Economy

Oil-producing communities in the Niger Delta are taking fresh steps to ensure they harness the benefits of the Petroleum Industry Act (PIA) for rapid and sustainable development. Stakeholders from across …

The Centre for the Promotion of Private Enterprise (CPPE) has called on the Federal Government to urgently step up interventions in agriculture, manufacturing, construction, real estate, and trade in order …

Nigeria will take a central role at the Türkiye-Africa Business and Economic Forum (TABEF) 2025 as the Chairman of the Nigeria-Türkiye Business Council (NTBC), Mr. Dele Oye, leads the country’s …

Nigerian businessman, Femi Otedola, has strongly denied claims linking him to the controversial fuel subsidy fraud investigated under former President Goodluck Jonathan’s administration. He described the allegations made by Umar …

The currencies of several African countries are expected to remain stable in the coming week, with Uganda’s shilling projected to strengthen slightly against the United States dollar, according to traders. …

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 …