Seventeen African countries are to benefit from the benevolence of the Chinese government as it plans to write off a debt package for various nations by...
Six years after it suspended aid, the World Bank on Monday gave $300 million to Mozambique amidst the financial woes of the South African country. The...
The Egyptian government says it is in the final stage of talks with the International Monetary Fund (IMF), to secure new funding in the aftermath of...
Ghana’s economic woes has deepened as the country’s currency has dropped for 15 straight weeks to 36.3% this year. The latest fall of the Cedi falls...
Dubai based airline, Emirate, on Thursday said it will halt flights to Nigeria from September 1. The airline said West African country has failed to repatriate...
Amidst the country’s struggling economy, Egypt’s central bank governor, Tarek Amer resigned on Wednesday. A local report by Al-Ahram says President Abdel Fattah al-Sissi has accepted Amer’s...
Nigeria’s downward economic slop has continued as inflation rate in July rise to 19.64% compared to 18.6% recorded in the previous month. This means that in...
Nigeria’s President Muhammadu Buhari has made a U-turn in his earlier position that grant approval of Exxon Mobil’s sale of local offshore shallow water assets to...
Nigeria has moved into the fourth position of World Bank’s list of countries with the highest debts, according to the Bank’s financisl report released on Monday....
Nigeria’s president, who doubles as minister for petroleum, Muhammadu Buhari has granted consent to the acquisition of Exxon Mobil’s Nigerian unit by Seplat Energy. The approval...