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Moniepoint raises extra $90 Million to power expansion into UK, Kenya
Over the medium to long term, Moniepoint aims to operate in five African countries.The post Moniepoint raises extra $90 Million to power expansion into UK, Kenya appeared first on Premium Times
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Kano, Katsina, Jigawa plan N50 billion fund to set up regional electricity market
The agreement was reached during a high-level electrification summit in Marrakech, Morocco, with the push expected to expand the scale of embedded generation, solar home systems, grid extension, and mini-grids.The post Kano, Katsina, Jigawa plan N50 billion fund to set up regional electricity market appeared first on Premium Times
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Inflation will moderate to 17.83 per cent, analysts project
Cowry Research has projected that Nigeria’s headline inflation will moderate to 17.83 per cent in October 2025, extending the downward trend observed in recent months.The post Inflation will moderate to 17.83 per cent, analysts project appeared first on The Guardian Nigeria News - Nigeria and World
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Naira slips by 1.37 per cent, faces fresh demand pressure
The Nigerian naira came under renewed pressure in the foreign exchange (FX) market last week, weakening against the dollar as foreign exchange (FX) demand continues to outstrip supply, despite the Central Bank of Nigeria’s (CBN) interventions to stabilise the market.The post Naira slips by 1.37 per cent, faces fresh demand pressure appeared first on The Guardian Nigeria News - Nigeria and World
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EDITORIAL
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NNPC Rakes In over N800bn from 30% Management...
Emmanuel Addeh in Abuja The Nigerian National Petroleum Company Limited (NNPC) has reported a combined N801.3 billion from Management Fees and Frontier Exploration Funds within the first nine months
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Oil Sees Third Weekly Loss Amid Signs of Glut...
Oil prices managed small gains through last week, but notched its third straight week of losses as traders grew increasingly concerned about over-supply. West Texas Intermediate (WTI) traded at
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MSMEs contribute half of Nigeria’s GDP, 84%...
Moniepoint identified limited access to finance, weak business structures, low digital adoption and poor infrastructure as the key challenges retarding informal sector growth.The post MSMEs contribute half of Nigeria’s GDP, 84% of jobs – Minister appeared first on Premium Times
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The coming rare earths trade war...
Yusuf Bangura (Switzerland): Sierra Leone Telegraph: 17 October 2025: Very insightful piece! Trump and Biden foolishly thought the cards for global technological dominance were in US hands. They forgot that the US had long ceded to China control of the basic resources that power technological innovation in modern economies—rare earths. [Read
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AfDB approves $500 Million strategy to drive ...
Sierra Leone Telegraph: 17 October 2025: The Board of Directors of the African Development Bank Group (AfDB) has approved a new Country Strategy Paper (CSP) for Sierra Leone for 2025–2030, committing approximately $500 million over the next five years to foster sustainable economic growth, strengthen resilience to fragility, and promote [Read
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Sun 19th October, 2025
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