Top Stories

Nigeria May Triple Energy Tariff To Spur Investment, Price May Hit N200/kWh

Nigeria’s government plans to cut power subsidy for consumers in the coming weeks. It is likely to triple electricity tariffs.

6 months ago

Dangote Refinery Begins Supply of Petroleum Products To Nigerian Market  

"Products are being evacuated by sea and road," a Dangote Refinery executive says as it's petroleum products hit Nigerian market.

6 months ago

Hospitality Giant Transcorp Hotels Reports Remarkable 36% Revenue Growth in 2023

Transcorp Hotels' audited results reveal profit for the year at N6.1bn in December 2023, up from N2.6bn in December 2022.

6 months ago

From Prison To Presidency: Bassirou Faye Sworn In As Senegal’s Youngest President

44-year-old pan-Africanist leftwinger, Bassirou Faye, has assumed Senegal's presidency without any prior elected office experience.

6 months ago

Gas Price Increase Raises Fears of Electricity Tariff Hike in Nigeria

As the price of gas purchased by Gencos increases, a hike in electricity tariff payable by Nigerian consumers seems inevitable.

6 months ago

Trump Posts $175m Bond In New York Civil Fraud Case To Stave Off Asset Seizures

A $175m bond payment will temporarily spare Trump the potential humiliation of seeing Trump Tower and Mar-a-Lago estate seized.

6 months ago

Nigerian Manufacturers Call for Fair Regulatory Framework to Protect Against Social Media Trial

Nigerian manufacturers have bemoaned the negative impact of unverified social media statements about their businesses, and are seeking protection.

6 months ago

Nigeria’s Army Chief Lagbaja Vows To Defeat Insurgents, Bandits

Consoling soldiers on recent losses, Nigeria's Army Chief Lagbaja urged steadfastness, diligence, and commitment to duty amid ongoing operations.

6 months ago

Israeli Airstrike Destroys Iranian Consulate In Syria, State Media Reports

Despite Syrian air defences intercepting some missiles, others struck the consulate, destroying "the entire building, killing and injuring everyone inside.”

6 months ago

Seven Political Parties Endorse Kagame As Presidential Candidate In Rwanda

Recent endorsements add to the support Rwanda's Kagame has garnered from other political parties already aligned with the ruling RPF.

6 months ago