Vice President Kashim Shettima, on August 5, 2025, reaffirmed the Federal Government’s commitment to revitalizing Nigeria’s oil palm and cocoa sectors to diversify the $400 billion economy, heavily reliant on
NNPCL CEO, Bayo Ojulari called for a focus on bankable energy projects across Africa to address the continent’s 600 million people without electricity, speaking at the African Energy Forum in
Asian economies on July 31, 2025, responded with a mix of cautious optimism and strategic maneuvering to U.S. President Donald Trump’s new tariff policies, including a 10% across-the-board tariff on
The Federal Government on July 31, 2025, unveiled plans to collaborate with state governments and private developers to address Nigeria’s housing deficit through a series of affordable housing projects, a
Adidas AG on July 29, 2025, reported a substantial 12% decline in profit for the second quarter of 2025, attributing the setback to newly imposed U.S. tariffs on Chinese imports,
The International Monetary Fund (IMF) on July 29, 2025, revised Nigeria’s economic growth forecast upward to 3.8% for 2025, an increase from the 3.1% projected in April, as detailed in
The Corporate Affairs Commission (CAC) on July 29, 2025, announced plans to delist 100,000 dormant companies from its register, issuing a 90-day ultimatum for compliance with annual filing requirements, effective
The Dangote Petroleum Refinery and Petrochemicals has formally withdrawn a ₦100 billion lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Nigerian National Petroleum Company Limited (NNPC),
The Transmission Company of Nigeria (TCN) and electricity distribution companies (Discos), including Eko Electricity Distribution Company (EKEDC) and Ikeja Electric, have assured Lagos residents that power will be restored daily
Global financial markets experienced a notable upswing on July 27, 2025, following the European Union’s announcement of a comprehensive trade agreement with the United States, which propelled the euro’s value
