About 100,000 companies are set to be deregistered by Nigeria’s Corporate Affairs Commission (CAC), the body charged with registering businesses, according to the body’s Registrar-General and...
Multilateral body, World Bank Group has warned the Nigerian government about continued borrowing from the country’s Central Bank. The World Bank’s Lead Economist for Nigeria, Alex...
Somalian officials have confirmed that Russia has granted debt relief on over $684 million owed by the country. The deal for debt forgiveness was finalized on...
Global diamond giant De Beers has revealed that its $2.3 billion new underground Venetia mine in South Africa has begun production. De Beers stopped its 30-year...
A spokesperson for the United States Treasury, Brian Nelson has revealed Washington’s plan to ease pressure on Africa after Russia failed to renew the Black Sea...
Weeks after a raise of 0.3% in its latest inflation figures, Ghana’s central bank has raised its main interest rate by 50 basis points to 30.0%....
The Gambian government has revealed that it is in a “far advanced” stage of legal action against Indian drugmaker, Maiden Pharmaceuticals, producers of a cough syrup...
Ahead of a scheduled Summit in Johanessburg next month, North African country, Algeria had officially submitted a request to join the Brazil, Russia, India, China, and...
Amid growing concerns over its current economic struggles, Nigeria’s President, Bola Tinubu has announced a new infrastructure fund. The fund is part of the government’s measures...
South Africa’s Department of Statistics has released data that shows annual headline inflation fell to 5,4% in June from 6,3% in May. The figure is below...