Economy

South Africa’s presidency has responded to the latest U.S. tariffs, emphasizing the need for a new trade agreement with Washington to secure long-term trade stability. The statement came after U.S. …

Nigeria and Spain have signed a memorandum of understanding (MoU) to establish political and diplomatic consultations. The agreement, signed by Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, and his Spanish …

The European Union has announced a major investment of €4.7 billion in South Africa. This money will be used to support the country’s transition to green energy and boost vaccine …

JP Morgan is set to expand its footprint in Nigeria by upgrading its Lagos representative office into a full-fledged business branch. The US banking giant plans to apply for a …

Nigeria’s naira recorded its biggest gain in two weeks, appreciating by 0.6% to 1,530 per dollar as of 11:15 a.m. in Lagos on Wednesday, according to Bloomberg-tracked BMAT spot trading. …

The Central Bank of Nigeria (CBN) has debunked a viral report claiming it has introduced N5,000 and N10,000 banknotes to facilitate cash transactions. The apex bank, in a statement released …

Lagos residents faced heavy traffic congestion on Wednesday following the unexpected closure of the Independence Bridge for repairs. The situation was worsened by an early morning downpour, leaving commuters stranded …

CRANEBURG Construction Company, the consultants for the Abia airport project, has assured that skilled and unskilled workers from the host community, Nsulu in Isialangwa North Local Government Area, will be …

cross Africa, a new phase of agriculture is taking shape, driven by the rapid emergence of Artificial Intelligence (AI) and digital solutions. With food security becoming an urgent issue amid …

Wema Bank Nigeria has released its audited consolidated financial statements for the year ending December 31, 2024, to the Nigerian Exchange Group (NGX), proposing a final dividend of N1 per …