Nigerian banking group, Guaranty Trust Holding Plc, wants to raise up to $750 million in capital and will ask its shareholders for permission to do so...
Ethiopia may need to decide on a big currency devaluation soon to get a rescue loan from the International Monetary Fund (IMF). In December, East Africa’s...
The Nigerian government says a recent increase in the price of electricity for Band A customers to N1.5tn means it could save more this year. The...
Zimplats’ CEO, Alex Mhembere, said on Wednesday that the firm would cut its staff by 1% and make other cost cuts to get through the sharp...
The Nigerian government says that the Central Bank of Nigeria under Yemi Cardoso is working hard to keep the Naira stable in line with President Bola...
Officials from Ivory Coast and the International Monetary Fund (IMF) have agreed to review two loan programs that will allow $574 million to be sent to...
As part of a larger $3.3bn prepayment facility arranged by the African Import Export Bank, Nigeria is set to receive a $1.05bn syndicated loan backed by...
Nigeria’s central bank has made it illegal for banking lenders to accept foreign currency as collateral when giving out naira loans. This is the latest step...
The Consumer Protection Agency (LASCOPA) of Lagos state, Nigeria, has told grocery stores and supermarkets across the state that they needed to put price tags on...
Nigeria’s former central bank governor, Godwin Emefiele, will appear in a Lagos court on Monday after the country’s anticorruption body filed 26 fresh charges against him...
Nigeria’s main opposition party, the Peoples Democratic Party (PDP), has called on President Bola Tinubu to consider what it calls...
Some top clubs in Europe and Asia have been put on alert as Super Eagles and Chippa United goalkeeper, Stanley...
A top official from the International Monetary Fund has revealed that South Africa needs to do more to cut spending...
According to a letter quoted by Reuters on Thursday, three French diplomats have been sent back to France by Burkina...
Nigeria’s electric vehicle solutions provider, MAX, has announced striking a partnership deal with Ghana’s innovator in energy networks, Kofa, that...
The Zambian government has called on the European Union (EU) to help in strengthening democratic initiatives in the country as...
Nigeria’s Vice President, Kashim Shettima, has predicted that the country is destined to become a major economic force in the...
According to the Central Bank of Nigeria (CBN), the big drop in the country’s foreign exchange reserves was not due...
The African Guarantee Fund (AGF) has teamed up with the Nordic Development Fund (NDF) to launch a green finance fund...
Ethiopia’s long distance runner, Sisay Lemma, and Kenyan female marathon sensation, Hellen Obiri, teamed up to give Africa a double...