Ghana’s current account deficit is projected to widen in 2022, as Nigeria records its first surplus in over 2 years
Fitch Solutions has projected that Ghana’s current account deficit would widen slightly from an estimated...
West Africa
Julius Berger Nigeria Plc is diversifying into cashew processing; here’s how that is going
Julius Berger has diversified into cashew nuts business and is set to unveil its multi-million...
A massive undertaking: repairing Nigeria’s education system
Nigeria’s education system is facing massive challenges. Many Nigerian students are looking up education aids...
Nigeria is racing to end the week-long fuel scarcity that is threatening to destabilise the economy
Since last week, Nigerians have been queuing for long hours just to buy fuel. And...
Subsidy to hit N9bn daily, as oil price crosses $96, bringing more pains than joy for Nigeria
A hundred dollar oil price is good news for any oil-producing nation, but for the...
Nigeria’s inflation rate drops from 15.63% to 15.6% in January 2022
The latest consumer price index report by the National Bureau of Statistics (NBS) has shown...
Africa’s richest man, Aliko Dangote, adds $950 million to his personal worth as shares of Dangote Cement continues to rise
Aliko Dangote got off to a great start in 2022, adding about $950 million to...
Oil price uncertainty, insecurity, threaten Nigeria’s economic outlook – International Monetary Fund (IMF)
Nigeria’s economic outlook faces significant risks from the covid-19 pandemic trajectory, oil price uncertainty, and...
Remove fuel subsidy and official exchange rate, International Monetary Fund urges Nigeria Federal Government
Two weeks after the Federal Government suspended the removal of petrol subsidy, the International Monetary...
Ghana accuses Moody’s and Fitch Ratings of ‘bias’ after its credit rating was downgraded by the agencies
The Ministry of Finance in Ghana has accused Moody’s Investors Service of bias, following the...