Economy

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 …

Despite promises from the Ministry of Power that President Bola Ahmed Tinubu would meet with electricity generation companies over the N4.7 trillion debt owed to them, nearly two months have …

Access ARM Pensions has advised Nigerian civil servants to start making small but steady voluntary contributions to their Retirement Savings Accounts (RSAs) to help secure their financial future after retirement. …

The Federal Government has introduced a major plan to change the Value-Added Tax (VAT) system in Nigeria. This new reform is aimed at giving states more control over VAT revenue …

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of global energy giant Shell, has acquired an additional 12.5 percent stake in Nigeria’s Bonga oil field from TotalEnergies, boosting …