Business
NMDPRA unveils new rules in a bid to curb monopoly
By Obas Esiedesa The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled proposed regulations aimed at curbing monopoly, abuse of market dominance, collusion and other anti-competitive practices in
KPMG: Nigeria’s Smartphone Penetration Climbs To 75% As Economy Becomes Mobile-First
A study by KPMG Nigeria and Orange Group has declared that Nigeria was rapidly becoming a mobile-first economy as smartphone penetration climbs to 75 per cent in 2025 from 64
NIDF Launches N45bn Capital Raise To Fund Infrastructure Projects Nationwide
The Nigeria Infrastructure Debt Fund (NIDF) has launched a N45 billion capital raise to finance additional infrastructure projects across the country. Nairametrics reported that the Series 12 offer was the
As Nigeria’s Electricity Reset Gathers Momentum
Nigeria’s emerging power blueprint promises a decisive shift from grid dependency to reliable, decentralised electricity, writes Festus Akanbi The national grid has traditionally measured Nigeria’s electricity crisis: the volume of power
Nigeria’s Offshore Revival: How Abuja is Drawing Eni, Shell, and TotalEnergies Back to the Deep
Beneath the Atlantic, off Nigeria’s coastline, sit reserves that international oil companies have circled for years without committing to. That hesitation appears to be easing. Eni, Shell and TotalEnergies are
Azerbaijan Secures Over $10 Billion In Investment Commitments
Azerbaijan has secured more than $10 billion in investment commitments as President Ilham Aliyev highlighted major energy projects and efforts to attract additional foreign investment into the economy. A presidential
Nigeria, China Push Culture, Tourism As New Drivers Of Bilateral Ties
Nigeria and China are seeking to move their expanding bilateral relationship beyond government agreements and economic cooperation, using culture, tourism and the creative economy as new channels for connecting their
African Expansion: Nigerian Banks Face Tougher Regulatory Rules, Analysts Warn
Analysts have urged Nigerian banks operating across Africa as well as those planning further expansion on the continent, to deepen compliance with host-country regulations as African regulators tighten rules governing
Niger Mining Tragedy: Why Nigeria’s Artisanal Mining Problem Is Really Financing Crisis
Saheed Ahmed The death of 37 people in Niger State should force Nigeria to confront a difficult truth about our mining industry: we cannot police our way out of an
Globacom and Renaissance of Fresh Impetus
Ekedinma Uchegbulem Every institution eventually encounters the danger that accompanies longevity: the temptation to confuse having survived with having arrived. Experience can become either a launchpad or an anchor, depending
