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...
In a significant move to combat food shortages in the region, Tanzania has agreed to supply 650,000 tons of corn to neighboring Zambia. The agreement signed...
Emerging-market currencies surged on the final trading day of the year’s first half, a period otherwise marked by unexpected election outcomes and persistent uncertainty over the...
President Bola Tinubu has issued an executive order exempting pharmaceutical inputs from import taxes. This strategic decision is part of a broader effort to enhance the...
Taiwo Oyedele, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has described Nigeria as a poor country with the potential to be...
Professional services firm PwC Nigeria has projected that the country’s inflation rate will reach approximately 29.5% by the end of the year. This forecast is significantly...
South Africa’s inflation rate remained unchanged in May, increasing the likelihood that the central bank will maintain current borrowing costs. According to a statement released by...
Ghana’s economy showed impressive growth in the first quarter of 2024 with the Gross Domestic Product (GDP) expanding by 4.7% compared to the same period last...
