The digital future of Africa will be written not with ink, but with code, protocols, and decisive action. At the heart of this transformation lies a critical, non-negotiable imperative: the secure and…
Category: Business & Economy
From fragility to foundations: Inside PBAT’s political economy, by Tanimu Yakubu
In early 2024, Nigeria’s naira collapsed to ₦1,800 per dollar, rattling households and businesses alike. By August 2025, it had strengthened to ₦1,525. For President Bola Ahmed Tinubu, this was not…
Revealed: Real reason Nestlé dismissed CEO Laurent Freixe
Laurent Freixe was removed from the top job at Nestlé because of an “undisclosed romantic relationship with a direct subordinate”. It was the company’s anonymous reporting platform Speak Up that first raised…
OPEC oil output rises further in August – Survey shows
September 4, 2025 OPEC’s oil output rose further in August after an OPEC+ agreement to raise production, a Reuters survey found on Thursday, mainly reflecting higher production by the United Arab Emirates…
Nestle fires CEO Laurent Freixe over affair with female employee
Swiss food giant Nestlé has dismissed its CEO, Laurent Freixe, with immediate effect. The sack follows an investigation into a previously undisclosed relationship with a female employee who reported directly to him….
Lagos attracts $6bn in FDI into tech startup ecosystem in 5 years – Sanwo-Olu
As proof of its status as “Africa’s innovation capital”, Lagos state has attracted over $6 billion in foreign direct investment into its technology startup ecosystem between 2019 and 2024. Lagos Governor, Mr….
Nigeria’s Dangote refinery gasoline unit could be shut for 2-3 months – IIR says
September 4, 2025 The gasoline unit at Nigeria’s 650,000 barrel-per-day Dangote refinery may be shut for 2-3 months for repairs, industry monitor IIR Energy told clients on Thursday, which could lead to…
FIRS approves eTranzact for nationwide e-invoicing
Sept. 4, 2025 The Federal Inland Revenue Service (FIRS), has approved eTranzact International PIc as a certified provider for its nationwide e-invoicing rollout, expanding a collaboration that begun with VAT automation under…
Nigeria’s TotalEnergies deal marks shift to gas development
September 3, 2025 Nigeria’s production-sharing contract with TotalEnergies its first guided by a new law designed to boost the OPEC member’s gas production, will serve as a template for future deals, the…
Dangote refinery’s gasoline unit expected to be offline for at least two weeks – Sources say
September 3, 2025 The gasoline producing unit at Nigeria’s 650,000 barrel-per-day Dangote refinery has been taken offline due to catalyst leaks and other issues, with repairs expected to take at least two…