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As global tourism hits a record high, Africa saw an 8 percent rise in arrivals in 2025 to 81 million, with Morocco and Tunisia posting particularly strong results.

The United Nations says floods in Mozambique have spiralled into a rapidly escalating emergency.

By Udeme Akpan, Energy Editor Local refineries and gas processing plants, led by the Dangote Petroleum Refinery and NLNG Limited, supplied 87% of Nigeria’s domestic Liquefied Petroleum Gas (LPG), also known as cooking gas, in 2025, significantly reducing the country’s dependence on imports. Findings by Vanguard showed that the sharp rise in domestic supply marked a major […] The post Local refineries supply 87% of Nigeria’s cooking gas in 2025 appeared first on Vanguard News.

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has described the Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates (UAE) and Nigeria as a major strategic milestone in Nigeria’s economic transformation agenda. Recall that UAE and Nigeria recently has signed the CEPA deal which is aimed at eliminating tariffs on […] The post UAE, Nigeria’s economic deal, major strategic milestone — NACCIMA appeared first on Vanguard News.

The federal government has unveiled the Nigerian Industrial Policy (NIP) aimed at driving value addition, industrial growth, employment creation across the country, and ensuring that the manufacturing sector contributes up to 25 percent to the nation’s Gross Domestic Product (GDP). Minister of State for Industry, Senator John Enoh, stated this at the soft launch of the […] The post Nigerian Industrial Policy: FG targets 25% manufacturing contribution to GDP appeared first on Vanguard News.

Wildfires burning in Franschhoek, east of Cape Town flared up on Tuesday, leaving fire crews scrambling to contain the blaze once again.

By Yinka Kolawole The federal government, through the Presidential Committee on Fiscal Policy and Tax Reforms, has highlighted some of the incentives in the new tax laws aimed at boosting the manufacturing sector in Nigeria. Speaking at a stakeholders engagement with the Manufacturers Association of Nigeria (MAN) themed, “From Legislative Assembly to Factory Floor: What the […] The post FG highlights incentives to boost manufacturing under new tax laws appeared first on Vanguard News.

By Babajide Komolafe Businesses across key sectors of the   economy are grappling with prohibitive borrowing costs as maximum lending rates charged by banks rose   to as high as 46 per cent. Vanguard analysis of banks’   deposit and lending rates published by the Central Bank of Nigeria (CBN)   show that while prime lending rates largely hovered between […] The post Businesses face costly credit as maximum lending rates reach 46% appeared first on Vanguard News.

•Represents 19% increase;   highest in 4yrs  By Babajide Komolafe In spite of the high exchange rate and inflation-induced cost of living crisis across the country, Nigerians   increased spending on   foreign education and health services by 19 per cent to $1.73 billion   in the first half of 2025, H1’25 representing the highest in four years, since 2022.   Vanguard […] The post Nigerians spend $1.73bn on foreign education, health in 6mths appeared first on Vanguard News.

Desperately-needed humanitarian aid has arrived in Port Sudan as the fighting in the country rages on. The war, which broke out in 2023, has triggered what the U.N describes as the world's worst humanitarian crisis.