The Asset Management Corporation of Nigeria (AMCON) has renewed its battle to recover a staggering N455 billion debt allegedly owed by Arik Air, one of Nigeria’s formerly leading domestic carriers. …
Ghana is reshaping its aviation landscape as authorities move to repurpose Terminal 2 of the Kotoka International Airport (KIA) to accommodate both domestic and international flight operations. The Ghana Airports …
Amid rising concerns about the profitability of state-owned enterprises (SOEs) across Africa, Ghana has spotlighted its top-performing government-backed businesses – and the numbers are eye-catching. According to fresh data, the …
Ghana’s Finance Minister has stepped up engagement with key financial institutions, holding a crucial dialogue with 22 banks to deliberate on the government’s Domestic Debt Exchange Programme (DDEP), Treasury Bills, …
The Institute of Economic Affairs (IEA) has taken a swipe at Ghana’s proposed 2025 budget projections, describing the 16.1% revenue-to-GDP target as weak and far from ambitious. In a statement …
In a bold move to tackle the nation’s persistent power woes and reduce dependence on fossil fuels, a coalition of Nigerian firms has unveiled a massive $500 million fund targeted …
A new report from the Central Bank of Nigeria (CBN) has revealed that a majority of Nigerians are groaning under the burden of high borrowing costs, with a whopping 65.5% …
In a surprising twist in the foreign exchange market, the Nigerian naira on Tuesday recorded a modest appreciation against the United States dollar, exchanging at ₦1,530.52/$ at the official window. …
Global operators in the online casino industry are beginning to shift their gaze toward emerging markets — and Africa, especially Nigeria, is fast gaining traction as a promising frontier. Experts …
Industry experts have described the ongoing sale of Shell Petroleum Development Company (SPDC) and ExxonMobil assets as a golden opportunity to deepen local content in Nigeria’s oil and gas sector. …