Economy

By John Ikani  Nigeria's state-owned oil company, the Nigerian National Petroleum Company Limited (NNPCL), has signed a Memorandum of Understanding (MoU) with the Government of Gambia to explore and develop crude oil in the West African...

By Enyichukwu Enemanna As protests spread across Nigerian cities arising from the scarcity of the newly redesigned Naira notes, the Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has asked all bank staff...

By John Ikani President Muhammadu Buhari has given a directive to the Central Bank of Nigeria (CBN) to release old N200 notes into circulation to co-exist with the new N200, N500, and N1,000 banknotes from February...

By John Ikani Ghana's inflation rate has unexpectedly dropped for the first time in 20 months, largely thanks to a strengthening cedi. According to Government Statistician Samuel Kobina Annim, annual inflation has slowed down from 54.1%...

By Enyichukwu Enemanna The Supreme Court of Nigeria on Wednesday adjourned the suit seeking the extension of the use of old Naira notes in the country as a legal tender. Central Bank of Nigeria (CBN) had...

By John Ikani The Nigerian Content Development and Monitoring Board (NCDMB) has stressed the need to leverage the African Continental Free Trade Agreement (AfCFTA) to facilitate a collaborative local content strategy in Africa. The emphasis was...