Economy

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 …

The Board of Directors of the African Development Bank Group (AfDB) has approved a €6.5 million investment in the Saviu II venture capital fund, in a move aimed at deepening …

A $972m regional initiative supported by the International Development Association aims to equip 18 million young people in eastern and southern Africa with improved education and employment skills by 2034, …

Private credit is gaining attention as a rising force in global finance, with analysts increasingly pointing to it as a potential driver of Africa’s economic expansion in 2026 as businesses …

African policymakers, business executives and development institutions have renewed calls for visa-free movement across the continent, cautioning that tight border regimes could frustrate the full benefits of the African Continental …

Governor of the Central Bank of Nigeria, Olayemi Cardoso, has cautioned that climate change has evolved into a direct financial risk with far-reaching consequences for African economies, warning that its …

Iconic International Holdings, Pty Limited has convened policymakers, civil society actors, private sector stakeholders and youth representatives at the 2026 Iconic Africa Summit and Honours hosted in Harare, Zimbabwe, in …