The second half of 2024 is expected to see a significant influx of capital, according to a report by Standard...
The naira has witnessed a change in fortune, emerging as the worst-performing currency in the world in April, a new...
The International Monetary Fund (IMF) on Thursday urged the Central Bank of Nigeria (CBN) to adopt a well-designed foreign exchange...
Commercial banks’ credit to the government dipped to a one-year low in the first quarter of 2024 despite higher interest...
The International Monetary Fund (IMF) has urged caution regarding ongoing amendment to the Central Bank of Nigeria (CBN) Act, warning...
The International Monetary Fund (IMF) has stressed on the need for the Nigerian government to focus on implementing reforms critical...
Strong domestic demand for locally produced goods positions the food and beverage sector as an attractive investment destination. This comes...
The Central Bank of Nigeria (CBN) has extended the suspension of banks’ processing charges on cash deposits above certain thresholds...
For Amanda Yusuf, a civil servant and mother of three, survival has become a daily struggle as the cost of...
Egypt’s inflation slowed in April to 32.5 percent for a second month on the back of a greater availability of...
Foreign suppliers are no longer rejecting letters of credit from Nigerian businesses, in a boost for manufacturers who had struggled...
The Presidential Committee on Fiscal Policy and Tax Reforms has initiated plans to review the sharing formula for the Value...
African countries have for decades sought to build a vibrant local fashion industry, to supply local demand and earn foreign...
Nigerian Pension Fund Administrators (PFAs) are piling into government Treasury Bills at a record clip, in search of higher yields....
State governments have decried increases in the amounts deducted from the statutory revenue for repayment of foreign loans....