Nigeria’s cybersecurity market is set to grow to $345.43 million by 2029, driven by rapid digital economy expansion, NITDA DG says

Vice President Shettima has said Nigeria aims to move from cocoa producer to processor, boosting value through sustainable farming.

The FG has partnered 10 firms on gas processing and storage projects aimed at deepening domestic energy transition.

IATA has said Africa’s passenger traffic will reach 345m by 2043, but high costs and restrictions are threatening growth.

Fitch Ratings agency has upgraded Fidelity’s national rating to ‘A+(nga)’ as the bank strengthens capital and boosts profits.

Banks deposited N17.5 trillion with CBN in May, a 4.8% increase from April, seeking safe returns amid lending risks.

Trump has announced the US will double steel and aluminium tariffs to 50% starting Wednesday, aiming to revive domestic production.

Moody’s has upgraded Nigeria’s credit rating from Caa1 to B3, signalling growing confidence in the economy.

The AfDB Nigeria Trust Fund has been replenished with $500m, with Finance Minister Edun saying it will unlock Africa’s private capital

TotalEnergies has announced plans to divest its 12.5% stake in Bonga Fields to Shell for $510 million

Nigeria is no longer Africa’s top fuel importer due to Dangote Refinery ramping up operations and domestic output.

The FIRS has consulted the manufacturing sector on an e-invoicing project to curb tax evasion and revenue losses.

Senate Gas Committee Consultant Olabode Sowunmi has said that Strategic Patience and Strong Institutions is  Key to Nigeria’s Energy Future.

Excerpt: Lack of aircraft capacity among private airlines is driving up ticket prices, according to Nigeria’s Minister of Aviation, Festus Keyamo.

The World Bank has cut Kenya’s 2025 growth forecast to 4.5%, citing high debt, lending rates, and shrinking credit.

Turkiye aims to increase trade with Nigeria from $1 billion to $5 billion, boosting bilateral economic relations significantly.

Nigeria and Venezuela have agreed to launch direct Abuja-Caracas flights celebrating 60 years of diplomatic ties

NACCIMA President Oye urges overhauling Nigeria’s Investment Promotion Agencies to attract quality investments into key economic sectors.

Neconde boosts Nigeria’s crude output, hitting 50,000bpd on OML 42, with plans to reach 120,000bpd in 48 months.

PETROAN urges NNPC to complete Port Harcourt Refinery repairs in 30 days to avoid fuel supply disruptions and hardship.