Nigerian shipowners are crying out over the high cost of dry-docking their vessels in neighbouring West African countries, while a N50 billion modular floating dock owned by NIMASA lies unused …
A new report has raised questions about the real impact of digital technology in farming across Africa. While mobile phones and internet access have spread widely, many smallholder farmers still …
The Organised Private Sector (OPS) has urged the Central Bank of Nigeria (CBN) to reduce the Monetary Policy Rate (MPR) from its current 27.50 per cent to encourage economic growth. …
South Africa’s pro-business Democratic Alliance (DA) has taken legal action against the government, challenging the legality of the budget process and seeking to block the planned value-added tax (VAT) increase. …
Nigeria’s naira recorded its biggest gain in two weeks, appreciating by 0.6% to 1,530 per dollar as of 11:15 a.m. in Lagos on Wednesday, according to Bloomberg-tracked BMAT spot trading. …
Kenya has been named the largest importer of second-hand clothes in Africa, a title that highlights the country’s ongoing struggle to revive its textile industry while serving as a dumping …
A member of the Central Bank of Nigeria’s Monetary Policy Committee (MPC), Mustapha Akinkunmi, has revealed that Nigeria’s interest rate ranks as the fifth highest in the world. This disclosure …
The South African Reserve Bank (SARB) is contemplating adjustments to its longstanding inflation targeting framework, acknowledging that the current regime may be hindering economic growth and reducing the nation’s competitiveness. …
In a significant development for Nigeria’s education sector, President Bola Tinubu has approved provisional licenses for the establishment of 11 new private universities. The announcement was made during the Federal …
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced plans to sell shares to the public as part of its transition into a fully commercial entity. This move is …