Economy

Nigeria’s Dangote Oil Refinery has laid off some of its workers, raising concerns about stability at Africa’s largest private refinery project. A copy of a letter from the company, sighted …

Traders at United Bank for Africa (UBA) have projected that cautious investor sentiment will continue to dominate the Nigerian fixed income market this week as attention shifts to Monday’s bond …

Rwanda is moving to strengthen its position as a logistics hub in East Africa by investing heavily in transport projects along Lake Kivu. The projects, which include the construction of …

Botswana’s economy suffered a major setback in the second quarter of 2025 as output from its diamond sector, the backbone of the country’s revenue, dropped sharply, triggering the steepest contraction …

Kenyan Members of Parliament have begun reviewing a petition that seeks to restrict loan interest so that it never exceeds the original amount borrowed. The move comes as concerns grow …

he Communications Authority of Kenya (CA) has introduced a new way of measuring television subscriptions, moving from cumulative sign-ups to “active subscriptions” — accounts that have generated revenue within the …

An International Monetary Fund (IMF) staff team is set to arrive in Nairobi on September 25 for a two-week mission to open discussions with Kenyan authorities on a potential new …

Across Lagos, Kano, and Port Harcourt, the chatter in factories, workshops, and tech hubs carries a common question—can Nigeria truly rely on local production to withstand global shocks? The past …

Nigeria has spent about N804.10 billion on arms and ammunition imports between 2020 and the second quarter of 2025, according to new data released by the National Bureau of Statistics …

The BATN Foundation has restated its commitment to empowering Nigeria’s smallholder farmers and strengthening the nation’s agricultural ecosystem through its 2025 Agribusiness Dialogue Session. The biennial event, which took place …