Western Africa

A-Z Petroleum Products Ltd, on Wednesday urged the House of Representatives to help in recovering N30 billion liabilities due to it from the Ministry of Finance, Budget and National Planning …

Governor Dave Umahi of Ebonyi State says the Nigerian government cannot borrow N1.1 trillion to meet the demands of ASUU. The Academic Staff Union of Universities (ASUU) has been on …

A roadmap has been developed for the implementation of the Bank of Ghana Gold Purchase Programme. Consequently, the Economic Management Team, the Bank of Ghana, Ministry of Lands and Natural …

Fitch, a global rating agency, has downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘CCC’ from ‘B-‘. The downgrade, it said, reflected the deterioration of Ghana’s public finances, …

Nigeria spent $2.35bn on telephone importation in three years, according to data from the International Trade Centre. The nation spent $807.95m on importation of phone sets in 2019, $765.57m in …

Nigeria’s sugar import in 2022 from Brazil has increased to N385 billion ($592.18 million). This increment comes amid the forex exchange (FX) restrictions placed on the commodity by the apex …

Parthian Partners Limited, a Nigerian Capital Market Conglomerate, has announced the issuance of its debut N10 billion 3-year Fixed Rate Senior Unsecured Short-term Bond. The issuance represents the first short-term …

Inflation in Ghana accelerated at a faster pace than expected in July as a slump in the value of the cedi raised the cost of imported goods like cooking oil …

AngloGold Ashanti Limited, a global gold mining company has reported a solid performance for the first-half of 2022, with production three per cent higher year-on-year, an increase in total cash …

Airtel Africa, Africa’s leading provider of telecommunications and mobile money services, today, has announced the signing of a $125 million revolving loan facility from Citibank to support operations in its subsidiaries.  …