Nigeria

Egypt’s natural gas vehicles company Cargas is exploring expansion into Nigeria through compressed natural gas…

Egypt’s Petroleum Minister Karim Badawy met Nigeria’s Minister of State for Petroleum Resources Ekperikpe Ekpo on…

Nigeria signed a production-sharing contract with TotalEnergies and South Atlantic Petroleum for two offshore…

Nigeria has approved a phased plan to refinance 4 trillion naira ($2.61 billion) in electricity sector debt to…

Nigerian President Bola Ahmed Tinubu received Egyptian Foreign Minister Badr Abdel-Aty on Monday evening. During…

Egypt, represented by the Future of Egypt for Sustainable Development Authority, and Nigeria, represented by Dar Al…

Egyptian Foreign Minister Badr Abdel-Aty reaffirmed the African Union’s backing of Dr Khaled El-Anany’s candidacy…

Trade volume between Egypt and African Union countries reached $9.8 billion in 2024 against $9.2 billion in 2023, a…

Trade volume between Egypt and African Union countries reached $9.8 billion in 2024, marking a 6.5 per cent…

Egypt’s Foreign Minister Badr Abdel-Aty held a series of phone discussions on Monday with the foreign ministers of…

Nigeria’s Economic and Financial Crimes Commission (EFCC) recovered nearly $500 million in illicit funds and…

The Egypt Energy Show (EGYPES 2025) hosted a ministerial session on energy security and competitiveness, featuring…

President Abdel Fattah El Sisi inaugurated the Egypt Energy Show (EGYPES 2025) in Cairo, on Tuesday, under his…

Egypt’s Minister of Agriculture and Land Reclamation, Alaa Farouk, held a meeting with Nigeria’s Minister of…

Egypt's Ministry of Investment and Foreign Trade hosted the Egypt-Nigeria Business Forum under the theme…

Access Bank Plc, Nigeria's largest lender by assets, successfully raised 351 billion naira ($228 million) in rights…

The volume of trade exchange between Egypt and the D-8 Organisation for Economic Cooperation has increased to reach…

Nigeria will auction undeveloped oil and gas blocks next year, focusing on natural gas development to align with…

The Central Bank of Egypt (CBE) approved joining the Pan-African Payment and Settlement System (PAPSS) in November…

Nigeria's economy expanded 3.46 per cent year-on-year in the third quarter of 2024, marking an acceleration from…

Nigeria has taken a significant step towards reviving its dormant aluminium industry by signing a $1.2 billion…

Nigeria's inflation rate increased to 32.70 per cent in September 2024, up from 32.15 per cent in August, marking a…

IFC and South Africa's Absa Group are partnering to provide a $50 million trade finance facility to Valency…

Nigeria's headline inflation rate eased slightly in August 2024, decelerating from 33.40 per cent in July to 32.15…

The European Union's agri-food trade surplus remained stable at €5 billion in May 2024, slightly down from the same…

Chinese lenders approved $4.61 billion in loans to Africa in 2023, the first annual increase since 2016, according…

Nigeria's Dangote refinery is negotiating with Libya to secure crude for its 650,000 barrels per day (bpd) plant…

Nigeria is tackling soaring food inflation, the worst in three decades, with new measures. The government plans a…

The Bahamas, the first country to issue a central bank digital currency (CBDC), is drafting regulations to mandate…

Nigeria plans to spend 5.4 trillion naira ($3.7 billion) in 2024, a 50 per cent increase from 2023, to maintain…

Nigeria’s economy received a boost of N309 billion following the initiation of dry season farming, focusing on…

Zimbabwe's telecommunications regulatory authority has approved Elon Musk's Starlink, the satellite arm of SpaceX,…

Nigeria's central bank has implemented a significant adjustment, raising its benchmark lending rate from 24.75 per…

The Nigeria's naira has sharply declined since mid-April, with a 28-year high inflation rate likely prompting the…

Nigeria has extended an invitation to international investors possessing both financial prowess and technical…

Microsoft Corporation has closed down the engineering division of its Africa Development Center in Nigeria, just…

Nigeria's central bank announced on Monday it will introduce a 0.5 per cent levy on all domestic electronic…

Nigeria secured a significant $600 million investment in its seaport infrastructure from Danish shipping giant A.P.…

Turkey and US energy giant ExxonMobil are in talks to explore a significant deal aimed at purchasing liquefied…

Nigeria has reached an agreement with Shell for the supply of gas to its proposed $3.8 billion Brass methanol…