African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
President Bola Ahmed Tinubu has signed a landmark Bilateral Air Service Agreement (BASA) with Brazil, opening a new chapter in aviation, trade, and diplomatic relations between Nigeria and South America’s …
Oil-producing states in Nigeria have reduced their domestic debts by about N610.84 billion between June 2023 and March 2025, largely due to record inflows from the 13 per cent derivation …
The Nigerian naira lost a little ground in the official foreign exchange market on Monday, slipping from N1,535.03 to N1,536.42 per dollar. The minor drop, according to market analysts, was …
Many Nigerians are increasingly changing their mobile networks in search of better service quality and affordable packages. The trend, popularly called “network hopping,” has become more common in the telecom …
The Consumers Association of Malawi (CAMA) has challenged all presidential aspirants in the September 16, 2025, general elections to give clear and practical answers on how they will fund and …
The Nigerian Electricity Regulatory Commission (NERC) has officially transferred regulatory oversight of the electricity market in Bayelsa State to the Bayelsa State Electricity Regulatory Agency (BYERA), marking another major step …
Wema Bank Plc has announced that it has successfully exceeded its recapitalisation target after raising N157bn through the first phase of its capital-raising exercise. The funds were secured from a …
The African Reinsurance Corporation has reported a strong financial performance for the first half of 2025, with Gross Written Premium rising by 15.31 per cent to $644.30 million, up from …
The Pension Fund Operators of Nigeria (PenOp) has advised all participants in the Contributory Pension Scheme (CPS) to take part in the ongoing Data Recapture Exercise (DRE), stressing that the …
Heirs Insurance Group has launched a ₦5 million grant scheme to support retirees and pre-retirees in achieving their long-held retirement aspirations. The initiative, called the Heirs Insurance Retirement Dream Competition, …
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