Lagos State, Nigeria’s commercial capital, will commence a N50,000 palliative scheme to support 15,000 traders across the 57 local council development areas (LCDAs) in the state....
Bola Tinubu, the President of Nigeria, has reassured foreign investors that repatriating funds would be simpler, in line with the Federal Government’s stepped-up efforts to draw...
The largest economy in Africa saw a worsening cost-of-living crisis in November when Nigeria’s annual inflation increased to 28.20% for the eleventh consecutive month, the highest...
Pan-African e-commerce platform, Jumia, has announced plans to end its food delivery business, Jumia Food, in Nigeria and seven other African countries by the end of...
According to data released on Thursday by South Africa’s statistics agency, producer inflation in the country decreased to 4.6% year over year in November from 5.8%...
Beginning in January, travellers from all over the world will not need a visa to enter Kenya, President William Ruto announced on Tuesday. According to Ruto,...
Multilateral body, the World Bank, has insisted that Nigeria’s economy requires more measures despite recent policies around currency reforms and the removal of petrol subsidies. The...
Mozambique and a consortium led by the French power giant, EDF, have inked an agreement to construct the $5 billion Mphanda Nkuwa hydropower project. The dam...
British International Investment (BII) has finalised plans to invest $15 million in equity in Valency International, a trading house for agricultural commodities based in Singapore. The...
In a new push to address its recent power crisis, South Africa plans to launch a bidding process for an extra 2,500 megawatts (MW) of nuclear...