Economy

In an unprecedented move, the Central Bank of Nigeria (CBN) debited N1.62 trillion from 10 banks in the first half of 2023 because they did not meet the 32.5% Cash …

Africa has witnessed a wave of coups and coup attempts in the past year, raising fears of a democratic backsliding in the continent. The latest coup in Gabon, where General …

South Africa will welcome delegates from the US and sub-Saharan Africa for a trade and economic forum in November, despite some US lawmakers calling for a change of venue over …

Delta State Governor, Sheriff Oborevwori, took a firm stance against the Federal Government’s continuous reliance on petrol imports, emphasizing the financial strain it places on the nation’s economy. He passionately …

Despite recent earthquake tremors in the North African nation, the much-anticipated Annual Meetings of the World Bank and the International Monetary Fund (IMF) are set to proceed as scheduled from …

The International Monetary Fund (IMF) and the World Bank have announced that they will go ahead with their scheduled 2023 Annual Meetings in Marrakech, Morocco, despite the recent earthquake that …

Novo Nordisk, the world’s largest maker of diabetes drugs, has teamed up with Aspen Pharmacare, Africa’s biggest pharmaceutical company, to produce and distribute low-cost insulin for millions of people in …

Abuja, Nigeria’s gleaming capital, is a testament to the nation’s wealth and potential. With its broad avenues and modern infrastructure, it exudes an aura of prosperity. However, beneath this polished …

Amid rising concerns over fuel subsidy removal, the Nigeria Labour Congress (NLC) will attend a government-called meeting. This move is in hopes of preventing a proposed indefinite strike by the …