The multifunctional facility of Volkswagen Group Africa located in Gashora, Rwanda, about 60km from the capital, Kigali, has commenced operations. It is a holistic ecosystem of e-powered mechanised ...

TotalEnergies has secured approval from its board for significant investment in the Bonga North Offshore project, marking a pivotal step in its commitment to expanding offshore operations in Nigeria.

Nigeria has finally approved the sale of Exxon Mobil Corporation’s onshore oil and gas assets to local energy firm Seplat Energy Plc. The decisions end a more than two-year delay to the conclusion of ...

After being in the dungeon for three consecutive trading sessions, the Nigerian Exchange (NGX) Limited got back into winning ways on Monday with a 0.64 per cent rise. DAAR Communications and Ikeja ...

Nigeria refused to approve Shell’s $1.3 billion divestment of its onshore and shallow water assets to the local consortium, Renaissance. Also approved were the Equinor–Project Odinmim which was ...

The Kenyan government has selected d.light for the latest round of the Kenya Off-Grid Solar Access Project (KOSAP) to expand the uptake of off-grid solar home systems and clean cookstoves in ...

A $130 million loan will be provided by the African Development Bank (AfDB), the Nigeria Sovereign Investment Authority (NSIA), and the Development Bank of Nigeria (DBN) under the Nigeria Youth ...

Nigerian-based business-to-business (B2B) e-commerce startup, OmniRetail, has acquired Traction Apps, a payment provider and inventory management solution for small businesses in Nigeria as it seeks ...

In this, Architect Eric Eyutchae, National Vice President of Alaigbo Development Foundation (ADF), an Enugu-based socio-political organization which focuses on the development of South East Nigeria, ...

Stakeholders in the built industry are now gearing up for the inaugural Design and Build Expo put together by Ecobank Nigeria. The event is set to take place at the Ecobank Pan African Centre (EPAC) ...

Despite Nigeria’s prevailing economic difficulties, including heightened inflation and increasing operational costs, the fintech, telecommunications, and ride-hailing industries have maintained a ...

Crude oil soared by 2 per cent on Monday, boosted by fighting in the Middle East, with Brent expanding by $1.23 or 1.68 per cent to $74.29 per barrel and the US West Texas Intermediate (WTI) rising by ...