Somalia’s economy maintained strong performance in 2024, with a solid growth rate of 4.0 percent, according to the 10th Edition of the Somalia Economic Update released by the World Bank. …
Nigeria’s total money supply dropped again in May 2025, marking the second decline this year, according to new data released by the Central Bank of Nigeria (CBN). The figure for …
The Federal Government of Nigeria spent a staggering ₦611.71 billion in March 2025 to service its first-ever dollar-denominated bond issued within the domestic market, making it the single largest item …
The National Insurance Commission (NAICOM) has said that Nigeria’s ability to secure its future depends heavily on how well the country manages risks and uncertainties across all sectors. The Commissioner …
The African Export-Import Bank (Afreximbank) has warned that Africa’s failure to trade effectively within itself is due to poor market intelligence, weak connectivity, and the absence of structured trade platforms. …
Banks, fintech companies, and telecommunications operators have been called upon to rethink and redesign the digital financial tools and services targeted at young Nigerians. This follows new findings from the …
The Nigeria Employers’ Consultative Association (NECA) has expressed appreciation to President Bola Ahmed Tinubu for his recent directive to cap the Financial Reporting Council (FRC) levy at ₦25 million for …
The Nigerian National Petroleum Company Limited (NNPC) has announced a strong 14 percent rise in its after-tax profit for the month of May 2025, reaching ₦1.054 trillion. This marks a …
Kenya has experienced a massive rise in cyberattacks, with a total of 2.5 billion threats recorded between January and March 2025. This marks a 201.7 percent increase compared to the …
Kenya Airways has called on African airlines to stop seeing themselves as competitors and start working together to boost revenues and grow the aviation industry across the continent. The airline …
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