One of Africa’s leading oil producers, Angola, has announced a plan to quit the Organisation of the Petroleum Exporting Countries (OPEC). Its decision arose over a...
The Central Bank of Nigeria (CBN) has announced that the prohibition on cryptocurrency transactions has been lifted. This means that banks and other financial institutions can...
Zambian President, Hakainde Hichilema, is lobbying his country’s official and private creditors to meet to resolve their differences over a restructuring proposal for $3 billion of...
Nigeria’s embattled former Central Bank of Nigeria Governor, Godwin Emefiele, has been accused of illegally lodging billions of naira in at least 593 bank accounts in...
Following the conclusion of its second review of Zambia’s Extended Credit Facility (ECF), the Executive Board of the International Monetary Fund (IMF) has disbursed roughly US$187...
The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, revealed in a recent interview that the Nigerian government planned to introduce incentives...
Ghana’s statistics agency has revealed that the industrial sector’s decline has caused the country’s economic growth to slow to 2.0% year-on-year in the third quarter of...
Nigeria’s domestic borrowing has increased by 134% to N52 trillion. This is as revealed by Nigeria’s Director-General of the Debt Management Office (DMO), Patience Oniha. She...
The deputy chief executive officer of Ghana’s Cocoa Marketing Board has confirmed that the body has signed $800 million syndicated loan with banks, and expects to...
In its latest bid to manage price stability, Morocco’s central bank on Tuesday left its benchmark interest rate unchanged at 3%. Food-related inflation would average 6.1%...