The Central Bank of Nigeria (CBN) has issued N1.053 trillion (680 million dollars) in short-term instruments in the recently concluded sale of government securities. The sale is...
Tanzania’s much-awaited, multimillion-dollar liquefied natural gas project is facing impending investor withdrawals from the United States, if delays caused by negotiating technicalities persist, the country has...
A senior World Bank official has revealed that Zimbabwe must increase the predictability of its monetary and fiscal policies in order to restore confidence in its...
In reaction to a five-year drought, Tunisia has increased the price of drinking water by as much as 16%, the country’s official gazette reports. Average monthly...
Alex Otti, the Governor of Abia State, South East Nigeria, has revealed that his administration is in the process of having talks with a Chinese company...
The licences of 4,173 bureau de change operators were withdrawn by the Central Bank of Nigeria on Friday. The CBN’s decision was based on the bereaus’...
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...
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...
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...