Businesses across Nigeria say high interest rates have become the most severe challenge affecting their operations, surpassing long-standing problems like insecurity and poor electricity supply. This was revealed in the …
INFLATION
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BusinessDevelopmentEconomyFinance & ServicesPolicies
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EconomyFinance & ServicesGOVERNMENTInfrastructurePolitics
Senate, Reps Extend 2024 Capital Budget to December 2025 Amid Criticism
For the second time this year, Nigeria’s Senate and House of Representatives have approved an extension of the capital component of the 2024 national budget to December 31, 2025. The …
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AfricaAviationBusiness and EconomyEnvironmentGlobal NewsMiddle east
The Effect of Israel-Iran Conflict on the People, Global Economy
Tensions between Israel and Iran have sharply increased. This situation is now causing big changes around the world. It affects how people travel, what things cost, and the stability of …
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AfricaAgricultureEconomyPoliciesTrade and Commerce
Malawi’s Maize Crisis Deepens as Traders Export Grain Amid Local Shortage
Malawi is facing another maize shortage even as some traders have started exporting the staple food, leaving farmers selling their produce below government-recommended prices. This troubling development comes at a …
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AgricultureEconomyFinance & ServicesGOVERNMENTInfrastructurePolicies
President Tinubu Says Nigeria Is on Path to Food Sovereignty
President Bola Ahmed Tinubu has said that Nigeria is on its way to food sovereignty due to the policies his administration has put in place. He made this statement on …
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AfricaEconomyGOVERNMENTPoliticsSecurity
Nigerians Celebrate Democracy Day Amid Rising Protests and Rising Living Costs
Nigerians across the country marked Democracy Day on Thursday, June 12, 2025, reflecting on 26 years of uninterrupted civilian rule in the country. The day was a mixture of celebration …
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EconomyMarketsNewsSouth Africa
South African Rand Firms Slightly Ahead of Mining Output Data Release
The South African rand showed modest gains in early trading on Thursday, edging higher as investors awaited key mining production figures. At 06:45 GMT, the rand traded at 17.7150 against …
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BusinessEconomyEntertainmentTechnology
Netflix Hikes Subscription Prices Again in Nigeria, Premium Plan Now ₦8,500
Netflix has once again raised its subscription fees in Nigeria, marking the third increase since 2024. This adjustment, which took effect in May 2025, has affected all subscription tiers, with …
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Banking, Finance & InvestmentEconomyNigeriaOil & GasPolicies
Moody’s Upgrades Nigeria’s Credit Rating But Warns Falling Oil Prices, Inflation Could Threaten Naira Stability
Global credit rating agency, Moody’s Ratings, has upgraded Nigeria’s long-term foreign and local currency issuer ratings from Caa1 to B3, citing improved transparency in the country’s foreign exchange system and …
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BusinessEconomyFinance & ServicesPoliciesSouth Africa
South Africa’s Rand Weakens Slightly Ahead of Interest Rate Decision as Markets Watch SARB Closely
The South African rand opened weaker on Tuesday morning as financial markets turned their focus to the upcoming interest rate decision by the South African Reserve Bank (SARB),the rand was …