Depositors of 179 liquidated Nigerian microfinance banks and four mortgage banks have been refunded, according to the Nigeria Deposit Insurance Corporation (NDIC). This was stated on...
In Somalia, the decade-long partnership between the government, the World Bank, and the UN demonstrates how collaboration between humanitarian and development actors is critical to state-building...
Phoenix Beverages Limited (PBL), a company incorporated in Mauritius, has been granted permission to purchase a 28.15% stake in a local company that produces alcoholic and...
The London Court of Appeal decided on Thursday that Mozambique’s President, Filipe Nyusi, cannot be sued in Britain for allegedly accepting illegal payments as part of...
The United States has asked the United Nations Security Council to intervene in the nearly year-long conflict in Sudan between the paramilitary Rapid Support Forces (RSF)...
Following the significant changes to the Central Bank of Nigeria’s (CBN) Monetary Policy Rate (MPR) during its Monetary Policy Committee (MPC) meeting on Tuesday, investors in...
According to the Ministry of Finance’s Performance of the Economy report, Uganda had the largest trade surplus with the Democratic Republic of the Congo (DRC) in...
In an attempt to exert direct influence over Sudan’s peace process, the United States has appointed congressman and former diplomat, Tom Perriello, as special envoy. According...
The Central Bank of Nigeria (CNB) paid out an additional $400 million in legitimate foreign exchange backlog to individuals who were properly identified, according to CBN...
The Central Bank of Nigeria (CBN), during its Monetary Policy Committee (MPC) meeting on Tuesday, raised its benchmark interest rate, the Monetary Policy Rate (MPR), by...
Oil marketers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority expect refined petroleum product prices to reduce as another...
Kenya’s statistics agency said on Tuesday that Kenya’s consumer price inflation increased slightly to 3.0% year-over-year in December from 2.8%...
Transnet, a state-owned logistics company in South Africa, announced on Tuesday that it had lost 2.2 billion rand ($117.48 million)...
A 15 billion yuan ($2 billion) currency-swap arrangement between China and Nigeria has been extended to boost investment and commerce...
As anticipated, Egypt’s central bank has maintained its overnight interest rates, stating that although inflation was predicted to drop significantly...
According to the African Development Bank (AfDB), illicit money flows and profit shifting by multinational corporations doing business in Africa...
Former Nigerian Aviation Minister, Femi Fani-Kayode, has told President Abdourahamane Tchiani of Niger Republic to refrain from making infantile and...
Elon Musk’s satellite internet service provider, Starlink, has again jacked up the prices of its services in Nigeria after an...
The former President of Moroccan top club, Raja Casablanca, Mohamed Aouzal, has been sentenced to three and a half years...
The Zambian Ministry of Health has reported a second case of Monkeypox, popularly known as Mpox, in Kitwe region of...