West Africa business news from Nigeria, Ghana, Côte d’Ivoire, Senegal and the wider ECOWAS region.
The National Bureau of Statistics (NBS) has announced a rise in Nigeria’s inflation rate to 24.23% for March 2025. This figure shows an increase from the 23.18% recorded in February …
ABUJA — The Securities and Exchange Commission (SEC) has cautioned Nigerian celebrities and social media influencers against promoting digital asset platforms and meme coins that are not registered or licensed. …
A digital asset platform called CBEX has collapsed, leaving thousands of Nigerians and Kenyans in shock after losing over $800 million in what investigators describe as a well-planned Ponzi scheme. …
Nigerian traditional, religious, and community leaders are partnering with the Ford Foundation to address gender-based violence (GBV) in West Africa by transforming harmful cultural and religious practices that reinforce inequality. …
The Public Complaints Commission (PCC) has promised to support the Pension Transitional Arrangement Directorate (PTAD) in creating more awareness among pensioners under the old Defined Benefit Scheme. This move is …
International credit rating agency, Fitch Ratings, has upgraded Nigeria’s long-term foreign-currency rating from ‘B-‘ to ‘B’, changing the country’s outlook from negative to stable. This announcement was made in a …
The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has said that the bank has disbursed about $50 billion into the Nigerian economy over the past ten years. …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially announced that Nigeria’s crude oil and condensate reserves have reached a total of 37.28 billion barrels, with gas reserves standing at …
Three major aviation unions in Nigeria have threatened to resume a suspended strike over alleged breaches of agreement by the Nigerian Meteorological Agency (NiMet). The unions, in a jointly signed …
Stakeholders in Nigeria’s agricultural sector have expressed strong support for the Federal Government’s launch of the Special Agro-Industrial Processing Zones (SAPZ), describing the initiative as a major step toward food …
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