African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
The Central Bank of Nigeria (CBN) and the Bank of Angola have signed a Memorandum of Understanding (MoU) to deepen bilateral cooperation and strengthen capacity in central banking operations between …
The Rivers State Government has cancelled the N134 billion contract earlier awarded to China Civil Engineering Construction Corporation (CCECC) for the renovation and furnishing of the state secretariat complex in …
Eterna Plc, a Nigerian oil and gas company, has recorded a strong comeback on the Nigerian Exchange (NGX), gaining over 21% so far in October 2025 after months of losses. …
Wema Bank Plc has announced the successful completion of the second tranche of its N50 billion Special Placement, which was fully subscribed by investors. The achievement further strengthens the bank’s …
The Federal Government of Nigeria (FGN) and some corporate organisations have raised more than N3.4 trillion through the Nigerian Exchange (NGX) between January and August 2025. This was disclosed in …
Zenith Bank Plc has announced plans to expand its operations into Côte d’Ivoire and eight other Francophone African countries, marking a major step in its goal to become a leading …
Global enterprise software company, SAP SE, has launched a new generation of artificial intelligence (AI) tools aimed at transforming how businesses operate across industries. The announcement was made at the …
The Federal Government has unveiled the National Job Centre Project, a nationwide initiative aimed at connecting skilled Nigerians with decent job opportunities and strengthening the country’s labour market infrastructure. The …
The Nigerian Communications Commission has said that recent tariff reforms in the telecommunications industry have attracted over N1tn in new investments by operators, strengthening Nigeria’s digital infrastructure and improving service …
United Bank for Africa Plc (UBA) has announced plans to launch a major whitepaper designed to accelerate Africa’s economic development through improved financial systems, strategic partnerships, and sustainable growth initiatives. …
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