Nigeria’s foreign reserves climbed to $35.05 billion as of Monday, according to the latest data from the Central Bank of Nigeria (CBN). This represents a significant...
The International Air Transport Association (IATA) reported a 14.1% year-on-year increase in passenger demand for African airlines in May 2024. Capacity for African airlines also rose...
The Nigerian government has announced a series of measures aimed at curbing the surging cost of food. Among the most significant steps is the suspension of...
Ghana’s economic recovery faces significant hurdles as the nation grapples with a $2.2 billion dispute over arrears with its electricity suppliers. Despite recent progress in restructuring...
Apple Inc. is setting its sights on a significant increase in iPhone 16 shipments for the latter half of this year as it targets at least...
The Angolan government has announced plans to sell a minority stake in Standard Bank de Angola SA, previously controlled by a former insurance magnate currently serving...
Nigeria is poised to see its capital inflows reach a five-year high, according to a recent report by Afrinvest (West Africa) Limited. This notable growth reflects...
Pension funds have invested a record N1 trillion in the real estate sector in 2023. According to Oguche Agudah, CEO of the Pension Fund Operators Association...
Nigeria is grappling with a severe fuel crisis as the landing cost of Premium Motor Spirit (PMS), commonly known as petrol, has skyrocketed to N978 per...
Oil prices dipped on Wednesday as the impact of Hurricane Beryl dissipated and inflation data highlighted stubbornly weak consumer demand in China, the world’s top crude...
