Nigeria, one of Africa’s biggest economies, is currently facing serious power problems, even though it has huge energy resources. With a population of over 200 million people and rich oil …
More than 70 million contactless debit cards given to Nigerians by banks are still not being used, mainly because many Nigerians do not trust the technology. Even though the cards …
Air travel in Nigeria is yet to bounce back to the level it was before the COVID-19 pandemic, mainly because many Nigerians are still facing financial pressure. With rising airfares …
The Manufacturers Association of Nigeria (MAN) has raised the alarm over a proposed reintroduction of the suspended 4% Free-on-Board (FOB) levy by the Nigeria Customs Service (NCS), warning that the …
The Federal Inland Revenue Service (FIRS) has launched a new Gender Desk and Women Network initiative, pledging to mainstream gender equality across its operations, including planning, budgeting, data collection, and …
The recent trade decision by United States President Donald Trump is now causing serious economic pressure across Africa. President Trump, under his “Liberation Day” trade policy, has introduced fresh tariffs …
South Africa’s credit rating has been kept at ‘BB-‘ with a stable outlook by two of the world’s major credit rating agencies — Fitch Ratings and S&P Global Ratings. This …
The government of Tanzania has stopped the importation of agricultural goods from both Malawi and South Africa with immediate effect. This decision was announced by the country’s Minister of Agriculture, …
Uganda’s government has announced a major increase in its proposed national budget for the 2025/2026 financial year. According to the Ministry of Finance, Planning and Economic Development, the new budget …
The inflation rate in Kenya has climbed to 4.1% in April 2025, rising from 3.6% recorded in March. This is according to new data released by the Kenya National Bureau …