Nigerians struggle with basic needs

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Africa's largest economy, Nigeria, is struggling with the inflationary pressure that results from Russia's war in Ukraine. Faced with soaring costs many Nigerians are now buying basic...

IPMAN to partner with EFCC in fight against distribution of illegally...

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The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it would partner with the Economic and Financial Crimes Commission (EFCC) in the fight against...

EU looks to replace gas from Russia with Nigerian supplies

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The European Union is seeking additional gas supplies from Nigeria as the bloc prepares for potential Russian supply cuts, Matthew Baldwin, deputy director general...

NEPC seeks stakeholders’ support in promoting non-oil exports

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The Nigerian Export Promotion Council (NEPC) has reaffirmed its commitment to collaborate with key stakeholders in developing and promoting the non-oil export sector. The Executive...

Cameroonians queue for fuel as shortages hit the capital

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Scenes like this of people lining up at gas stations in Cameroon's capital, jerrycans in hand are becoming commonplace. Most fuel stations have run out...

Fears of unrest as food prices soar in South Africa

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The rising price of basic foods is worsening South Africa's food security crisis which could increase social instability and spark a repeat of the...

Europe plans to force countries to ration gas as Russia weaponizes...

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The "Save Gas for a Safe Winter" plan announced Wednesday sets a target for the 27 member states to reduce their gas demand by...

World moving backwards on eliminating hunger and malnutrition- UN report warns

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The number of people affected by hunger globally rose to as many as 828 million in 2021, an increase of about 46 million since...

Egypt: First electrified light rail transit system begins operations

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Egypt's first electrified light rail transit (LRT) system jointly built by Chinese and Egyptian companies started its trial run on Sunday.  Egyptian President Abdel-Fattah al-Sisi...

Egypt: Suez Canal announces record $7bn profit in 2021-2022

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The Suez Canal on Monday announced a record profit of $7 billion (about 6.7 billion euros) for the 2021-2022 fiscal year, after repeatedly raising...