W/Bank Seeks To Boost Electricity Trade In West Africa     The World Bank Board of Directors has approved a total of $300m in International Development Association credits and grants to support reforms that will help promote electricity trade in West Africa. “The West Africa Regional Energy Trade...

Nigeria, Others Lose $2.3bn To Maritime Crime In Two Years   The littoral states in the Gulf of Guinea Region, that is West Africa and its trading partners lost about $2.3billion to Maritime Crimes between 2016 and 2018, the Director General of the Nigerian Institute of...

Cost Of Electricity In West Africa Now Highest Globally   Power consumers in Nigeria and other West African countries pay the highest amount of money for electricity when compared to what obtains in other parts of the world. According to the West African Power Pool, the cost...

OPEC: Dangote Refinery’ll Reduce Fuel Imports In W/Africa The Organisation of Petroleum Exporting Countries has said the refinery being built by Dangote Group is expected to reduce the need for fuel imports in W/Africa. OPEC, in the current edition of its World Oil Outlook, noted that...

Mobile Ecosystem In West Africa To Hit $50bn By 2022     Considering the strong growth in mobile subscription and mobile broadband across West African countries, Nigeria inclusive, a new GSMA study, which was released at the recently concluded Mobile 360 African Forum in Abidjan, Côte d’Ivoire,...

The International Monetary Fund has warned that the current economic crisis in Nigeria may spill over to the rest of West Africa with negative consequences. It also raised the alarm that Nigeria was spending too much of her revenue to service debts, noting that this...