As many countries relax lockdown restrictions, commercial activities are picking up as they battle the negative economic implications of the COVID-19 pandemic. Following a Cabinet meeting…
Author: Nasir Agbalaya
Nigerians will be buying fuel at cheaper rates again. The Nigerian National Petroleum Corporation or NNPC has announced a 17.94 % reduction in the ‘ex-depot’ price…
Plans for a new 2,500 megawatt (MW) nuclear power plant is in the works in South Africa, according to the country’s energy ministry’s briefing on Thursday.…
Egypt’s foreign reserves dropped by a further $3.07 billion in April as investors pulled cash from emerging markets. The country’s central bank says this has put…
South Africa’s net foreign reserves has risen to $45.470 Billion in April from $44.774 Billion in March, according to Reserve Bank data showed on Friday. Gross…
According to Nigeria’s Minister of State for Budget and National Planning, Prince Clem Agba, the country’s economy will be boosted with the injection of a N2…
Uganda will receive an emergency loan worth $491.5 million from the International Monetary Fund. The country needs the funds to help cushion its economy from the…
According to a statement from Sudanese Prime Minister, Abdalla Hamdok, Africa’s third biggest gold producer, Sudan, is setting up a bourse for the precious metal and…
Nigeria’s President , Muhammadu Buhari wants the country’s ports cleared of all medical imports and has to this effect, granted a blanket waiver on all medical…
A recent survey reveals that South African private sector activity fell to a new record low in April, as seen on Wednesday owing to a nationwide…