The Central Bank of Nigeria (CBN) will today conduct its second Treasury Bills (T-bills) auction for January 2026, offering instruments worth N1.15 trillion amid elevated system liquidity and mixed expectations …
Economy
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AfricaEconomy
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BusinessEconomyLabour and EmploymentPublic PolicySocial WelfareSouth Africa
Uncertainty Grows Over Future of South Africa’s SRD Grant
The debate over the future of South Africa’s Social Relief of Distress (SRD) grant is gaining fresh attention as the National Treasury considers major changes that could reshape how the …
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BankingEconomyGhanaGovernancePublic FinanceUncategorized
Ghana Seeks Reforms as Gold-for-Reserves Scheme Records Heavy Losses
by Radarr Adminby Radarr AdminGovernor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has called for a united national effort to reform and strengthen Ghana’s Domestic Gold Purchase Programme (DGPP) and the Gold-for-Reserves …
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The United States has placed Nigeria, South Africa, Kenya and several other African countries on notice, threatening to impose sweeping 25 per cent tariffs on their exports for continuing business …
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The World Bank has revised upward its growth outlook for Nigeria, projecting the country’s economy to expand by 4.4 per cent in 2026, up from the 3.7 per cent forecast …
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EconomyUncategorized
US investor Joe Lonsdale leads $11.7m funding for Nigerian defence drone startup
Terrahaptix, a Nigerian defence technology startup, has raised $11.7 million in fresh capital to expand the development and deployment of security drones and related surveillance systems across Africa, as concerns …
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The Nigeria Customs Service (NCS) has commenced the implementation of a new Standard Operating Procedure (SOP) to regulate courier companies operating under the Delivered Duty Paid (DDP) Incoterm. The Comptroller-General …
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BankingBusinessEconomyEnergyFinanceInfrastructurePower Sector
Sahara Power Services $438m Loan, Backs Nigeria Power Sector Growth Plans
by Radarr Adminby Radarr AdminSahara Power Group has disclosed that it has so far paid the naira equivalent of $438 million in loan repayments, representing about 73 per cent of its original $600 million …
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EconomyGOVERNMENTPoverty AlleviationPublic SectorSocial WelfareSouth Africa
Sassa Urges Calm as January 2026 Grants Roll Out
The South African Social Security Agency (Sassa) has announced the payment schedule for its first social grants of 2026, urging beneficiaries to remain calm and avoid rushing to payment points …
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BusinessEconomyEnergyManufacturingOil & GasUncategorized
Dangote Refinery Says Operations Ongoing, PMS Supply Stable
Dangote Petroleum Refinery has firmly dismissed reports claiming that it has shut down operations for maintenance, describing the information as false, misleading, and capable of causing unnecessary panic in the …