestones in local content development in the oil and…
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Afreximbank calls for stronger trade finance capabilities to accelerate inclusive growth across Africa
Abidjan, Côte d’Ivoire – 4 November 2025 Speaking at the opening of the 25th Afreximbank Trade Finance Seminar (ATFS) in Abidjan, Ms Gwen Mwaba, Managing Director…
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UK’S MOBILIST facilitates secondary sale of listed shares in InfraCredit
3 November, London/Lagos. The UK’s MOBILIST programme has successfully traded its investment in Nigerian credit guarantee company InfraCredit to five…
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Chevron enters Guinea-Bissau with exploration opportunities
BISSAU, Guinea-Bissau, November 3, 2025 Chevron has entered Guinea-Bissau’s offshore exploration sector through two blocks in the MSGBC basin*. Chevron…
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NCDMB Council, Mangt seek improvements in corporate governance, performance
Fired by a shared purpose to sustain momentum and achieve key milestones in local content development in the oil and…
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Economists call for ₦10,000, ₦20,000 notes to ease Nigeria’s cash burden
Economic analysts have called on the Central Bank of Nigeria (CBN) to consider introducing ₦10,000 and ₦20,000 banknotes as part…
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Grenada advances offshore hydrocarbon strategy with trilateral oil & gas commission proposal
PARAMARIBO, Suriname, October 29, 2025 The Government of Grenada has formally proposed the establishment of a trilateral oil and gas…
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CBN refutes misreporting on forex use in oil sector
ABUJA The Central Bank of Nigeria (CBN) has noted some misreporting that falsely implies the Bank disbursed US$1.259 billion to…
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Suriname Local Content Conference 2025 concludes with roadmap for inclusive growth
Paramaribo, Suriname: Suriname has taken a major step toward ensuring that the benefits of its emerging oil and gas industry…
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‘Account for missing N22.3bn, $49.7m, £14.3m, €5.2m oil money’, SERAP tells NNPCL
Socio-Economic Rights and Accountability Project (SERAP) has urged Mr. Bayo Bashir Ojulari, Group Chief Executive Officer of the Nigerian National…
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How Oramah grew Afreximbank’s assets to $40bn – Elombi
By Vivian Ihechu Cairo, Oct. 24, 2025 Dr George Elombi, Executive Vice-President (EVP) of Afreximbank, has highlighted the blueprint behind…
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Tinubu congratulates Ekperikpe, Mshelbila on new GECF positions
The President, according to a statement by Bayo Onanuga, his Special Adviser (Information and Strategy), also congratulated the Minister of…
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Afreximbank’s historic transition: Oramah exits in style, as Elombi steps in, Saturday
On Friday and Saturday, October 24 and 25, 2025, respectively, in Cairo, Egypt, the African Export-Import Bank (Afreximbank) will witness…
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