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Grangemouth Oil Refinery to Shut Down in 2025

Ethiopia Partners with Dangote Group on $2.5 Billion Fertilizer Plant to Boost Agriculture and Food Security

The Ethiopian government has entered into a landmark $2.5 billion shareholder investment agreement with the Dangote Group to establish a large-scale fertilizer production complex. This development, announced by Prime Minister Abiy Ahmed Ali, represents a major step in the country’s quest for agricultural transformation and food self-sufficiency. In a statement,…

Nigeria’s Diaspora Remittances Triple to $600 Million Monthly, Set to Hit $1 Billion by 2026 — CBN

In a significant development for Nigeria’s economy, the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has announced a remarkable 200 percent increase in diaspora remittances over the past two months. Speaking during the Delta State-Brazil Business and Investment Roundtable in São Paulo, Brazil, Cardoso disclosed that…

Access Holdings Appoints Innocent Ike as Group MD/CEO, Bolaji Agbede Returns to Executive Director Role

Access Holdings Plc has officially confirmed the appointment of Mr. Innocent Ike as the new Group Managing Director and Chief Executive Officer (MD/CEO), effective August 29, 2025. This announcement follows the successful acquisition of regulatory approval, marking a significant leadership transition for the financial holding company. The appointment was disclosed…

Organisations Face Sanctions as NDPC Enforces 2023 Data Protection Act Compliance

The Nigeria Data Protection Commission (NDPC) has launched a comprehensive sector-specific investigation targeting organisations suspected of breaching the Nigeria Data Protection Act (NDPA) of 2023. This development was confirmed in a statement issued in Abuja by Mr. Babatunde Bamigboye, Head of Legal, Enforcement, and Regulations at the commission. Bamigboye stated…