The Federal Government says it has successfully reduced electricity subsidies by 35% following a new electricity tariff hike that was introduced last year for high-power consumers. Nigeria’s Minister of Power, …
South Africa’s Finance Minister, Enoch Godongwana, has warned that the country’s financial situation may get worse if plans to increase the value-added tax (VAT) rate from May are not allowed …
Former U.S. President Donald Trump has once again stirred global trade waters by introducing heavy new tariffs that affect countries across Africa, as part of what he calls his “Liberation …
Nigeria’s Minister of State for Finance, Doris Uzoka-Anite, has said that the country’s tough economic reforms are now beginning to show positive signs, and investors who were previously worried are …
ADDIS ABABA – Ethiopia’s Ministry of Foreign Affairs (MoFA) has announced major diplomatic achievements over the past nine months, describing its performance as a significant step forward in protecting and …
Economic experts have warned that Nigeria must increase local production and industrialisation if it wants to truly benefit from the African Continental Free Trade Area (AfCFTA) agreement, which offers a …
Top leaders from Nigeria’s private sector, development partners, and government have come together to push for faster action to meet the Sustainable Development Goals (SDGs) before the 2030 deadline. The …
Global credit rating agency, Fitch Ratings, has expressed confidence in the resilience of Nigerian banks, stating that their strong profitability will cushion the impact of the recently imposed windfall tax …
The Minister of Power, Adebayo Adelabu, has said the Federal Government plans to pay N2 trillion out of the N4 trillion it is owing to electricity generation companies (Gencos) before …
The Chairman of the Council of Registered Builders of Nigeria (CORBON), Samson Opaluwah, has raised alarm over the gaps in policy, skills, and standardisation currently plaguing Nigeria’s facility management sector. …
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