Economy

The Federal Government has placed a ban on the importation of oil pipelines into Nigeria. The Minister of Petroleum Resources (Oil), Senator Heineken Lokpobiri, made this known on Thursday during …

Africa’s richest man and President of Dangote Group, Aliko Dangote, has expressed happiness over his recent appointment into the World Bank’s Private Sector Investment Lab. This group was created to …

Meritabode Nigeria Limited, a top real estate company in the country, has launched a new estate project named Emerald Haven Estate to help reduce Nigeria’s growing housing deficit. Speaking at …

The Lagos State Government has called on key players in the real estate sector to help reduce the burden of rent on residents and stop the growing issue of illegal …

The Securities and Exchange Commission (SEC) has warned Nigerian influencers, bloggers and celebrities to stop promoting unregistered investment platforms, or they will face serious punishment under the new Investments and …

President Bola Ahmed Tinubu has started major reforms in Nigeria’s oil sector, as the country continues to face serious problems like low oil production, poor financial records, and mismanagement. The …

Nigeria’s inflation rate has gone up again, according to new data released by the National Bureau of Statistics (NBS). The annual inflation rate stood at 24.23% in March 2025, rising …

The South African rand strengthened against the U.S. dollar on Wednesday, as market uncertainty shook the greenback due to concerns about U.S. tariffs and the political situation in South Africa. …

The Central Bank of Kenya (CBK) has announced that it will lift the moratorium on the licensing of new commercial banks after almost ten years. This decision, set to take …

African financial markets are currently facing a challenging situation, influenced by both global and local factors. There is growing uncertainty in the global economy, as well as domestic political tensions …