African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
The Office of the Auditor-General of the Federation has accused the Central Bank of Nigeria, under former Governor Godwin Emefiele, of re-circulating dirty and unfit banknotes valued at N29.77bn in …
The Manufacturers Association of Nigeria has warned that the country’s unreliable and expensive electricity supply continues to frustrate industrial growth, as manufacturers spent N676.6bn on alternative energy in the first …
British American Tobacco Nigeria (BAT Nigeria) has received praise for its strong contribution to Nigeria’s manufacturing industry, after recording more than $300 million in export earnings between 2022 and 2024. …
The Manufacturers Association of Nigeria (MAN) has again raised alarm over the difficult situation facing the country’s manufacturing sector. The association said the Nigerian business environment has become so challenging …
Nigeria’s recent upgrade by S&P Global Ratings to a “positive” outlook has strengthened confidence in the Central Bank of Nigeria’s (CBN) ongoing currency reforms and economic policies. Analysts say the …
Toyota Nigeria Limited is using the 25th Abuja International Motor Fair to do more than showcase new vehicles. The company is taking the opportunity to remind Nigerians of its long-standing …
Nigeria imported raw materials worth N1.72tn from Asia in the first half of 2025, according to new figures released by the National Bureau of Statistics. The number shows how strongly …
Some retirees of First Bank of Nigeria staged a peaceful protest at the bank’s headquarters in Marina, Lagos, on Wednesday, calling for improved welfare and an urgent review of their …
The Lagos SME Bootcamp has empowered more than 700 small business owners during the 8th edition of its annual programme held recently in Lagos. The three-day event focused on major …
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced an increase in Nigeria’s local fish production, saying the rise reflects renewed investment, stronger cooperation with coastal communities, and …
Chat us up