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China has long dominated the global supply of solar panels, inverters, and other key renewable energy components, including in African markets. However, a growing push for local manufacturing across the continent could begin to reshape that landscape.
Nigeria’s apex bank is introducing a new benchmark financing rate. According to the bank, the framework is designed to reflect the actual cost of short term funding within the financial system. Here are some key facts about the new rate.
Despite abundant gas reserves and years of investment, rising LPG prices are pushing many Nigerian households back to charcoal and firewood, threatening the country’s clean cooking ambitions.
Nigeria’s foreign reserves hit $50.11 billion, a 17-year high, fueled by oil gains, remittances, and FX reforms—but analysts warn the rebound may hinge on fragile global conditions.
Brand Press:
Most financial infrastructure was built in markets where payments already…
Eterna Plc and Fuelmetrics launch self-service fuel stations in Nigeria,…
Y Combinator-backed fintech Bujeti has launched a tax management product…
Planning to make contactless payments? Cardtonic Introduces Platinum Card to…
Target Yield offers Nigerians a disciplined goal-driven investment structure with…
In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…
Rana Energy, an AI-powered Clean Energy-as-a-Service ecosystem, announced the successful…
Schneider Electric, the leader in the digital transformation of energy…
Lagos, Nigeria – August 26, 2025 – All On, a Shell-funded…
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Post hereMost financial infrastructure was built in markets where payments already…
Eterna Plc and Fuelmetrics launch self-service fuel stations in Nigeria,…
Y Combinator-backed fintech Bujeti has launched a tax management product…
Planning to make contactless payments? Cardtonic Introduces Platinum Card to…
Target Yield offers Nigerians a disciplined goal-driven investment structure with…
In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…
Rana Energy, an AI-powered Clean Energy-as-a-Service ecosystem, announced the successful…
Schneider Electric, the leader in the digital transformation of energy…
Lagos, Nigeria – August 26, 2025 – All On, a Shell-funded…
You can post on Techpoint Africa too!
Post hereOther highlights
Nigeria’s economy looks better on paper. Inflation is falling, the naira is steadier, and reserves have hit a 17-year high. But lower inflation does not mean lower prices — and for millions of Nigerians, the recovery has yet to arrive.
After decades of state-led development, Ethiopia is liberalising under Abiy Ahmed. But critics believe the prime minister’s policies may be leaving out its most vulneable.
Africa’s fuel import dependency makes it acutely vulnerable to Hormuzflation. With 29 currencies weakening and food transported almost entirely by road, oil price surges hit hardest in South Africa, Nigeria, Ghana, and Kenya — where inflation and debt collide.
News of the proposed IPO has generated excitement among investors, fund managers and policymakers. Supporters believe it could deepen liquidity in Nigeria’s capital market and attract fresh domestic and foreign investment.
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