Economy

By John Ikani The United States, on Thursday, imposed sanctions on two companies and an individual, alleging their involvement in worsening the instability in Sudan amidst ongoing conflict that has resulted in the loss of lives...

By John Ikani Nigeria's currency, the Naira, has continued its free fall, reaching N1005 per dollar in the parallel market yesterday, in contrast to the N995 per dollar rate on Tuesday. Likewise, within the Investors and...

By Emmanuel Nduka The British Government-backed UK Export Finance (UKEF) has delayed a £100m ($121.9m) payment for the development of Nairobi Railway City in Kenya. This is UK's largest investment in Kenya since Brexit. The block...

By Enyichukwu Enemanna The Central Bank of the United Arab Emirates (CBUAE) and Central Bank of Egypt (CBE) on Thursday reached a bilateral agreement to swap their local currencies to the tune of over $1 billion...

By Enyichukwu Enemanna At least 11 officials have been relieved of their jobs by Uganda's wildlife authority for allegedly producing and selling fake gorilla permits to tourists. Gorillas generate significant tourism revenue for wildlife conservation efforts...

By John Ikani  Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso intends to implement immediate measures to bolster the fragile trust of foreign investors in the Nigerian economy. The goal is to halt the...