2+ hour, 40+ min ago  (673+ words) The escalation in the Middle East conflict pushed global oil prices to $90 per barrel on Friday, the highest level in almost two years, threatening to slow Africa's emerging disinflation trend and potentially delay interest-rate cuts by several central banks across…...

20+ hour, 57+ min ago  (1565+ words) NJ Ayuk, Executive Chairman of the African Energy Chamber, has called on industry stakeholders to boycott the upcoming Africa Energies Summit 2026, accusing the event's organizers of maintaining hiring practices that discriminate against Black Africans, members of the African diaspora, and…...

1+ day, 14+ hour ago  (399+ words) Reps approve N140bn budget proposal The South East Development Commission (SEDC) has set an ambitious goal to grow the region's economy from approximately $40 billion to $200 billion over the next decade. Mark Okoye, Managing Director and Chief Executive Officer of the commission,…...

1+ day, 19+ hour ago  (897+ words) Some marketplaces simply list products. And then some platforms rethink what online shopping should look like. 9th Marketplace falls into the second category. Africa's e-commerce landscape is no longer "up and coming." It is booming. Yet despite this impressive growth, nearly…...

2+ day, 19+ hour ago  (735+ words) Southern African economies are sustaining a rare period of price stability, with Zambia and Zimbabwe maintaining single-digit inflation for a second consecutive month in February 2026, supported by firmer currencies, favourable commodity prices and tight monetary policy. Data compiled by Trading…...

3+ day, 54+ min ago  (508+ words) The Niger Electricity Distribution Company (NEDC), a subsidiary of Abuja Electricity Distribution PLC (AEDC), has thrown its weight behind the Niger State Government's aggressive push to electrify rural and underserved areas through renewable energy. Under this initiative, the Niger State…...

3+ day, 1+ hour ago  (959+ words) Abia State Government has assured the African Development Bank (AfDB) of its readiness to co-finance critical infrastructure and meet all conditions required for inclusion in Tranche 2 of the Special Agro-Industrial Processing Zones (SAPZ) Programme. Governor Alex Otti gave the assurance,…...

4+ day, 14+ hour ago  (257+ words) South African authorities have rescued 12 crew members from a Nigerian tugboat that sank in the country's waters, while one person has been confirmed dead and five others remain missing. The vessel, identified as LEO, was carrying 18 persons when it ran…...

4+ day, 19+ hour ago  (506+ words) Bidvest, a B2B services, trading, and distribution group, has relaunched the process to dispose of Bidvest Bank after its proposed sale to Nigerian lender Access Bank fell through following the failure to meet the long-stop date for regulatory approvals. The development…...

4+ day, 23+ hour ago  (369+ words) Abdullahi Sule, Governor of Nasarawa State Governor Abdullahi Sule of Nasarawa State has performed the groundbreaking ceremony for the construction of 430 affordable housing units under the Federal Mortgage Bank of Nigeria Workers" Housing Scheme in Lafia. The event, which took…...