Africa Finance Corporation (AFC) and Africa Social Security Association (ASSA) have launched a collaborative continent-wide initiative to mobilise African institutional savings into long-term infrastructure, building on...
Global debt hit a record high of $337.7 trillion at the end of the second quarter, driven by easing global financial conditions, a softer U.S. dollar...
Lesotho’s trade minister has said that the U.S. plans to extend the African Growth and Opportunity Act, which gives the continent preferential access to U.S. markets,...
The Nigerian government has called for urgent action to promote debt relief as a clear path to peace and prosperity, rather than an act of charity....
Central Bank of Nigeria Monetary Policy Committee at the end of its bi-monthly meeting cut the benchmark rate (MPR) by 50bps to 27.0%. Additionally, the Cash...
Oil prices rose by more than $1 a barrel on Tuesday after a deal to resume exports from Iraq’s Kurdistan stalled, pacifying some investor concerns that...
UN Climate Change Executive Secretary Simon Stiell says clean energy investment has increased tenfold since the Paris Agreement, a significant achievement attributed to the multilateral system....
The National Pension Commission has launched Pension Revolution 2.0 to strengthen the scheme. The announcement was made by the director-general of PenCom, Omolola Oloworaran, on her...
A new World Economic Forum report launched today reveals how carbon capture and utilization (CCU) could enable industries to transform captured CO₂ into sustainable fuels, chemicals...
Bilateral trade between Nigeria and China rose by 34.7% to $15.48 billion between January and July 2025, compared with the same period in 2024. Ms. Yan...
Federal Government has commenced the verification of disputed and newly drilled crude oil and gas fields across the Niger Delta to resolve ownership claims and ensure...
First Bank of Nigeria Limited is partnering the organizers of the first of its kind E1 Lagos GP an all-electric powerboat racing championship, set to hold...
Africa’s economic ambitions make waves as heads of state, business leaders, investors, and policymakers gathered for Unstoppable Africa 2025, the flagship forum of the Global Africa...
Nigeria’s economy expanded 4.23% year on year in the second quarter, its quickest pace in about four years, helped by higher oil output and a stronger...
President Bola Tinubu’s administration has revived the cassava flour policy, which mandates the inclusion of 20 per cent cassava flour in all wheat-based products. The Minister...