Nigeria’s Inflation Rate Falls to 16.05% in October 2025 as Food & Core Costs Ease
Nigeria’s headline inflation rate eased significantly to 16.05% in October 2025, down from 18.02% in September, according to the latest Consumer Price Index (CPI)...
Ranks Africa Finalizes the Acquisition of Africa Energy Sector Platform, Rebrands as AFRENSE
Ranks Africa has officially finalised the acquisition of the Africa Energy Sector (AES) platform, marking a major strategic expansion into the continent’s fast-growing energy...
Nigeria to Get 500 New CNG Refuelling Stations as MDGIF, Chinese Firm Seal Infrastructure Deal
The Midstream and Downstream Gas Infrastructure Fund (MDGIF) has concluded high-level talks with Chinese manufacturing giant Endurance Group to deliver 500 Compressed Natural Gas...
Nigeria Suspends 15% Petrol and Diesel Import Duty Amid Stakeholder Pushback
The Federal Government has suspended the controversial 15% import duty on petrol and diesel, a move that has drawn widespread praise from independent oil...
UNCTAD Warns High Clean-Tech Tariffs Could Stall Africa’s Renewable Energy Transition Despite Falling Global Prices
Africa’s push toward renewable energy faces a growing threat from high clean-technology tariffs and ongoing trade barriers, according to a new global trade and...
