Economy

By John Ikani The newly appointed Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has assumed office and held his first official meeting with the Directors and some management staff of the Board. Ogbe was appointed last Thursday by President...

Africa's foremost e-commerce company, Jumia says it will pull out Jumia Food, its food delivery business in Africa by the end of 2023, a measure targeted at cutting cost. Countries to be affected include, Nigeria, Kenya,...

By John Ikani Ghana recorded a significant dip in its inflation rate in November, reaching a 19-month low, attributed to base-effect comparisons with the previous year and the proactive tightening of monetary policies by the central...

By Enyichukwu Enemanna The Government of Somalia has held a celebration in the country's capital, Mogadishu, in response to a debt relief amounting to $4.5bn granted in favour of the debt-ridden nation by the International Monetary...

By Enyichukwu Enemanna Many Zimbabweans have expressed dissatisfaction with the award of "Best African Finance Minister of the Year" bagged by the country's Minister of Finance, Mthuli Ncube. They believe the award is not deserving as...

By John Ikani The Central Bank of Nigeria (CBN) has decided to temporarily halt the processing fees on cash deposits exceeding N500,000 until April 2024. The decision, communicated through a circular signed by Adetona Adedeji, the...