In a significant move to bolster agricultural productivity and ensure food security, Nigeria and Brazil have entered into a $1.1 billion agreement. This collaboration aims to enhance Nigeria’s agricultural infrastructure …
Economy
- Business PoliciesEconomyFinance & Services
- Business and EconomyEconomyHealthcareNigeriaWestern Africa
Generic Drugs May Lower Prices for Ozempic and Keytruda
Blockbuster drugs like Ozempic and Keytruda, which have long carried hefty price tags, may soon become more affordable as their patents near expiration. Industry experts believe that when the exclusive …
- AfricaBusiness PoliciesEconomyNigeriaWestern Africa
Tax Reform Set to Eliminate Regulatory Bottlenecks and Boost MSMEs Growth
Policymakers are calling for sweeping tax reforms aimed at removing regulatory bottlenecks that have long stifled business expansion. The push for reform comes as industry players warn that cumbersome tax …
- BusinessBusiness and EconomyEconomyGOVERNMENTNigeriaWestern Africa
FG Identifies 457 Illegal Mining Sites Nationwide, Vows Tough Crackdown
The Federal Government has disclosed that a total of 457 illegal mining sites have been identified across Nigeria within the past year, a revelation that underscores the scale of unregulated …
- BusinessBusiness and EconomyEconomySouthern AfricaZIMBABWE
Zimbabwe Moves to Slash Business Taxes and Fees
In a decisive move to bolster the nation’s economic landscape, the Zimbabwean government has announced plans to significantly reduce taxes and regulatory fees within the next six months. This initiative …
- EconomyNigeriaTrade and CommerceWestern Africa
How Free Trade Zone Operators Undermine Local Industries, Stakeholders Cry Out
Concerns have continued to mount over the negative impact of operations in Nigeria’s Free Trade Zones (FTZs) on local businesses and manufacturers, as industry stakeholders decry what they describe as …
- Business and EconomyEastern AfricaEconomyTrade and CommerceUGANDA
Uganda’s Merchandise Imports Surge by 45% Amidst Economic Growth
Uganda has reported a substantial increase in its merchandise imports, reflecting a 45% growth over the past year. This surge is indicative of the country’s expanding economic activities and increasing …
- AgribusinessAgricultureBusinessBusiness and EconomyEconomyFood ProductionINVESTMENTNigeriaWestern Africa
Stakeholders Urge Government to Formulate Policies to Attract Agricultural Investments
Agricultural stakeholders have called on the Nigerian government to create and implement policies that attract private sector investments into the agricultural sector. They emphasize that such policies are essential to …
- AfricaEconomyEgyptNorth Africa
Egypt’s Economic Reform Program: IMF Approves $1.2 Billion Disbursement Amidst Inflation Challenges
The International Monetary Fund (IMF) has approved a $1.2 billion disbursement to Egypt following the completion of the fourth review of the country’s economic reform program. This decision underscores the …
- BusinessBusiness and EconomyEastern AfricaEconomyFinance & ServicesGOVERNMENTSecurityUGANDA
Ugandan Government Raises Over Sh2 Trillion from Securities in February
In a significant financial development, the Ugandan government amassed a total of Sh2.27 trillion in February 2025 through the issuance of its securities, as detailed in the latest economic performance …