A new audit of the National Bank of Ethiopia (NBE) has revealed serious financial troubles, including massive losses in foreign exchange dealings and gold trading, as well as rising government …
The Egyptian Ministry of Finance has announced new steps to boost economic activity and encourage private sector growth. The move also targets support for key industries in the country. These …
Egypt has recorded its biggest drop in external debt in history, reducing its foreign debt burden by about US$12.9 billion in 2024. This brings the total to $155.093 billion by …
The Central Bank of Egypt (CBE) has announced that the country’s net foreign assets recorded a sharp increase of over US$1.5 billion in February 2025. This pushed the total to …
Zimbabwean President Emmerson Mnangagwa has announced plans to suspend all tariffs on goods imported from the United States. The announcement comes shortly after former US President Donald Trump imposed 18 …
The Federal Government has announced the arrival of the first batch of prepaid electricity meters under its renewed push to close the metering gap across the country, with over 275,000 …
Leading corporate and investment banking group, Rand Merchant Bank (RMB), has concluded a series of high-level engagements in Abuja as part of its West Africa investor roadshow, spotlighting Nigeria’s investment …
Ecobank Nigeria Limited has filed a fresh suit at the Federal High Court in Lagos to stop Oba Otudeko and his associates from selling over 6.3 billion shares in FBN …
The Nigerian National Petroleum Company Limited (NNPC Ltd) has named a new eight-man senior management team, following the appointment of Bayo Ojulari as the Group Chief Executive Officer (GCEO) and …
The Federal Government of Nigeria has signed a $27.3 million deal with LNG Arete to build a mini Liquefied Natural Gas (LNG) plant in Ajaokuta, Kogi State. The agreement, signed …