Nigeria’s inflation rate is expected to drop to 23% in 2024, and 15.5% in 2025 according to the International Monetary Fund (IMF). This was revealed by...
The signing of three important agreements between Kenya and Tanzania must be completed promptly, according to the African Development Bank (AfDB), in order to clear the...
President William Ruto of Kenya told journalists on Tuesday that the country was trying to buy back at least some of its $2 billion Eurobond in...
Sources with firsthand information quoted by Reuters claim that Ghana wants to restructure its debt simply by exchanging its existing bonds for new notes in order...
The International Monetary Fund (IMF) has downgraded its forecast for Nigeria’s 2024 economic growth to 3.0%, which is below the growth forecast of 3.1 percent made...
A further $64.44 million of the verified foreign exchange backlog owed to airlines has been paid by Nigeria’s central bank. The payment brings the total payments...
The Dangote refinery in Nigeria is getting ready to import crude from the US in the upcoming months, indicating the rising competitiveness of US barrels on...
Following a decline in inflation for the fifth consecutive month in December, Ghana’s central bank slashed its main interest rate by 100 basis points to 29%...
According to Umar Ajiya, the Chief Financial Officer of the Nigerian National Petroleum Company Limited (NNPCL), the state oil company sent nothing to the Federation Account...
High debt servicing costs continue to be an increasing concern, according to the International Monetary Fund (IMF), despite the fact that Nigeria and other low-income debtors...