Economy

The Nigerian naira on Wednesday reached its strongest level in over two months, closing at ₦1,565.46 to the dollar at the official foreign exchange (FX) market. This marked a ₦13.82 …

Many African brands are now making efforts to regain the trust and loyalty of African consumers who have for years preferred foreign brands. Across the continent, foreign products from Europe, …

Billionaire businessman and Africa’s richest man, Aliko Dangote, has called on Nigeria to put an end to health tourism and instead focus on building a strong, self-sufficient healthcare system through …

The Nigerian Communications Commission (NCC) has unveiled a new cybersecurity framework designed to strengthen the digital safety and resilience of the country’s communication ecosystem. The initiative, which is backed by …

South Africa must grow its economy faster and manage its public finances better if it hopes to receive its first credit rating upgrade in over 20 years, according to S&P …

Fitch Ratings has downgraded the credit rating of the African Export-Import Bank (Afreximbank) by one notch to BBB-, just above junk status, citing growing credit risks and weak risk management …

Netflix has once again raised its subscription fees in Nigeria, marking the third increase since 2024. This adjustment, which took effect in May 2025, has affected all subscription tiers, with …

Ghana’s inflation rate has continued to fall for the fifth month in a row, with the latest figure standing at 18.4 percent in May 2025. This is the lowest level …

Uganda has started a major project to improve its coffee industry and increase earnings from processed coffee products. The project, called the Africa Coffee Park, is being developed in Ntungamo …

Nigeria is set to make history on the global stage with the unveiling of its first-ever federally supported pavilion at the 2025 London Design Biennale, themed Hopes and Impediments. The …