African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
The International Energy Agency (IEA) has applauded the reforms taking place in Nigeria’s upstream petroleum sector, following detailed explanations from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on how the …
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr Taiwo Oyedele, has assured Nigerians that the new tax reform laws taking effect from January 2026 will reduce …
The United States dollar fell on Tuesday as new economic data — much of it delayed by the recent government shutdown — supported expectations that the Federal Reserve may cut …
The Federal Government may move against the assets of Dana Air to refund passengers and travel agents whose funds remain trapped after the suspension of the airline’s operations. The Minister …
Nigeria’s Contributory Pension Scheme (CPS) has continued to grow steadily, with a total of 10,928,039 Retirement Savings Account (RSA) holders recorded in September 2025. This represents an increase from 10,882,661 …
India’s Supreme Court has opened a major legal door for billionaire brothers, Nitin and Chetan Sandesara, after ruling that they can settle one of India’s largest alleged bank-fraud cases by …
Africa’s growing $100 billion credit shortfall for small and medium enterprises is forcing banks, telecom operators, and fintech companies across the continent to work together in ways that were unthinkable …
Nigeria’s imports of refined petroleum products from Malta have fallen sharply by 60 percent in 2024, marking a major shift in the country’s downstream fuel supply pattern. The drop comes …
Afreximbank has restated its strong commitment to increasing intra-African trade, supporting industrial growth, and strengthening value-chain development under the African Continental Free Trade Area. The bank said it will continue …
The naira recorded another week of negative trading performance as the currency weakened at both the official and parallel foreign exchange markets. At the official Nigerian Foreign Exchange Market, the …
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