Economy

In a continent that pioneered mobile money and leads the world in its use, the inability to move funds seamlessly across African borders remains one of the most striking contradictions …

The United States-Israeli war in the Islamic Republic of Iran is shattering Africa’s economic landscape and leaving emotional devastation. Europe is fractured, but completely. France has taken the initiative to …

The International Monetary Fund (IMF) has revealed that governments across sub-Saharan Africa are increasingly relying on domestic borrowing to finance public spending as access to foreign loans becomes more difficult. …

The Shoprite Group is expanding its footprint in South Africa’s informal retail sector following an agreement to acquire a majority stake in payments technology firm R&A Cellular, a move aimed …

The Nigerian Communications Commission (NCC) has directed mobile network operators and other communications service providers to report any cyberattack within four hours of detecting it as part of efforts to …

The Chief Executive Officer of the National Petroleum Authority, Godwin Edudzi Tameklo, has said that the operations of the Dangote Refinery in Nigeria are providing a significant buffer for the …

Nigeria’s money supply dropped to a four-month low in January as the Central Bank of Nigeria (CBN) intensified efforts to tighten liquidity in the financial system in a bid to …

Nigeria’s business environment recorded its strongest performance in more than a year in February 2026, as the Business Confidence Monitor (BCM) compiled by the Nigerian Economic Summit Group (NESG) rose …

The Federal Government has announced the immediate suspension of all Christian pilgrimages to Israel, citing the worsening security situation in the Middle East. The decision was disclosed on Tuesday by …

Africa’s post-independence economic journey has been anything but linear, with some nations racing to scale new heights while others advanced at a steadier pace. One key benchmark — attaining a …