More than 100 countries including China, India, Brazil, and South Africa—face serious obstacles that could hinder their efforts to become high-income countries in the next few decades,...
The African Development Bank has signed a $20 million equity investment in the African Infrastructure Investment Fund 4. The deal, signed on 31 July 2024, reinforces...
The Board of Directors of the African Development Bank Group has approved a loan of $500 million to the Federal Republic of Nigeria, to finance the...
Flutterwave, a leading payments technology company, has recently been granted a Payment Service Provider license (Enhanced Category) by the Bank of Ghana. The milestone marks a...
Federal Capital Territory FCT Minister, Ezenwo Nyesom Wike has called on those protesting against Endbadgovernance to come for dialogue, saying government is ready to listen to...
In 2002, Africa seemed poised to rise. Wealthy creditor nations were wiping billions of dollars of unsustainable debt off the books of sub-Saharan countries, and global...
For the seventh session in a row, the All Share Index of the Nigerian equities market continued its downward trend as the benchmark index lost 6bps...
To improve global trade in Africa and align with international regulatory and compliance standards, African Export-Import Bank, in partnership with the Inter-Governmental Action Group against Money...
Oil prices climbed around $2 on Wednesday, rebounding from 7-week lows, as the killing of a Hamas leader in Iran ratcheted up tensions in the Middle...
FCMB Group Plc says it plans to raise N397 billion in three phases ahead of the Central Bank of Nigeria (CBN) recapitalisation exercise. Ladi Balogun, FCMB...
Chairman of the Federal Inland Revenue Service (FIRS), Zach Adedeji, announced that the federal government will reduce monthly spending on petrol imports by a staggering $610...
The Lagos bourse extended losses from the previous session as the benchmark index gave up 31bps to close at 97,830.65 points. Selling pressures in GTCO (-0.11%),...
A former Secretary to the Government of the Federation SGF, Engr. Babachir Lawal has advised President Bola Tinubu to immediately address the nation, outlining immediate and...
TETFund, is starting a “learn to work” programme on campuses nationwide in collaboration with industry partners. The collaboration will provide outsourcing employment opportunities for students while...
Italy’s National Promotional Institution Cassa Depositi e Prestiti (CDP) and the African Development Bank Group plan to jointly invest up to €400 million over five years,...