Business

NCDMB, Dangote push for stronger local supply chains

NCDMB, Dangote push for stronger local supply chains

Nigeria’s ability to retain more economic value from industrial investments depends not only on the facilities it builds but also…
Inside Nigeria’s ₦6.08 trillion bank liquidity puzzle

Inside Nigeria’s ₦6.08 trillion bank liquidity puzzle

Nigeria’s banks had more than ₦6 trillion deposited with the Central Bank of Nigeria (CBN) by 16 October 2026. The…
Moove’s ₦35bn exit: The business lessons for Nigeria’s mobility startups

Moove’s ₦35bn exit: The business lessons for Nigeria’s mobility startups

A business can solve a real problem, attract thousands of customers and grow beyond its home market, yet still struggle…
NCDMB identifies asset access as next hurdle for indigenous oil firms

NCDMB identifies asset access as next hurdle for indigenous oil firms

Indigenous oil and gas companies in Nigeria need greater access to industry assets, financing, technology and markets to build on…
Nigeria’s unreliable grid is opening the door for clean-tech businesses

Nigeria’s unreliable grid is opening the door for clean-tech businesses

For years, the gap between what the grid could provide and what businesses needed was filled by petrol and diesel…
Nigeria’s LPG market is growing. The price problem remains.

Nigeria’s LPG market is growing. The price problem remains.

For years, Nigeria has wanted more people to use LPG, and the market is building for that future. More gas…
Africa imports $100bn in food as local processing struggles to keep up

Africa imports $100bn in food as local processing struggles to keep up

Africa’s food challenge is not simply a question of production. The continent has the land, farmers and resources to produce…
NCDMB turns internal expertise into training platform for staff, industry

NCDMB turns internal expertise into training platform for staff, industry

The Nigerian Content Development and Monitoring Board (NCDMB) is opening up the knowledge within its seven directorates through a new…
PETAN sees 500,000bpd deepwater boost as Nigeria targets 3mbpd

PETAN sees 500,000bpd deepwater boost as Nigeria targets 3mbpd

The Petroleum Technology Association of Nigeria (PETAN) says major deepwater projects expected to begin drilling this year could add as…
NCDMB opens Nigeria’s oil and gas market to Chinese manufacturers

NCDMB opens Nigeria’s oil and gas market to Chinese manufacturers

Nigeria is asking Chinese oil and gas equipment manufacturers to look beyond the size of its market and consider what…
CBN slashes MPR to 23%, but when will businesses feel it?

CBN slashes MPR to 23%, but when will businesses feel it?

The Central Bank of Nigeria has made a major turn towards cheaper money, cutting its Monetary Policy Rate (MPR) by…
DR Congo looks to Nigeria for lessons on building local content

DR Congo looks to Nigeria for lessons on building local content

The conversation around local content in Africa is beginning to move beyond individual countries trying to build capacity on their…
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