Nigeria’s first lady, Aisha Tinubu, is set to receive N1.5 billion ($3.9 million) for the purchase of vehicles for her office, according to the 2023 supplementary budget proposal submitted by…
economy
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Nigeria, Africa’s largest economy, has announced a proposed budget of N26 trillion ($34 billion) for the 2024 fiscal year, a 19% increase from the current budget of N21.8 trillion. The…
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Zimbabwe faces a massive brain drain as thousands of skilled workers leave the country in search of better opportunities abroad. The economic meltdown, which has been worsened by the impact…
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 Kenya’s trade deficit, the gap between imports and exports, narrowed by 9.7% or $727 million in the first eight months of 2023, according to the latest data from the Kenya…
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South Africa’s currency, the rand, fell back on Wednesday after a brief rally on Tuesday as investors awaited the release of the minutes of the latest Federal Reserve meeting and…
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The Gambia, a small West African nation, plans to launch its first stock exchange to diversify its financial sector and provide more business funding options. The country’s economy has been…