The pervasive impact of a severe petrol scarcity has thrown businesses across major Nigerian cities into disarray as long queues have started showing up at petrol...
The agricultural heart of South Africa’s northernmost province, Limpopo, is facing a severe crisis as black frost swept through the region on Sunday morning, causing extensive...
Kenya’s credit rating has been downgraded to Caa1 by Moody’s Investors Service, a deeper descent into junk status for the East African nation. The downgrade comes...
Nigeria’s liquefied natural gas (LNG) export industry is facing significant challenges as feedstock shortages have led to a 13 percent decline in exports. According to the...
Kenya’s National Treasury will significantly reduce expenditure and take on additional loans to compensate for the revenue plans it was forced to abandon following deadly protests....
South African inflation expectations for the next two years have shown a significant decline, indicating progress in the central bank’s efforts to manage inflation ahead of...
The Senate has called on the Federal Government to enhance funding for the capital components of the national budgets, which are currently lagging behind. This call...
In a bold move to propel Nigeria towards a $1 trillion economy by 2030, the federal government has launched an ambitious initiative aimed at establishing an...
The trade volume between the European Union (EU) and Nigeria rose to €24.6 billion in 2023, an 18.7% decline from the previous year. Despite the downturn,...
Nigeria’s foreign reserves rose to $34.14 billion as of Friday following a $2.75 billion loan borrowed from the World Bank. This represents a 4.06% rise from...
