African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
A civil society organisation, the African Initiative Against Abuse of Public Trust, has taken the Asset Management Corporation of Nigeria (AMCON), the Bureau of Public Enterprises (BPE), and the Nigerian …
The African Union (AU), in collaboration with the African Development Bank (AfDB) and the Government of Togo, has begun preparations for a high-level conference aimed at addressing the continent’s growing …
The United Nations World Food Programme (WFP) has raised alarm that over 36 million people in West and Central Africa are currently facing serious hunger. The organisation said the situation …
The Central Securities Clearing System (CSCS) Plc has confirmed the payment of N8.8 billion to its shareholders as dividends for the 2024 financial year. The approval for the payment was …
Industry experts and financial stakeholders have revealed that fewer than two million Nigerians buy insurance policies annually, a figure that highlights a deep gap in coverage and awareness within the …
The National Agency for Science and Engineering Infrastructure (NASENI) has declared its full support for President Bola Tinubu’s “Nigeria First Policy,” describing it as a transformative step toward revitalising the …
Former President of the Society for Corporate Governance Nigeria (SCGN), Olusegun Osunkeye, has charged Nigerian corporate leaders to focus on ethical governance and long-term impact, rather than being fixated on …
The Dangote Petroleum Refinery has quietly reduced the ex-depot price of petrol to N825 per litre, intensifying the price war with fuel importers and private depot owners in Nigeria’s deregulated …
The Nigerian Maritime Administration and Safety Agency (NIMASA) has confirmed that the long-awaited Cabotage Vessel Financing Fund (CVFF) will be disbursed under an eight-year repayment plan with a single-digit interest …
Custodian Investment Plc has recorded a major profit jump, ending the 2024 financial year with a profit before tax of ₦60.67 billion. This marks a 133 per cent increase from …
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