Economy

A federal appeals court has temporarily blocked a lower court’s decision that declared the bulk of President Donald Trump’s global tariffs illegal, granting the administration a reprieve as it fights to preserve its trade policies. The...

The Management of Heritage Times HT has congratulated Mauritania's Dr. Sidi Ould Tah as the 9th President Elect of the African Development Bank Group (AfDB). In a congratulatory statement issued in Abidjan, Côte d’Ivoire on Wednesday...

By Enyichukwu Enemanna  Sidi Ould Tah of Mauritania has been elected the 9th President of the African Development Bank Group. He was elected on Wednesday at the Bank’s Annual Meetings held in Abidjan, Côte d’Ivoire. Tah...

A dramatic reversal in Africa's energy trade dynamics has seen South Africa eclipse Nigeria as the continent's largest petrol importer, according to new industry data. This shift follows Nigeria's significant progress in reducing fuel imports through...

By Enyichukwu Enemanna South Africa has offered to buy liquefied natural gas (LNG) from the United States in a trade deal proposal, which would in turn see the African nation enjoy waiver in the payment of...

The Nigerian naira is projected to weaken by at least 6% between 2025 and 2026, according to the African Development Bank's latest economic outlook, setting the stage for fresh challenges to the country's currency stability. The...