Africa

Godwin Emefiele, the governor of the Central Bank of Nigeria has been summoned by senate over the constant depreciation of the naira. Reports revealed a United States dollar is exchanged …

The naira has crashed further in the parallel market, trading for N710 against the U.S. dollar on the exchange platform Aboki Forex. Checks by Peoples Gazette on Wednesday showed the …

The Independent Electoral and Boundaries Commission (IEBC) , Kenya received the first batch of presidential ballot papers on Wednesday ahead of August 9 election. The consignment was received by Vice …

Moove, a Nigerian-born global start-up , has announced expansion plans into India. Moove was launched in 2020 by Ladi Delano and Jide Odunsi to provide commercial drivers with access to vehicle ownership. The company …

Zimbabwe has cleared the way for cannabis-based medical products to be sold for the first time as the southern African country eyes the industry valued at Sh148.5 billion ($1.25 billion). …

The Nigerian Export Promotion Council (NEPC) says it has issued licences to thirteen domestic export warehouse (DEW) operators across all geopolitical zones in the country. Ezra Yakusak, executive director/CEO, NEPC, said this …

The Federation Account Allocation Committee (FAAC) has shared a total sum of N802.407 billion being revenue that was generated in June 2022 to the federal government, states and local governments …

The International Monetary Fund (IMF) has retained projected economic growth of 3.4 percent for Nigeria in 2022. The Washington-based institution disclosed this on Tuesday in its World Economic Outlook (WEO) …

Base Resources, a Titanium miner in Kenya, saw its sales surge 44.7 pc to Ksh 10.8 billion in the fourth quarter ended June 30, 2022. The company says sales rose …

Fitch, the global rating agency, has affirmed Long-Term Issuer Default Ratings (IDR) of 10 Nigerian banks at ‘B’ with a stable outlook. In a fresh report obtained from its website, …