Demand growth prospects trigger slump in global oil price
Global prices of oil took a major slump today, indicating an anxiety…
Google, Netflix tax payments to Nigeria surges by 68.12% in 2024
The Federal Government of Nigeria received N3.85 trillion in tax payments from…
Nigeria targets 15% inflation in new budget proposal
Nigeria is targeting a reduction in inflation from 34.6% to 15% by…
Africa to spend $74 billion on debt servicing in 2024 – AFDB
The African Development Bank, AFDB, says African countries will spend $74 billion…
Nigeria’s inflation rate hits 34.6%, highest in 26 years
Nigeria's headline inflation increased to 34.60% in November 2024, indicating a continued…
Inflation, funding major challenge to start-ups in Africa
Inflation and funding have been identified as some of the major problems…
South Africa records more investment outflows with new government bonds
South Africa experienced foreign direct investment outflows amounting to 3.2 billion rand…
South Africa records slow inflation growth
South Africa experienced a smaller-than-anticipated increase in its inflation rate for November,…
World bank cuts Kenya’s growth forecast to 4.7%
The World Bank revised its economic growth forecast for Kenya this year…
Reasons behind Naira’s recent appreciation against the Dollar
The Naira has been gaining rapidly against the dollar in the last…