African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
The Debt Management Office (DMO) has successfully raised a total of ₦4.3 billion from its May 2025 Federal Government Savings Bond offer, showing sustained interest from retail investors in low-risk …
Nigeria’s fixed income market ended the week on a bullish note, as yields dropped across the Treasury bills, local bonds, and Eurobond markets. This was revealed in a fresh market …
The Central Bank of Nigeria (CBN) has launched a new digital platform to help Nigerians living abroad access banking and financial services without needing to come home physically. This new …
The Federal Government of Nigeria recorded a substantial rise in revenue, climbing by 82.4 per cent from N6.8 trillion in 2023 to N12.4 trillion in 2024, according to the World …
Baobab Group has completed the sale of its majority stake in Baobab+ to BioLite, a renewable energy social enterprise based in the United States. The move marks a significant shift …
otalEnergies Marketing Nigeria Plc has announced a total dividend payout of N13.58 billion for the 2024 financial year, even as shareholders continue to press the board to issue bonus shares—a …
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has said its members can only rely on the Dangote Petroleum Refinery for Premium Motor Spirit (PMS), also known as …
Looking to grow your money without locking it away for years? Short-term investments are perfect for African professionals, entrepreneurs, and savers looking to preserve or grow wealth within a 1–3 …
Chairman of BUA Group, Abdul Samad Rabiu, has declared that rice prices in Nigeria will crash soon, as his company has imported enough to feed the nation until the end …
The African Democratic Congress (ADC) has announced that it will serve as the coalition platform for opposition parties preparing to challenge the ruling party in the 2027 general elections. The …
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