Essential reporting, analysis and context from the business desk.
The Africa Energy Bank has been formally established in Abuja with $5 billion in authorised capital to support energy projects across the continent. The initiative aims to strengthen African energy financing, encourage investment and reduce dependence on foreign lenders.
Dangote Refinery produces petrol, diesel and aviation fuel in Nigeria, helping reduce the need for imports. However, crude oil costs and supply challenges still affect fuel prices.
Finance Minister Taiwo Oyedele has ruled out a return to petrol subsidies, saying Nigeria will prioritise domestic and foreign private investment to finance its next phase of economic growth.
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Taiwo Oyedele is Nigeria’s Minister of Finance and Coordinating Minister of the Economy. A former PwC Africa Tax Leader, he led the Presidential Committee on Fiscal Policy and Tax Reforms before his ministerial appointment.
Buying a property starts with understanding your needs, budget and preferred location. Whether you want land or a finished home, asking the right questions can help you make a more informed decision.
Creating a digital product is only the beginning. Beginners can explore practical ways to reach potential customers through useful social media content, search-friendly articles, email marketing and product demonstrations without committing to a large advertising budget.
Tighter liquidity rules and rising non-oil earnings have narrowed the gap between official and street rates, but manufacturers say input costs still bite.
New bus corridors, rail extensions and a redrawn traffic plan will decide whether Africa's largest city can finally move at the pace of its economy.
Committees have published their recommendations, and the chamber now faces the most consequential vote of the legislative year.
The coaching staff has traded experience for tempo, and the early results suggest the gamble is holding.
Single-window customs filing and harmonised documents are intended to cut crossing times that have made regional trade slower than intercontinental shipping.
