Nigeria’s oil authority has clarified that the recent changes to diesel fuel sulphur content standards are part of a regional effort to make things more uniform...
The International Monetary Fund (IMF) says that this year, Kenya will pass Angola to become the fourth biggest economy in sub-Saharan Africa. South Africa, Nigeria, and...
The Economic and Financial Crimes Commission (EFCC), Nigeria’s anti-corruption body, could go after 300 forex criminals who trade on a peer-to-peer platform without following the rules....
Barely weeks after crashing the prices of diesel and aviation fuel by about 30% in the country, Nigeria’s private Dangote Petroleum Refinery has again announced a...
Nigeria’s Finance Minister, Wale Edun, has revealed that the country is seeking up to $2.25 billion in World Bank loans and expects the bank’s board to...
Ghana’s Finance Minister has announced that the country’s two main creditors will send him a draft Memorandum of Understanding (MoU) on a restructuring deal in May,...
Access Holdings, which is the parent company of Nigeria’s Access Bank, has revealed that its N365bn rights issue will be done entirely digitally. In a notice...
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that the government planned to scale back Ways and Means to deal...
Zimbabwe’s Finance Minister, Mthuli Ncube, has revealed that a staff-monitored programme with the IMF would not start until the third quarter of 2024. The minister noted...
It is only “a matter of time” before Ghana and the holders of its foreign bonds agree on a restructuring, IMF’s African Department director, Abebe Selassie,...