Nigeria’s presidential committee on fiscal policy and tax has argued for the necessity of raising the value-added tax (VAT) rate. Taiwo Oyedele, the chairman of the...
A shortage of hard cash and a severe drought that has caused power outages in copper-producing Zambia have made its currency, the kwacha, fall to a record...
Shell Nigeria, a multinational oil company, claims that through the operations of Shell Petroleum Development Company of Nigeria Limited and Shell Nigeria Exploration and Production Company...
Zimbabwe’s Treasury says that the newly introduced gold-backed currency is the official unit of exchange for transactions. It also stated on Tuesday that laws requiring businesses...
In a move aimed at increasing local supply, Nigeria’s power regulator has directed the grid operator to reduce supplies to consumers abroad. The Nigerian Electricity Regulatory...
According to the Manufacturers Association of Nigeria (MAN), the ability of local manufacturers to compete on the continent is crucial for obtaining market access under the...
Global credit ratings firm, Fitch, has claimed that approximately 30% of Nigeria’s external reserves is comprised of foreign exchange (FX) bank swaps. This disclosure underscores...
Oil-rich West African country, Nigeria, has offered major oil companies, such as Exxon Mobil and Shell, that planned to leave the country’s onshore oil an offer...
On Monday, local and international cryptocurrency exchanges will meet with Dr. Emomotimi Agama, the recently appointed Director General of the Securities and Exchange Commission, to deliberate...
Rhino Resources Namibia and a BP-Eni joint venture have agreed to share a 42.5% stake in a block located in the nation’s offshore Orange Basin, the...
Ghana and The Gambia are in the process of launching free roaming services that will enhance a West African connectivity....
Leader of one of Zambia’s opposition parties, Advocates for People’s Prosperity (APP), Mwenye Musenge, has criticised the Patriotic Front (PF)...
Ghana and Leicester City winger, Abdul Fatawu, has been ruled out of the rest of the EPL season after suffering...
Police in the Democratic Republic of Congo (DRC) say six people have been arrested over a break-in and vandalism at...
Simon Ekpa, a Nigerian separatist leader based abroad, has been placed under detention by the Päijät Häme District Court...
The Nigerian Senate has raised the alarm over the influx of terrorists from Mali and Burkina Faso who operate in...
Dar es Salaam, Tanzania, has been selected to host the sixth edition of the Ocean Innovation Africa (OIA) summit from...
Reigning Miss South Africa 2024, Mia le Roux, has opened up on the reasons behind her withdrawal from the Miss...
South African football legend, Lucas “Masterpieces” Moripe, has passed away at the age of 71 after a long battle with...
A fugitive Zambian Member of Parliament (MP), Emmanuel Banda, who escaped from custody at the Chipata Prison in Eastern Province...