The Central Bank of Nigeria (CBN) on June 11, 2025, categorically debunked reports suggesting an extension of the Bureau De Change (BDC) recapitalization deadline, reinforcing its March 31, 2026, timeline
In a groundbreaking policy shift, the World Bank announced on June 11, 2025, that it would lift its decades-long prohibition on financing nuclear power projects, a decision poised to reshape
The Nigerian National Petroleum Company Limited (NNPCL) issued a stern warning on June 9, 2025, alerting investors and the public to a sophisticated scam involving fraudsters impersonating its executives and
The United Kingdom’s unemployment rate surged to 4.9% in the three months to April 2025, marking a near four-year high, according to the Office for National Statistics (ONS) data released
China’s export-driven economy, long a global powerhouse, is grappling with severe strain as the US-China trade war intensifies under President Donald Trump’s aggressive tariff policies. By June 2025, Beijing’s manufacturing
On June 5, 2025, President Bola Tinubu visited the $19 billion Dangote Refinery in Lekki, Lagos, describing it as a “massive” catalyst for Nigeria’s economic self-reliance. The 650,000-barrel-per-day facility, Africa’s
On June 3, 2025, Aliko Dangote, Chairman of Dangote Group, officially named the 120-km access road to his $19 billion refinery in Lekki, Lagos, the Bola Ahmed Tinubu Way, in
On June 4, 2025, Bill Gates, co-chair of the Bill & Melinda Gates Foundation, highlighted that the foundation’s $100 billion investment in African healthcare over the past 25 years has
The federal Government commissioned Nigeria’s first Liquefied and Compressed Natural Gas (LCNG) plant in Maiduguri, Borno State on June 3, 2025, a $50 million facility to boost energy access in
Nigeria Liquefied Natural Gas (NLNG) urged African nations to embrace artificial intelligence (AI) to transform their energy sectors, speaking at the African Energy Summit in Abuja. NLNG’s Managing Director, Philip
