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 …
The Federal Government has waived a total of N97 billion in import duties for essential food items like maize, rice, and sorghum between 2024 and the first quarter of 2025. …
The United Nations (UN) has again called on countries around the world to prepare fresh national climate action plans that will help keep the global temperature rise within 1.5 degrees …
The Organised Private Sector of Nigeria (OPSN) has called on the Federal Government to urgently introduce targeted economic stimulus packages to prevent the poverty rate from rising to 56 per …
Members of the Organised Private Sector (OPS) have expressed fears that Nigeria’s rising inflation could kill the chances of reducing the country’s high interest rate. According to the National Bureau …
The Federal Government has disclosed that 107 companies invested a total of N2.53tn into the Nigerian economy before qualifying for their tax exemption approvals. The companies made these investments across …
Nigeria’s efforts to reduce its heavy reliance on oil revenues are beginning to show results. The Nigerian Export Promotion Council (NEPC) recently reported that the country’s non-oil exports grew by …
Nigeria’s inflation rate has gone up again, according to new data released by the National Bureau of Statistics (NBS). The annual inflation rate stood at 24.23% in March 2025, rising …
African financial markets are currently facing a challenging situation, influenced by both global and local factors. There is growing uncertainty in the global economy, as well as domestic political tensions …
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