Airtel Africa Plc Acquires Additional Spectrum in Tanzania for $60.1 million

The interest rate increases and volatile markets point to rising financial stability risks as Central Banks accelerate monetary policy tightening...

CBN to Debit Banks by Thursday as it Raises Cash Reserve Ratio to 32.5%

House of Reps directs CBN to suspend sale of Polaris Bank

The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately suspend the sale of Polaris Bank...

Income inequality persists in Africa despite rapid economic growth over the years – IMF

Ghana’s inflation rate surged for the 16th consecutive month to 37.2%

Ghana’s annual inflation rate surged for the 16th consecutive month to 37.2% in September of 2022, from 33.9% in August...

Central Bank not under compulsion to provide dollars for flight ticket proceeds, says Governor

Nigeria money supply hits N49.3 trillion highest level on record.

Nigeria money supply hit its highest level on record, at about N49.3 trillion. This indicates a 9.9% gain from December...

Nigeria in Talks With World Bank and IMF on Debt Restructuring

Finance Minister, Zainab Ahmed, has disclosed that Nigeria is working on restructuring its debt as it is confronted with a...

Nigeria’s Gross Foreign Reserve Records the Fourth Decline this Month, Stands at $38.95 Billion

Naira Slips to N441.17/$1 at the I&E Window, Weakens at the Black Market

Tuesday, October 11, 2022: The Nigerian Investors and Exporters (I&E) FX Window opened the trading session on a bearish note...

CBN “Ways and Means” Loan to the FG Rises to N22 Trillion as of August 2022

The Federal Government of Nigeria, as of August 2022, has a total debt obligation of N22 trillion to the Central...

DMO Offers Subscription by Auction for 3 Previously Issued FGN Bonds

DMO Offers 3 FGN Bond Re-openings for Subscription by Auction

The Debt Management Office of Nigeria (DMO) has on behalf of the federal government of Nigeria offered for subscription by...

Shell and QatarEnergy partners to build the largest liquefied Natural gas project in the world.

Shell Investigates NNPC’s Claim on Illegal Pipeline