Minister Woos Investors To Nigerian Maritime At Global Shipping Week

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has called on international investors to explore the vast opportunities in Nigeria’s marine and blue economy, describing the sector as a gateway to Africa’s economic transformation. The...

Nigeria Woos Global Investors at London Shipping Week to Boost Marine, Blue Economy

Nigeria made a compelling pitch to global investors at the 2025 London International Shipping Week, urging them to tap into the vast potential of its marine and blue economy as a catalyst for Africa’s economic growth. Speaking at the Africa...

Guinea Insurance Premium Hits N2.94bn As Shareholders Approve Recapitalisation Plan

Guinea Insurance Plc shareholders have approved the company’s raising additional capital when necessary, in accordance with the Nigerian Insurance Industry Reform Act 2025 (NIIRA 2025). The shareholders, at the company’s 67th annual general...

Nigeria’s maritime fortune: Wasting assets in a $2trn industry

BY MUNTASIR ADAMU KANAM Let us strip away the illusions: Nigeria does not suffer from a shortage of ships. What we suffer from is a shortage of seriousness. On paper, we look impressive — over 4,000 flagged vessels and more than 1,000 cabotage...

Why DroneShield, Novonix, Predictive Discovery, and Weebit Nano shares are charging higher

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The Fodder Grass Museum in Thiruvananthapuram showcases different varieties of fodder grass and fodder crops

It might sound odd to call a small plot overgrown with grass a museum. But the half-acre parcel of land on the premises of the office of the State Fodder Farm at Valiyathura in Thiruvananthapuram is actually one. It is the Fodder Grass Museum,...

Guinea Insurance Gets Approval To Raise Additional Capital

0 Guinea Insurance PLC has been given a nod by its shareholders to raise additional funds for the ongoing recapitalization exercise in the sector in line with the Nigerian Insurance Industry Reform Act 2025 (NIIRA 2025). At the firm’s 67th Annual...

The Oct 5 Show

From Perth to Hobart, the Oct 5 edition of Macca’s program unfolded like a road map of Australia — conversations stitched together by travel, music, work and memory. It was a Sunday morning soundtrack of real voices: people doing what they do...

Stakeholders decry war premiums’ burdening on shipping sector

Despite sweeping gains in maritime security, including Nigeria’s removal from piracy-prone and high-risk zones, shipowners still pay crippling war risk insurance premiums on Nigeria-bound cargoes. Stakeholders say the charges, amounting to over...

Guinea Insurance gets shareholder nod for recapitalisation

The shareholders of Guinea Insurance Plc have approved the firm to raise additional capital as may be required due to the signing of the Nigerian Insurance Industry Reform Act 2025. The approval was given at the 67th Annual General Meeting of the...

Liberia: First ever solar energy plant set for October launch

The first solar power plant in Liberia is on track to be inaugurated in October, the government confirmed recently as the country looks to wean itself off an over-reliance on hydropower. “The Government of Liberia, through the Ministry of...

Ashapura Minechem signs long-term strategic cooperation deal with China Railway to develop Guinea bauxite project

Ashapura Minechem Limited announced that its overseas subsidiary has signed a long-term strategic cooperation agreement with China Railway, a Global Fortune 500 company, to jointly develop the Boffa bauxite deposit in Guinea. The agreement,...

Inflation Drops to 20.12% Amid Moderation in Energy, Food Prices

•Severe in Ekiti, Kano, Oyo, others •FG orders customs to suspend 4% FOB on imported goods •Declares levy imposes increased financial burden, hampers trade facilitation, economic stability James Emejo in Abuja The Consumer Price Index (CPI), which...

GTP Chair Urges FG To Link 28 States To Waterways 

The Chairman of Global Transport Policy (GTP), Dr Olusegun Musa, has urged the Federal Government to link 28 states in the country to waterways transport for economic transformation. Musa made the call during the 10th Lagos International Maritime...

Political transitions in Africa and the mining sector: an outlook for the remainder of 2025 and 2026

Key takeaways Several major elections will take place across Africa in the remainder of 2025 and 2026. This includes elections in resource-rich states, with significant foreign investment in the mining sector. It is essential that mining companies...

Adani-run Mundra Port handles first export shipment of four hi-tech locos made by Wabtec to Guinea

The locomotives are manufactured at the plant of Wabtec Locomotive Pvt Ltd in Marhowrah, Saran, Bihar, under a collaboration with Indian Railways.MUMBAI: Mundra Port, India’s biggest commercial port and the flagship of Gautam Adani-led Adani Ports...

Gulf of Guinea Round-Table: Global CEOs, Top Diplomats, Ministers, Govs Meet in New York

Ambassador Ibrahim Gambari to chair forum By Louis Achi Global CEOs, top diplomats, ministers, governors and industry leaders gather in New York to unlock the Gulf of Guinea’s over $800 billion energy, oil & gas, aviation, minerals and maritime...

Merger to create new $2 billion Africa-focused gold company

Image source: Getty Images Predictive Discovery Ltd (ASX: PDI) and Robex Resources Inc (ASX: RXR) have announced plans to merge, creating a West Africa-focused gold company worth more than $2 billion. The companies announced on Monday morning that...

Global leaders gather to unlock $800bn Gulf of Guinea investments

As the 80th United Nations General Assembly opens, global CEOs, top diplomats, ministers, governors, and industry leaders from over a dozen countries are set to gather in New York for a high-level roundtable. The event, titled “Unlocking Energy,...

Sokoto government disburses N293m, 1,540 bags of food items to victims of bandits attacks in Isa, Sabon Birni LGAs

The Sokoto state government has disbursed N293 million and 1,540 bags of rice, millet, maize, and guinea corn to victims of bandit attacks and internally displaced persons (IDPs) in Isa and Sabon Birni local government areas of the state. Governor...