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The Lagos State Government has signed Power Purchase Agreements (PPAs) and concession arrangements with three independent power producers (IPPs) as part of efforts to expand electricity generation capacity to between 200MW and 400MW within the next few years. The agreements…
Read moreAuthorities in Mali have imposed a 72-hour nightly curfew in the capital, Bamako, following a wave of coordinated attacks that struck the city and other regions. The curfew, announced by Governor Abdoulaye Coulibaly, runs from 21:00 to 06:00 local time and took…
Read moreThe African Energy Chamber (AEC) has reaffirmed its decision to boycott the upcoming Africa Energies Summit in London over concerns about a lack of local content and African representation. This was disclosed in a statement issued by the chamber, which…
Read moreNigeria’s aviation sector is facing mounting pressure as taxes, fees and regulatory levies consume as much as 35% of airline revenues, according to the Centre for the Promotion of Private Enterprise (CPPE), which has warned that the burden is undermining…
Read morePrivate participation in Africa’s airport sector is expanding, but remains structurally limited compared to global aviation markets. Most airports across the continent are still state-owned, with private capital entering primarily through concessions, public-private partnerships (PPPs), and long-term infrastructure leases rather…
Read moreWe typically do not look at private companies, but having previously looked at SunBeth, we entered a rabbit hole trying to find the next Presco / Okomu story. Since we got access to its financials, we decided to give it…
Read moreThe National Drug Law Enforcement Agency (NDLEA) has intercepted 10,000 pills of the highly addictive amphetamine known as Captagon in Kwara State In a statement by the agency, the seizure comes nearly five years after the first recorded interception of Captagon in…
Read moreThe Nigerian Exchange closed the week ended April 24, 2026, in positive territory, gaining 8,554.92 points to settle at 225,722.49 points and extending its strong upward momentum. Tracked by the All-Share Index, this marks a weekly increase of 3.94% from the previous…
Read moreAfrica’s aviation sector continues to grow, supported by rising passenger demand, stronger regional connectivity, and recovery in domestic and international markets. According to OAG, a global aviation data provider, Africa’s aviation market recorded broad-based growth in April 2026, with total…
Read moreFood prices across major Lagos markets recorded mixed but largely easing trends in April, offering temporary relief for households even as structural cost pressures remain firmly in place. The ease is attributable to improved supply conditions and easing logistics pressures, as the price of fuel…
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