Economy

Kenya has taken a bold step toward reducing dependence on the US dollar and other foreign currencies in trade with the introduction of a pan-African payment system, aligning with President William Ruto’s vision for financial independence...

By Enyichukwu Enemanna President Yoweri Museveni has appointed Michael Atingi-Ego as Uganda's new Central Bank Governor, ending a three-year period without a substantive head since the death of Emmanuel Tumusime-Mutebile in January 2022. Before his appointment,...

By Emmanuel Nduka  U.S. President Donald Trump has disbanded the Kleptocracy Asset Recovery Initiative, a specialized Department of Justice (DOJ) team tasked with recovering billions of dollars looted by Nigeria's late military leader, Sani Abacha, and...

The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday in Yenagoa, Bayelsa State, played host to a visiting team of ranking military officers from the Nigerian Army Resource Centre (NARC), Abuja, who are in the...

IBM Joins List Of Major Foreign Tech Giant That Have Exited Nigeri After over 50 years of operation in Nigeria, American tech giant IBM has decided to shut down its operations. Heritage Times HT reports that...

The Africa Energy Bank, designed to finance oil and gas ventures across the continent, is expected to commence operations by mid-year, with South Africa signalling interest in joining, according to an Afreximbank executive. A collaboration between...