Economy

By Emmanuel Nduka The Nigerian Senate in a significant move to reshape the country's financial landscape, has proposed a bill to strip the Central Bank of Nigeria (CBN) of its final decision-making power in setting interest...

By Emmanuel Nduka Nigeria's Minister of Aviation and Aerospace Development, Festus Keyamo has "temporarily" suspended the enforcement granted Messers NAEBI Dynamic Concept Ltd, by the Federal Government, as consultants to collect levies on Helicopter landing. The...

By John Ikani A new report by Swissaid, a development organization, has shed light on the concerning trend of gold smuggling out of Africa. The report estimates that in 2022 alone, over $30 billion worth of...

By John Ikani The digital asset landscape is recording a boom, with a staggering 34% increase in global crypto ownership reported in 2024. This translates to 562 million people worldwide now holding crypto assets, representing a...

By Emmanuel Nduka After two years, the Nigerian National Petroleum Company (NNPC) Limited has announced the signing of a settlement agreement facilitating the divestment of ExxonMobil’s stake in Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy...

By Emmanuel Nduka  Microsoft announced the introduction of its first African Startups AI Fest at GITEX Africa in Marrakech, Morocco today. Spearheaded by the organisation’s Africa Transformation Office (ATO), the event scheduled for June 6, 2024,...