Economy

The South African rand started the new year on a sour note, falling sharply against the U.S. dollar on Tuesday.   Based on a report by Reuters, the rand traded …

Felix Tshisekedi, President of the Democratic Republic of Congo, clinches a second term with a 73.3% win, as opposition leaders Moise Katumbi and others dispute the election results and call …

The Nigerian manufacturing sector in 2023 faced significant challenges, including infrastructure decay, insecurity, inadequate electricity, forex shortages, and high taxation, leading to a tough operating environment for businesses.

Discover the new era of automotive care with Toyota Nigeria’s latest range of high-quality vehicle enhancement products – a game-changer in vehicle maintenance.

NEXIM’s Bello exposes West Africa’s low cocoa profits at a briefing for ICCF 2024, advocating for increased investment and value addition.

The US dollar is losing its appeal as the Federal Reserve prepares to slash interest rates in the face of a slowing economy and rising inflation.   The greenback has …

Angola, one of Africa’s largest oil producers, has announced its departure from the Organization of the Petroleum Exporting Countries (OPEC) after a dispute over its output quota. The move could …

Egypt has raised $800 million from selling a stake in seven of its most iconic hotels to a local real estate developer, as part of a wider plan to privatize …

Ms. Yan Yuqing, China’s Consul General in Lagos, discusses enhancing Nigeria-China trade and diplomatic ties in a recent interview.

The long-standing conflict over the Grand Ethiopian Renaissance Dam (GERD) has reached a new impasse, as Egypt announced on Tuesday that the latest round of negotiations with Ethiopia and Sudan …