Ghana’s currency, the cedi, has continued to maintain relative stability against the US dollar and other major international currencies, as noted in the latest figures released by the Bank of …
GOVERNMENT
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AfricaBusinessBusiness InsightsFinance & ServicesGhanaGOVERNMENT
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Eastern AfricaEconomyELECTRICITYEnergyGOVERNMENT
Kenyans Pay More as IPPs Sell Costlier Electricity Than KenGen
Electricity users in Kenya are facing the burden of inflated power prices due to expensive contracts signed between Kenya Power and Independent Power Producers (IPPs), even though the private producers …
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EconomyEnergyGOVERNMENTInfrastructureKenyaMarkets
Ruto to Privatise Kenya Pipeline Company by September, Eyes Revenue and Market Revival
President William Ruto of Kenya has announced that the Kenya Pipeline Company (KPC) will be listed on the Nairobi Securities Exchange (NSE) in September 2025, marking the first step in …
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GOVERNMENTLabourNigeriaPolicies
Nigerian Union of Pensioners Disowns Planned Protest Over N32,000 Pension Increment
The Nigerian Union of Pensioners (NUP) has distanced itself from any planned protest over the recently announced N32,000 pension increment for retirees under the Defined Benefit Scheme (DBS). The union …
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CorruptionEconomyFinance & ServicesGOVERNMENTInternational Relations
Nigeria, West Africa Lost $407bn to Trade Mispricing in a Decade – AU Panel Warns
Nigeria and several other countries in West and North Africa lost about $407 billion between 2001 and 2010 due to trade mispricing, mostly caused by commercial tax avoidance by multinational …
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The Federal Ministry of Foreign Affairs has strongly criticised the African Democratic Congress (ADC) over its recent comments on delays in ambassadorial appointments, describing the party’s statement as “false,” “insulting,” …
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EconomyGOVERNMENTInfrastructureInsurance
Reps blame NAICOM for 25 insurance firms financial infractions
The House of Representatives has accused the National Insurance Commission (NAICOM) of failing in its regulatory role, saying the lapse allowed widespread financial infractions by 25 insurance firms operating in …
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BusinessDigital EconomyEconomyGOVERNMENTTechnologyTrade and Commerce
Tinubu Orders National Single Window Trade Platform to Go Live by Q1 2026
President Bola Ahmed Tinubu has instructed the National Single Window (NSW) Steering Committee to ensure the full implementation of the digital trade facilitation platform by the first quarter of 2026. …
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AFRICA NEWSBusinessCrimeEconomyGOVERNMENT
Zambia Police Arrest Company Boss Over Alleged Theft of K575,000
The Zambia Police Service has arrested the Managing Director of a private firm, Mr. Abel Ng’andu, over allegations that he stole company money and used it for personal purposes. Mr. …
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EconomyELECTRICITYEnergyGOVERNMENTInfrastructure
States Move to Slash Electricity Tariffs Despite Gencos,
More Nigerian states have joined Enugu State in announcing plans to reduce electricity tariffs within their territories following the new order issued by the Enugu Electricity Regulatory Commission (EERC) that …