The United States dollar weakened on Wednesday, losing ground against major global currencies as financial markets priced in a possible interest rate cut by the Federal Reserve. The decline comes …
Trade
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CurrencyEconomyFinanceInternationalMonetary PolicyTrade
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AviationBusinessEconomyTradeTransportation & Logisitics
Foreign Airlines Accused of Frustrating Cargo Clearance at Nigerian Airports
Licensed freight agents under the Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) have accused some foreign airlines of causing delays in cargo clearance at Nigerian airports …
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EconomyGlobal NewsMarketsPoliticsTechnologyTrade
China Condemns Trump’s 100% Tariffs on Chinese Goods
China has criticised the decision by the United States President, Donald Trump, to impose 100 per cent tariffs on all Chinese goods, describing the move as “hypocritical” and harmful to …
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BankingDigital EconomyEastern AfricaFinanceSMEsTrade
CIB Kenya targets SMEs with digital banking and trade finance expansion
Commercial International Bank (CIB) Kenya is setting its sights on reshaping the country’s banking landscape through a digital-first approach and innovative lending models that focus on small businesses and regional …
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BusinessEconomyEnergyInfrastructureOil & GasTrade
Nigeria’s Petrol Import Falls to Eight-Year Low Amid Refining Reforms
Nigeria’s importation of Premium Motor Spirit, popularly known as petrol, has fallen to its lowest level in eight years as local refining capacity and government reforms continue to reshape the …
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AgricultureBusinessEconomyManufacturingPoliciesTrade
CPPE Urges FG to Boost Agriculture, Manufacturing and Trade to Turn Growth Into Jobs
The Centre for the Promotion of Private Enterprise (CPPE) has called on the Federal Government to urgently step up interventions in agriculture, manufacturing, construction, real estate, and trade in order …
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BusinessEconomyEnergyInternational RelationsINVESTMENTTrade
Nigeria to Showcase Investment Opportunities at Türkiye-Africa Business and Economic Forum 2025
Nigeria will take a central role at the Türkiye-Africa Business and Economic Forum (TABEF) 2025 as the Chairman of the Nigeria-Türkiye Business Council (NTBC), Mr. Dele Oye, leads the country’s …
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Eastern AfricaEconomyInfrastructureINVESTMENTTradeTransport
Rwanda Bets on Lake Kivu Transport Projects to Boost Trade and Regional Connectivity
Rwanda is moving to strengthen its position as a logistics hub in East Africa by investing heavily in transport projects along Lake Kivu. The projects, which include the construction of …
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EconomyGOVERNMENTMiningSouthern AfricaTrade
Botswana’s Economy Shrinks as Diamond Output Falls Sharply in Second Quarter
Botswana’s economy suffered a major setback in the second quarter of 2025 as output from its diamond sector, the backbone of the country’s revenue, dropped sharply, triggering the steepest contraction …
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Eastern AfricaEconomyInnovationMediaTechnologyTrade
Kenya’s Pay-TV Market Shrinks as Regulator Shifts to “Active Subscriptions”
he Communications Authority of Kenya (CA) has introduced a new way of measuring television subscriptions, moving from cumulative sign-ups to “active subscriptions” — accounts that have generated revenue within the …