Nigeria’s once-booming textile industry is now a shadow of its former self, as cheap imports from China, high production costs, and weak government policies have crippled local manufacturing. In the …
For too long, many Nigerians have underestimated the power of politics. There is a common belief that as long as the economy is thriving, political issues can be overlooked. However, …
The Central Bank of Nigeria (CBN) has declined the nomination of Dr. Adewale Bolorunduro, a former Commissioner for Finance in Osun State, as a Director of the state-owned Living Trust …
The Federal Government of Nigeria has provided N471.69 billion in subsidies to support the nation’s electricity sector during the fourth quarter of 2024. This subsidy accounts for approximately 57% of …
The Federal Ministry of Industry, Trade and Investment has called an emergency meeting to address the growing concerns over a new levy introduced by the Financial Reporting Council of Nigeria …
The Federal Government has disclosed that a total of 457 illegal mining sites have been identified across Nigeria within the past year, a revelation that underscores the scale of unregulated …
In a significant financial development, the Ugandan government amassed a total of Sh2.27 trillion in February 2025 through the issuance of its securities, as detailed in the latest economic performance …
Controversial French billionaire, Vincent Bolloré, is once again in the spotlight — this time facing fraud allegations tied to his port operations in Africa. French prosecutors have intensified investigations into …
In a bold move to curb import dependence and achieve food sovereignty, the Senegalese government has unveiled an ambitious plan to produce 1.4 million tonnes of rice locally by 2025, …
Amid rising concerns about the profitability of state-owned enterprises (SOEs) across Africa, Ghana has spotlighted its top-performing government-backed businesses – and the numbers are eye-catching. According to fresh data, the …
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