Niger seeks Russian investment in Uranium and other natural resources
Niger has invited Russian firms to invest in uranium mining and other natural resources as…
What you should know before investing in bank shares
Following the Central Bank of Nigeria's directive in March, which increased the minimum capital base…
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Net FX reserves hit $23bn, new three year high
Nigeria’s net foreign exchange reserves (NFER) has increased to its highest level in over three…
Nigeria, UK to promote economic ties with new partnership
Nigeria and the United Kingdom have established a partnership to promote economic growth, enhance security…
Africa pushes for $120 billion to fight poverty
After the World Bank and its donors announced that they would replenish the International Development…
Nigeria to strengthen economic ties as BRICS partner country
Nigeria has officially been admitted as a partner country in BRICS, a multinational bloc comprising…
African Development Bank raises $2 billion in Bonds as it celebrates Diamond Jubilee
The African Development Bank (AfDB) has successfully launched and priced a new $2 billion five-year…
Trade sense license suspended by CMA for three months
The Capital Markets Authority (CMA) has announced the suspension of the money manager license issued…
Kenya’s Central Bank to decide new lending rate in October
Kenya's central bank said on Monday its Monetary Policy Committee will hold an interest rate…
Tanzania to create employment opportunities with $129M AFDB loan
The African Development Bank (AfDB) has approved a $129.71 million loan to Tanzania aimed at…
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Nigeria to attract investors with new performance based tax incentive
President Bola Ahmed Tinubu has signed a new Executive Order aimed at reducing project costs and taxes, boosting investment, and…
African Banker names Cardoso Central Bank Governor of the Year
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has been named the Central Bank Governor of the Year…
TotalEnergies to sell 12.5% of its Bonga oilfield stake to Shell for $510 Million
TotalEnergies has agreed to sell its 12.5% non-operated stake in Nigeria’s OML 118 Production Sharing Contract (PSC) to Shell Nigeria…
Morocco signs new $50 million investment deal with Catalan companies
Morocco has signed four major investment agreements with companies from Catalonia, Spain, totaling MAD 500 million (approximately $50 million). The…
Sidi Ould Tah elected new AFDB President
Mauritania's former Finance Minister, Sidi Ould Tah has been elected President of the African Development Bank Group for a five-year…
Tinubu creates new Credit Guarantee Company with N100 billion initial capital
Nigerian President, Bola Tinubu has established a new Credit Guarantee Company called National Credit Guarantee Company Limited (NCGC). Tinubu had…
Ethiopia leads Africa’s economic growth with 8.1% GDP expansion
Ethiopia has emerged as Africa’s fastest-growing economy in 2025, achieving an 8.1% GDP growth rate, according to the latest figures…
