African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
The Securities and Exchange Commission (SEC) has officially announced that the Nigerian capital market will adopt a T+2 settlement cycle for all equities transactions, starting November 28, 2025. This marks …
The Nigerian equities market closed on a high note on Thursday as investors celebrated a massive ₦1.16 trillion gain in market capitalisation, the largest single-day profit recorded in recent weeks. …
President Bola Ahmed Tinubu on Thursday inaugurated the newly reconstructed Lekki-Epe Deep Seaport road in Lagos State, commending stakeholders for their contributions and reiterating his administration’s focus on delivering transformative …
The United States Ambassador to Nigeria, Richard Mills Jr., has announced a strategic shift in U.S. engagement with Nigeria and sub-Saharan Africa, moving from traditional aid to a focus on …
As Thesarus Gardens celebrates its 10th anniversary in Nigeria’s real estate industry, Novarick Homes has joined in acknowledging the company’s journey, applauding a decade of consistency, growth, and collaboration. The …
Prices of rams have doubled across Nigeria as Muslims prepare for the 2025 Eid-el-Kabir celebration, also known as Sallah. Traders and livestock dealers say the sharp increase in prices is …
The Presidency spent more than ₦23 billion in 2024 to purchase foreign currencies for international travels by top executive officials including President Bola Ahmed Tinubu, Vice President Kashim Shettima, and …
The World Bank has announced the resumption of funding to Uganda, nearly two years after suspending new financing to the country due to the enactment of the controversial Anti-Homosexuality Act …
The South African rand firmed slightly on Wednesday morning, gaining momentum ahead of a crucial parliamentary debate on the long-awaited national budget. By 07:30 GMT, the rand was trading at …
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 …
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