Economy

By Enyichukwu Enemanna Landlocked South Sudan says it will resume oil production for export, documents sighted by AFP on Tuesday indicate, following the destruction of a key pipeline earlier this year in neighbouring Sudan, where fighting...

By Enyichukwu Enemanna Nigeria's President, Bola Tinubu has expressed joy at the re-opening of the Warri Refining and Petrochemical Company located in Delta State, the South-South region of the country by the state-owned oil firm, the...

By Emmanuel Nduka The World Bank has approved a $1.5 billion loan to Nigeria following the implementation of key economic reforms, including the removal of fuel subsidies and the introduction of new tax policies, championed by President...

By Emmanuel Nduka Elon Musk's Starlink satellite service, has announced a new round of subscription price increases for its Nigerian market. The hike takes immediate effect for new customers and from January 27, 2025, for existing users,...

China's central bank, the People’s Bank of China, has extended its currency swap agreement with the Central Bank of Nigeria, a deal now worth N3.28 trillion or 15 billion yuan, equating to $2.09 billion. This renewal...

Starting January 2025, Ghana will join the ranks of African nations offering visa-free entry to all African passport holders, marking a significant step toward continental integration. This policy will position Ghana as the fifth African country...