nigeria

It was an afternoon marked by reflection and reverence at the Nigerian Exchange Group, as captains of industry and financial leaders gathered to pay tribute to the late Dr. Pascal Gabriel. 

NGX Group honours Pascal Dozie’s legacy

ExxonMobil says it plans to invest 1.5 billion dollars into the development of its deepwater operations in Nigeria. The investment is expected to commence from the second quarter of this year to 2027. 

ExxonMobil plans $1.5bn investment in Nigeria deepwater oilfield

Today marks 120 days since Ghana’s President John Mahama took office. This marks the deadline for fulfilment of key promises outlined in the 2024 National Democratic Congress Manifesto. 

120-days in office: Will Ghana sustain reforms momentum?

Fitch Solutions maintain its 2025 growth forecast for Ghana at 4.2 per cent. 

Fitch Solutions maintain 4.2% GDP growth for Ghana in 2025

Nigeria's Senate resumed plenary today as deliberations for the passage of the 2024 Tax Reform Bills was top on the agenda for the lawmakers. 

Tax reform bills tops Nigeria's parliament agenda

Nigeria has established the National Integrated Electricity Policy; a blueprint aimed at reshaping the country's power sector. 

Will Nigeria's electricity roadmap be a game-changer?

Nigeria's defence ministry says its renewed operational strategies is yielding results, meanwhile, top of the agenda to be addressed by Nigeria's parliament are the recent wave of violent attacks in several states in the country. 

Is Nigeria making progress on insecurity?

The Nigerian government has tasked its Economic Management Team to develop a roadmap that will unlock rapid and sustained inclusive growth with a seven per cent medium-term growth rate. 

Nigeria targets 7% medium term growth rate

Oil prices fell over one per cent today after eight OPEC+ countries agreed to accelerate oil production for a second consecutive month to 411,000 barrels per day in June, raising total combined hike for April, May and June to 960,000 barrels per day.

Oil prices fall after OPEC+ output hike

As more first quarter results from listed banks trickle in, analysts at Cordros Securities believe profit-taking in bank stocks may persist as investors adjust their expectations.

Will profit-taking in Nigerian banks persist?

Nigeria’s non-oil export sector recorded a 24.75 per cent increase in the first quarter of 2025, with cocoa Beans accounting for 45 per cent of total non-oil exports. 

Cocoa price surge: How can Nigeria cash in?

Fitch says despite the introduction of US tariffs, it maintains a 4.2 per cent economic growth forecast for Ghana this year, noting that the adverse impact from global trade tensions will be offset by the rise in gold prices. 

Video: NIGERIA