news

  1. Munyaradzi Mafaro

    NUPRC’s transparent 2025 oil bid wins global praise

    A UK energy watchdog threw some praise at Nigeria's oil regulator after they dropped a new licensing portal that lets companies bid on 50 different blocks spread across offshore zones and frontier areas. The group said Gbenga Komolafe, running the upstream commission, basically cracked open the...
  2. Munyaradzi Mafaro

    NiMet soars under Anosike’s tech-driven weather revolution

    The weather agency boss grabbed a pile of awards after flipping operations upside down since landing the job two years back. Charles Anosike runs the meteorological outfit and swapped out old paper systems for digital flight briefing apps, rolled electric vehicles into airport operations, and...
  3. Munyaradzi Mafaro

    NUPRC eyes $10 billion from 2025 oil block auction

    The oil regulator guy running things says they could pull in around 10 billion bucks from companies bidding on exploration blocks over the next half year. Gbenga Komolafe runs the upstream petroleum commission and announced the portal went live for 50 different sites spread across onshore spots...
  4. Munyaradzi Mafaro

    Nigeria sails onto IMO Council with blue economy pledge

    Nigeria threw a thank-you lunch in London after landing a spot on the maritime organization's council, and the marine minister told everyone his country plans to actually show up and do the work. Adegboyega Oyetola said the election proves other nations still trust Nigeria to help shape global...
  5. Munyaradzi Mafaro

    CBN tightens credit rules to safeguard N4.14 trillion bank recapitalisation

    The central bank governor told people in Lagos that his crew is revamping the whole credit risk setup to make sure the roughly N4.14 trillion being raised through bank recapitalisation doesn't get blown on sketchy loans. Olayemi Cardoso said 27 lenders already tapped public offers and rights...
  6. Munyaradzi Mafaro

    Nigeria’s GDP ticks up to 3.98% as non-oil sectors lead growth

    The stats bureau dropped numbers showing the economy expanded close to 4 percent compared to the same stretch last year. Agriculture bumped up its performance from the previous year, and the industry segment also posted better growth than before. Services kept pulling most of the weight at just...
  7. Munyaradzi Mafaro

    Optiva declares global mobility the new African wealth frontier

    An investment firm out of Africa just dropped its take on what rich people need to worry about going forward, and it basically boils down to having backup plans across multiple countries. Franklin Nechi runs Optiva Capital Partners and told some business reporters that being stuck in one spot is...
  8. Munyaradzi Mafaro

    Air Peace CEO warns new tax law will ground airlines

    The boss at Air Peace told people in Abuja that domestic carriers will tank if a new tax package kicks in next year. Allen Onyema said his group plans to sit down with lawmakers and the president to hash out adjustments, and he thinks the administration will come through when operators make...
  9. Munyaradzi Mafaro

    House vows just energy shift as fossil reliance fades

    Lawmakers told a Lagos crowd they are serious about shifting the country away from oil and gas while keeping things fair for everyone involved. Speaker Tajudeen Abbas sent his media committee chair to a workshop run by advocacy groups, and the rep said parliament committees handling budgets and...
  10. Munyaradzi Mafaro

    FCMB crowned Nigeria’s top SME bank for 2025

    A Nigerian lender grabbed the top small business bank title after handing out nearly a quarter of all the cash that went to entrepreneurs last year. First City Monument Bank scored the award from the country's professional banking group after pumping money into farms, shops, telecom ventures...
  11. Munyaradzi Mafaro

    New ports law set to slash N6 billion in dispute losses

    The head of Nigeria's shippers group says a ports law stuck in final approval will end up saving importers and exporters about N6 billion every year by cutting down on legal fights and delays. Pius Akutah told people at a Lagos bar association event that the bill gives his council actual...
  12. Munyaradzi Mafaro

    Nigeria’s oil sector leaks billions as oversight falters

    A government commission and lawmakers dropped a report calling out Nigeria's oil sector for losing billions through sketchy accounting and toothless oversight rules. The paper showed the national petroleum company alone was on the hook for roughly 84 percent of $8.26 billion in missing revenue...
  13. Munyaradzi Mafaro

    Harare PCC vows to turn pledges into clinics and boreholes

    Party brass in Harare gathered to talk about actually following through on stuff they promised during zone meetings across the capital. Godwills Masimirembwa ran the session and said pledges for clinics, boreholes, and cash pools for local groups are moving from talk to action. He thanked a...
  14. Munyaradzi Mafaro

    Boyz Dzamdara roll out pig pens and wire mesh dreams

    A youth group tied to the ruling party just pulled in $60,000 from a presidential program meant to bankroll young people's business ventures around Zimbabwe. Hopewell Chako runs Boyz Dzamdara nationally, and he confirmed that four regions already got their share out of a total $200,000 pot that...
  15. Munyaradzi Mafaro

    Mpofu backs Murechu as Nkulumane’s hometown hope

    A ZANU PF senator told folks in Nkulumane to vote for Freedom Murechu during a weekend sports event that doubled as a campaign push. Molly Mpofu brought party members and youth together at Nketa 6 Grounds for an anti-drug tournament, where she called Murechu their homegrown candidate who grew up...
  16. Munyaradzi Mafaro

    NDIC urges estate surveyors to lock in asset accuracy

    The head of Nigeria's deposit insurance group told the country's estate valuers to keep working closely with them during a meeting in Abuja. Oludare Sunday explained that his agency needs trustworthy property assessments when banks go under because accurate numbers help them sell assets at good...
  17. Munyaradzi Mafaro

    Nigeria bets big on agroecology to feed its future

    Nigeria's agriculture ministry teamed up with ActionAid to push a big shift toward sustainable farming methods at a two-day summit in Lagos. The event focused on validating a national agroecology strategy that could reshape how the country grows food while dealing with climate problems. Dr...
  18. Munyaradzi Mafaro

    Lagos leads as Nigeria’s debt soars past N152 trillion

    Nigeria just reported that its total government debt hit N152.39 trillion during the second quarter of this year, and Lagos State came out as the biggest borrower among all the states. The National Bureau of Statistics broke down the numbers to show external obligations reached N71.84 trillion...
  19. Munyaradzi Mafaro

    CRS pushes disability inclusion in Gambia schools and communities

    A workshop in The Gambia reviewed a European Union-funded disability inclusion project. Catholic Relief Services and partners like the Gambia Federation of the Disabled are running the program. The initiative focuses on inclusive education and community awareness for children with disabilities...
  20. Munyaradzi Mafaro

    SADC Tribunal still shuttered, Zimbabwe defies 2007 land ruling

    Seventeen years after a major regional court ruling, Zimbabwe continues to ignore the judgment, and the tribunal remains closed. The SADC Tribunal found Zimbabwe's land seizure program illegal and discriminatory in the Campbell case. It ordered compensation for dispossessed farmers, which was...
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