Economy

Nigeria, Africa’s largest economy, faces a grim reality as many citizens struggle to meet a stagnant minimum wage amid soaring food prices and inflation. According to a recent report by …

The South African rand remained steady in early trading Monday, navigating influences from global economic trends, including U.S. financial indicators and Middle East tensions, analysts noted. At 06:40 GMT, the …

The South African bank RMB has announced the renewal of its partnership with China Construction Bank (CCB) for another five years. The collaboration, which started in 2009, aims to facilitate …

Italy’s government has postponed the approval of a decree that would boost the country’s energy security and green transition, amid internal disagreements within the ruling coalition. The decree, which was …

Nigeria’s Humanitarian Affairs Minister, Dr. Betta Edu, recently led a pivotal meeting in The Hague, focusing on combating illegal migration and fostering youth development. Joined by representatives from Europe, Asia, …

Amidst infrastructural challenges, Nigeria’s oil sector is undergoing a transformative shift. Leading this change is Aiteo, Nigeria’s foremost independent oil producer, reports Bloomberg. The introduction of a unique oil blend, …

Ethiopian Prime Minister Abiy Ahmed, amidst the turmoil of post-conflict reconstruction, has ignited a diplomatic storm with neighboring countries over Ethiopia’s access to the Red Sea, according to a Bloomberg …

British Prime Minister Rishi Sunak has concluded his diplomatic tour of the Middle East, where he met with the leaders of Egypt, Palestine, Israel and Saudi Arabia. His visit came …

Zimbabwe’s government has set a deadline of December 2025 to phase out the use of the US dollar in the economy, but many citizens and businesses are reluctant to embrace …