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The CEO of Oando, Wale Tinubu says harnessing Africa’s gas potential is the first phase to true industrialization. 

Tinubu: Harnessing Africa’s gas potential key for industrialisation

Nigeria’s Monetary Policy Committee is set to announce its interest rates decision later today as analysts expect the committee to maintain rates amid risks posed by inflation and currency weakness. Where will the pendulum shift?

Will Nigeria’s MPC sustain hawkish stance?

New types of housing such as co-living spaces and micro-apartments are creating opportunities for investors in the real estate market. 

Ashiru-Balogun: Co-living, micro-apartments creating new opportunities 

The Arab Bank for Economic Development in Africa says it plans to review its investment strategy in Africa this year using innovation to reflect the needs of the continent. 

Aldossari: BADEA strategy update to reflect Africa’s needs

Nigeria’s MPC has commenced its fourth meeting of the year today on the back of rising inflation, naira volatility among other macro indicators. 

Nigeria begins 4th MPC meeting 

The Abidjan declaration has seen nine African countries opt out of the Gavi vaccine alliance support with strong political will to drive self sufficiency and vaccine sovereignty for these countries. 

Gavi CEO Nishtar: Abidjan declaration signifies a new era for immunisation

The Central Bank of Nigeria has approved the sale of foreign exchange 20,000 dollars each to eligible Bureau de Change operators at a rate of 1,450 naira to the U.S dollar. 

CBN resumes dollar sale to BDCs at ₦1,450/$1

Following negotiations between organised labour, the Nigerian government, and the organised private sector, talks have come to a close with an agreement on 70,000 naira as the country’s minimum wage which will be reviewed every three years. 

Nigeria settles for ₦70,000 as new minimum wage

The Managing Director of British International Investment, Chris Chijiutomi says in 2023, the United Kingdom's development finance institution made a commitment of £1.31 billion across all its markets predominantly in Africa and parts of Asia.

Chijiutomi: BII made £1.31bn commitment across markets, £730mn dedicated to Africa

Women's political participation in African parliaments has risen from 24 percent in 2021 to 25 per cent this year. 

INTL IDEA: Women’s representation in African parliaments rises to 25% in 2024

The two chambers of Nigeria’s National Assembly has approved President Bola Tinubu’s request for fresh injection of 6.2 trillion naira into the 27.5 trillion naira 2024 budget. 

Nigeria’s parliament approves ₦6.2trn fresh injection into 2024 budget

Nigeria’s President Bola Tinubu is set to meet with the leadership of Organised Labour to resume talks on a new minimum wage for workers. 

PLWA