Business & Economy

CBN Raises ₦10.4 Trillion Through Treasury Bills in 2025 Despite Slight Decline from Previous Year

The Central Bank of Nigeria (CBN) has raised ₦10.4 trillion through Nigerian Treasury Bills (NTBs) in 2025, marking a marginal 1.09 percent decrease from...

Nigeria’s Oil Output Falls to 1.58 Million Barrels Per Day in September

Nigeria’s crude oil and condensate production declined to an average of 1.581 million barrels per day (bpd) in September 2025, according to new data...

CBN Issues Draft Guidelines Mandating Instant Refunds for Failed ATM Transactions

The Central Bank of Nigeria (CBN) has released new draft guidelines that will require banks and other financial institutions to provide instant refunds to...

South Africa Secures $13.3 Billion EU Investment to Drive Clean Energy and Infrastructure Development

South Africa is set to receive a $13.3 billion funding package from the European Union (EU) to accelerate its transition toward clean energy, modern...

Egypt Inaugurates First Siemens Mobility High-Speed Train, Launches 2,000km National Rail Network

Egypt has officially inaugurated its first Siemens Mobility high-speed train, marking a historic milestone in the nation’s transportation sector and the beginning of a...

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