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Nigeria can generate $1bn from leather sector, says NESG’s report

Nigeria can generate $1bn from leather sector, says NESG’s report

Nigeria, one of the highest producers of leather and finished leather products in Africa, is said to have the potential to generate about $1 billion, this year (2025), a Nigerian Economic Summit Group`s report, has indicated. The leather value...

17 soldiers killed as troops repel bandits advance in Niger – Army

17 soldiers killed as troops repel bandits advance in Niger – Army

Seventeen soldiers have been confirmed dead following a long gun battle with suspected armed bandits in the Bangi axis of Mariga Local Government Area of Niger State. The clash, which occurred late Tuesday night, was part of a coordinated military...

NERC transfers regulatory oversight of Abia state electricity market to ASERA 

NERC transfers regulatory oversight of Abia state electricity market to ASERA 

The Nigerian Electricity Regulatory Commission (NERC) has announced the transfer of regulatory oversight of the electricity market in Abia State from the Commission to the Abia State Electricity Regulatory Authority (ASERA). The announcement was...

Alleged Fraud: Court grants forefeiture of N335 million, Galaxy Hospital, 5 Petrol Stations, lands  

Alleged Fraud: Court grants forefeiture of N335 million, Galaxy Hospital, 5 Petrol Stations, lands  

The Federal High Court, Abuja, on Monday granted a final forfeiture order against several assets and funds following the Economic and Financial Crimes Commission’s advanced fee fraud allegations. The affected assets include Galaxy Hospital...

20 soldiers killed by bandits in Niger

20 soldiers killed by bandits in Niger

About 20 soldiers have been killed in an an attack on their base by bandits around Kwanan Dutse in the Mariga Local Government Area of Niger State. A security source in neighbouring Shiroro LGA, who was briefed by his colleagues, told PREMIUM...

We lose N1.6 billion monthly to energy theft in Niger – AEDC

We lose N1.6 billion monthly to energy theft in Niger – AEDC

The Abuja Electricity Distribution Company (AEDC) has said the company loses N1.6 billion, constituting 50 per cent of electricity supply in Niger State to energy theft and vandalism. The company made this known during a media parley and...

Maroc Telecom raises $330 million in bond issuance on local market

Maroc Telecom raises $330 million in bond issuance on local market

RABAT: Maroc Telecom, Morocco's largest telecoms operator, has raised 3 billion dirhams ($330 million) in its first private bond issuance on the domestic market, it said on Tuesday. The bond, with a two-year maturity and bullet repayment, was...

Ensuring accurate, transparent trade statistics: A strategy for economic growth

Ensuring accurate, transparent trade statistics: A strategy for economic growth

Trade statistics serve as the backbone of economic planning, investment decisions, and policy formulation. For Nigeria, Africa’s largest economy and a key player in global trade, accurate and transparent trade data is essential for effective...

UNICEF, IHS support 30,000 Niger flood victims

UNICEF, IHS support 30,000 Niger flood victims

In a joint emergency intervention aimed at addressing the devastating impact of recent floods in Niger State, the United Nations Children’s Fund and IHS Nigeria have launched a comprehensive humanitarian response to support more than 30,000...

AEDC loses N1.6bn monthly to non-paying customers in Niger

AEDC loses N1.6bn monthly to non-paying customers in Niger

The Abuja Electricity Distribution Company, AEDC, Niger Zone, has revealed that it loses a staggering N1.6 billion monthly due to non-payment of electricity bills by consumers in Niger State. The AEDC Managing Director, Engr Chijioke Okwuokenye,...

Rising insecurity threatens Nigeria’s economic reform gains

Rising insecurity threatens Nigeria’s economic reform gains

President Bola Tinubu’s market-friendly reforms are beginning to restore investor confidence and stabilise Africa’s top oil producer after years of policy missteps, but a surge in insecurity is threatening to undermine the progress. Since taking...

Ghana courts Chinese investors with 24-hour economy incentive 

By Francis Ntow Accra, June 24, GNA – The Chief of Staff, Mr. Julius Debrah, has urged Chinese manufacturers to take advantage of Ghana’s 24-hour economy initiative, highlighting it as a major incentive for profitable investment. Speaking at the...

Katsina Business Mogul, Mangal, Donates N80m for Urology Surgeries 

Katsina Business Mogul, Mangal, Donates N80m for Urology Surgeries 

Francis Sardauna in Katsina A business tycoon and philanthropist, Alhaji Dahiru Mangal, has expended N80 million to sponsor urology surgeries and treatment for vulnerable patients in Katsina and neighbouring states. Mangal, a Katsina-based...

Mali signs trade deal with Russia as ties strengthen

Mali signs trade deal with Russia as ties strengthen

Mali and Russia have signed a series of agreements aimed at expanding mutual trade and strengthening economic ties. Among them is a pledge for greater cooperation on nuclear energy, according to details released by the Kremlin. The announcement of...

Top 5 Stories Of The Day | States Begin Electricity Market Control Amid Mixed Reactions

Top 5 Stories Of The Day | States Begin Electricity Market Control Amid Mixed Reactions

States begin electricity market control amid mixed reactions Kogi Poly expels 6, orders withdrawal of 273 students over exam malpractices Petrol price hits ₦945 in Abuja, ₦915 in Lagos as fuel costs surge again Trump announces Iran-Israel...

Iran still exporting gas to Turkey, is ‘major’ supplier for Turkish market: minister

Iran is still exporting gas to Turkey and remains a “major” supplier for the Turkish market, Turkey’s energy minister, Alparslan Bayraktar, said June 19. Speaking at the St. Petersburg International Economic Forum, Bayraktar also said he hoped...

ECOWAS begins process for smooth exit of Burkina Faso, Mali, Niger

ECOWAS begins process for smooth exit of Burkina Faso, Mali, Niger

The Economic Community of West African States (ECOWAS) has appointed a Chief Negotiator to oversee the orderly withdrawal of Burkina Faso, Mali, and Niger from the regional bloc. The decision was made during the 67th Ordinary Session of the...

Anambra Company Denies Reports Linking Soldiers To Molestation Of Staff

Anambra Company Denies Reports Linking Soldiers To Molestation Of Staff

Share The Chief Security Officer of the Transtell company and Envoy Group, Onitsha, Anambra state, Mr. Ralph Njoku, has dismissed social media report which claimed that soldiers from the 302 Artillery Regiment, Onitsha, molested and threatened...

Tinubu: I’m Confident Mali, Burkina Faso and Niger Will Return to Ecowas Soon

Tinubu: I’m Confident Mali, Burkina Faso and Niger Will Return to Ecowas Soon

*Expresses deep concern over slow pace of activating ECOWAS standby force *Hands over leadership to Sierra Leonean counterpart, Maada Bio, canvasses vigilance, unity, inclusive growth in region *Says body will reshape regional economic diplomacy...

Nigeria Bids Farewell to Buhari as Tinubu, and other Global Leaders Attend Burial in Daura

Nigeria Bids Farewell to Buhari as Tinubu, and other Global Leaders Attend Burial in Daura

Nigeria on Tuesday paid its last respects to former President Muhammadu Buhari as his remains were interred in Daura, Katsina State, in a ceremony attended by top political figures, global dignitaries, and thousands of mourners. President Bola...

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