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Olaosun Rebecca

Nigeria’s Data Protection Sector Exceeds N16.2 Billion In Value

The Nigerian Data Protection Commission (NDPC) has announced that the country's data protection ecosystem is now valued at over N16.2 billion. This growth highlights...

Dangote, NNPC Seal Gas Supply Deals To Boost Refinery Expansion

Dangote Industries Limited (DIL) has signed gas supply agreements with the Nigerian National Petroleum Company (NNPC) Limited for three of its major subsidiaries, aiming...

FAAC Allocates ₦1.97 Trillion December Revenue To Governments

The Federation Account Allocation Committee (FAAC) has allocated ₦1.969 trillion to the Federal Government, states, and local government councils as Federation Account revenue for...

Lagos Assembly Schedules Meeting With Makoko Community Leaders

The Lagos State House of Assembly has called on leaders of communities impacted by the Makoko demolition and nearby waterfront settlements for a meeting...

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Guinea Moves To Become West Africa’s Gold Refining Hub With New Export Ban

Guinea is stepping up efforts to become a leading gold refining hub in West Africa as it seeks to process more of its precious metals locally instead of exporting raw gold abroad. Mines Minister Bouna Sylla said the country has built one of Africa’s largest gold refineries, with...

IMF Says Malawi Loan Programme Depends On Government’s Reform Commitment

The International Monetary Fund (IMF) says it is prepared to move quickly on a new credit programme for Malawi but has stressed that any financial support will depend on the government’s commitment to implementing key economic reforms. IMF Resident Representative Nelnan Koumtingue said discussions with Malawian authorities are...

FCCPC Warns Fuel Marketers Against Exploiting As Global Oil Prices Fall

The Federal Competition and Consumer Protection Commission (FCCPC) has warned operators in Nigeria’s downstream petroleum sector against exploiting consumers by failing to reflect the significant decline in global crude oil prices in retail fuel prices. As of the time of filing this report, global benchmark Brent crude was...