Economy

By Emmanuel Nduka As is the case with consumables in Nigeria, the price of tomato and pepper has reached alarming costs. Heritage Times HT reports that a small basket of tomatoes which sold for between N8,000...

By Lucy Adautin Nigeria's Minister of Aviation, Festus Keyamo, has announced that the United Arab Emirates (UAE) government plans to lift the visa ban on Nigerian travelers soon. In a 44-minute interview with the Senior Special...

By Emmanuel Nduka The Nigerian Government has responded to the New York Times’ recent article by Ruth Maclean and Ismail Auwal in the New York Times, titled “Nigeria Confronts Its Worst Economic Crisis in a Generation,”...

The Federal Government of Nigeria has sealed a Memorandum of Understanding (MoU) with the African Export-Import Bank (Afreximbank) seeking to establish a $3 billion Nigeria Industrialization Financing Facility for an industrial park and light manufacturing. The...

By John Ikani The Kenyan shilling is on a roll, reaching a 15-month high against the US dollar. This surge is fueled by a combination of factors, including strong agricultural exports and reduced demand for dollars...

By Enyichukwu Enemanna Qatar Airways is closing deals to become the biggest shareholder of the Rwanda flag carrier, RwandAir by July, the Chief Executive of RwandAir, Yvonne Makolo has announced. “It’s been going on for a...