For the first time since July, Nigeria’s central bank will hold its next interest rate meeting in February, according to a schedule released on Friday. The...
Bookings for the Blue Nile Express service to Djibouti from Asia, the Middle East, Oceania, East Africa, and South Africa will be temporarily suspended, according to...
A Mozambican court has decided that Export Trading Group (ETG), a worldwide commodities trader, is not allowed to export pigeon peas to India. The ruling is...
Kenya’s Finance Minister, Njuguna Ndung’u, confirmed on Friday that the Trade and Development Bank (TDB) had lent Kenya $210 million, coming ahead of the maturation of...
Fitch, a global credit ratings agency, has said that Nigeria’s Central Bank is still having trouble getting enough funds to clear its foreign exchange backlog. Last...
The Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria’s crude oil production rose to 1.418mbpd in December 2023. Nigeria’s crude oil output grew by...
Zambia’s central bank says it is concerned over recent economic developments in the country, particularly the current high inflation rate, volatility of its currency, Kwacha, and...
Energy multinational, Shell, is concluding plans to end operations in Nigeria’s onshore oil and gas space after agreeing to sell its subsidiary there to a consortium...
Food prices spiked in December, making inflation in Nigeria the worst it has been in over 27 years. This exacerbated the country’s cost-of-living crisis and increased...
According to an email from a spokeswoman on Monday, the International Monetary Fund’s (IMF) executive board is scheduled to convene on Friday to deliberate on the...
Oil marketers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority expect refined petroleum product prices to reduce as another...
Kenya’s statistics agency said on Tuesday that Kenya’s consumer price inflation increased slightly to 3.0% year-over-year in December from 2.8%...
Transnet, a state-owned logistics company in South Africa, announced on Tuesday that it had lost 2.2 billion rand ($117.48 million)...
A 15 billion yuan ($2 billion) currency-swap arrangement between China and Nigeria has been extended to boost investment and commerce...
As anticipated, Egypt’s central bank has maintained its overnight interest rates, stating that although inflation was predicted to drop significantly...
According to the African Development Bank (AfDB), illicit money flows and profit shifting by multinational corporations doing business in Africa...
Former Nigerian Aviation Minister, Femi Fani-Kayode, has told President Abdourahamane Tchiani of Niger Republic to refrain from making infantile and...
Elon Musk’s satellite internet service provider, Starlink, has again jacked up the prices of its services in Nigeria after an...
The former President of Moroccan top club, Raja Casablanca, Mohamed Aouzal, has been sentenced to three and a half years...
The Zambian Ministry of Health has reported a second case of Monkeypox, popularly known as Mpox, in Kitwe region of...