According to the Nigerian government, the nation can now extract crude oil from more than 246 fields, and runs 188 platforms and production stations. Since Shell...
Next week, Egypt will get the first instalment of a larger loan from the International Monetary Fund (IMF), according to Prime Minister Mostafa Madbouly, who announced...
Regulatory attention will be on the Nigerian banking sector during the central bank’s mandated recapitalization to prevent the influx of illicit financing into the sector. The...
Kenya’s statistics office has revealed that the inflation rate in the country fell in March compared with a month earlier, driven by falling prices of some...
Following recent gains in the country’s currency, the Naira, Nigeria’s Central Bank (CBN) has claimed that over $1.5bn came into the Nigerian economy over the past...
The office of Nigeria’s National Security Adviser and an anti-graft agency— the Economic and Financial Crime Commission (EFCC)— have been sued by two executives of Binance,...
In an effort to patch things up between the two neighbours, Kenya will permit Uganda’s landlocked state oil company to import petroleum products through its port...
The head of Nigeria’s revenue agency, Zacch Adedeji, has reaffirmed that there is no plan for the introduction of new taxes in the country. Adedeji, who...
Governor Olayemi Cardoso of Nigeria’s central bank has announced that the bank has increased its monetary policy rate by 200 basis points, to 24.75% from 22.75%,...
Barely days after Zambia announced a significant development in resolving its protracted debt restructuring, Mohammed Amin Adam, Ghana’s Finance Minister, declared on Tuesday that the administration...