The World Bank has said Rwanda will outgrow Nigeria, South Africa and all other African countries in 2022 despite the projected slow pace of growth when compared...
Rising oil prices to increase activities in Africa’s largest economy Nigeria and support economic growth at a 3.4% rate in 2022, down from the 3.6% estimated...
The United Republic of Tanzania says it will adopt the Nigerian method in growing and improving its mining sector. Tanzanian Deputy Minister for Minerals, Dr. Steven...
Air transport grew by 50.7% y/y in Q1 ’22 compared to the contraction of -11.8% recorded in Q1 ’21.
The Central Bank of Nigeria’s (CBN) data for last month shows that Nigeria’s foreign reserves plunged to $38.54 billion as of May 27, 2022, the lowest...
The International Monetary Fund (IMF ) has stated that Africa needs about $425 billion to recover from the Covid-19 Pandemic. Speaking at the latest Sub-Saharan Africa...
The Federal Government of Nigeria (FG) plans to generate over $176bn from its new deal signed with the Trade Modernisation Limited, a consortium. With the signed...
The Nigerian Customs Service (NCS) has given companies a 14-day ultimatum to register their businesses for payment of excise duty. This was revealed by the Comptroller...
The Federation Account Allocation Committee (FAAC) shared a total sum of N656.602 billion with the Federal Government, States and Local Government Councils in the month of...
An African Development Bank report released Thursday shows that the institution was pivotal in 2021, delivering timely investments that are helping millions of Africans overcome the...
