Former Finance and Industry, Trade, and Investment Minister, Olusegun Aganga, has called for urgent, cohesive action from the Nigerian government to harness the potential benefits of the African Continental Free…
Economy
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The U.S. dollar is on track for its third consecutive monthly gain, buoyed by robust U.S. economic growth figures that suggest interest rates may remain high for an extended period.…
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The African continent is on the brink of a renewable energy renaissance with a significant boost from the Green Climate Fund (GCF). In a decisive move to tackle the chronic…
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Ivory Coast, the world’s largest cocoa producer, is facing a standoff with multinational chocolate companies over the premium it charges to improve the income of its farmers. The West African…
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Zimbabwe is facing severe food insecurity due to recurrent droughts, economic challenges, and the impact of the COVID-19 pandemic. According to the World Food Programme, more than 8.6 million people,…
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Vice President Kashim Shettima emphasized the necessity of the direct engagement of capital market stakeholders to mitigate Nigeria’s staggering $3 trillion infrastructure deficit. He advocated at the West Africa Capital…
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Economy
Global Markets React as Mixed Economic and Corporate Signals Cause Stocks and Treasury Yields to Retreat
Global markets witnessed a day of turbulence as investors grappled with a complex blend of economic and corporate indicators. The fluctuating landscape has resulted in a decline in stock markets…
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South Africa’s largest pharmacy retailer, Clicks, reported an 11.5% rise in full-year earnings on Tuesday despite facing challenges such as civil unrest, power cuts, and supply chain disruptions. The company…
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Africa is one of the fastest-growing regions for cloud computing services as more businesses and startups adopt digital technology. However, the market is still small and faces data localization and…
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The Nigerian fintech sector is booming, but so is fraud. When FinTech companies are involved, it’s becoming difficult to resolve cases without involving the Central Bank of Nigeria (CBN). According…