News from across Africa covering business, markets, policy and development in North, West, East, Central and Southern Africa.
Political changes in South Africa, Mexico, and India are creating notable effects on worldwide financial markets. Investors are reacting to a series of crucial events that have the potential to …
The African National Congress (ANC) is under close examination by political experts and the public as it decides on leaders to govern South Africa. With internal elections approaching, there is …
International airlines are considering resuming operations in Nigeria after the government released a large portion of funds that were previously stuck in the country due to foreign exchange limitations. This …
The Central Bank of Nigeria (CBN) has revealed a thorough evaluation of banks’ recapitalization strategies to enhance the financial stability and durability of the nation’s banking industry. This effort is …
The Naira has demonstrated impressive stability in foreign exchange markets, despite a substantial 94.46 percent increase in dollar sales. The Central Bank of Nigeria (CBN) is making continuous efforts to …
The Federal Government of Nigeria has revealed intentions to merge the surveillance systems of the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Navy to enhance maritime security. …
The Nigerian government’s acknowledgement of spending N5.4 trillion on oil subsidies in 2024 has generated significant debate and worry. This admission coincides with current deliberations on the viability of these …
French media conglomerate Canal+ has increased its stake in MultiChoice, Africa’s leading pay-TV operator, to over 40 percent, marking a significant expansion of its influence in the African media landscape. …
In a significant policy announcement, President Bola Ahmed Tinubu has expressed his commitment to implementing a higher minimum wage than the proposed N60,000, according to the Secretary to the Government …
Nigeria’s local aviation sector is facing another round of disruptions as labour unions have once again shut down domestic airports across the country. Despite the widespread impact on local travel, …
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