Business & Economy

Nigeria’s Tax Reform Efforts Threatened by Poor SME Documentation, ICAN Warns

Nigeria’s drive to establish a sustainable and transparent tax ecosystem faces significant hurdles as a large proportion of Small and Medium Enterprises (SMEs) continue...

Africa Begins Rollout of Twice-Yearly HIV-Prevention Injection Offering Near-Total Protection

South Africa, Zambia, and Eswatini have begun administering a new HIV-prevention injection, marking a major advancement in efforts to curb the continent’s epidemic. The...

Nigeria’s GDP Grows 3.98% in Q3 2025 as Agriculture and Industry Show Recovery

Nigeria’s economy recorded a modest improvement in the third quarter of 2025, with the National Bureau of Statistics reporting a year-on-year GDP growth rate...

Top 10 Fastest-Growing Sectors in Nigeria in Q3 2025

Nigeria’s economy recorded a mixed performance in the third quarter of 2025, but several key industries posted strong growth driven by domestic reforms, improving...

TotalEnergies Farms Out 40% Stake in Nigerian Deepwater Blocks to Chevron’s Star Deep Water Petroleum

TotalEnergies has entered a farm-out agreement to transfer a 40 percent interest in two offshore exploration licences, PPL 2000 and PPL 2001, to Chevron’s...

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