Nigeria and South Africa have signed a new agreement to work together in the mining sector. Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, made this announcement on Thursday, …
South Africa’s Finance Minister, Enoch Godongwana, has warned that the country’s financial situation may get worse if plans to increase the value-added tax (VAT) rate from May are not allowed …
Former U.S. President Donald Trump has once again stirred global trade waters by introducing heavy new tariffs that affect countries across Africa, as part of what he calls his “Liberation …
Nigeria’s Minister of State for Finance, Doris Uzoka-Anite, has said that the country’s tough economic reforms are now beginning to show positive signs, and investors who were previously worried are …
DAR ES SALAAM — Tanzania’s current account deficit has dropped significantly to $2.16 billion in the year ending February 2025, down from $2.91 billion in the same period last year, …
Stakeholders in the fashion sector say Nigeria is on the verge of a major fashion industry boom, as global investors and designers begin to show serious interest in the country’s …
Economic experts have warned that Nigeria must increase local production and industrialisation if it wants to truly benefit from the African Continental Free Trade Area (AfCFTA) agreement, which offers a …
The Nigeria Police Force has arrested several suspects for allegedly producing and selling fake electrical cables in Lagos and Ogun states. The arrests followed a series of coordinated raids on …
Nigeria’s oil revenue is set for a boost as Turkey’s biggest oil refining company, Tupras, has placed new orders for Nigerian crude oil expected to arrive between March and April …
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said that the bank will remain focused on transparency, stability, and reforms that will restore trust in …
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