Economy

By John Ikani Nigeria has reclaimed its crown as Africa's leading producer of crude oil, according to the latest monthly report released by the Organisation of Petroleum Exporting Countries (OPEC) on Tuesday. The report revealed a...

By John Ikani The Nigerian Content Development and Monitoring Board (NCDMB) has reassured oil and gas stakeholders that service companies and other manufacturers that have established capacities in the country will continue to enjoy patronage through...

By Emmanuel Nduka Nigeria’s economic woes worsened in April 2024, as inflation rate rose to 33.69 percent compared to March 2024 headline inflation rate which stood at 33.20 percent. This was disclosed by the National Bureau...

By Emmanuel Nduka Nigerian President, Bola Tinubu has directed the country's apex bank, the Central Bank of Nigeria (CBN), to halt the implementation of the proposed 0.5% cybersecurity levy on electronic transactions. After deafening public outcry...

By Enyichukwu Enemanna Authorities in Zimbabwe say the collection of passport application fee in dollar would remain, ignoring public outcry for payment to be made in local currency despite the recent unveiling of the Zimbabwe Gold...

By John Ikani East African Community (EAC) nations are experiencing a significant shift in their trade patterns, with a surge in commerce amongst themselves and other African countries, while trade with traditional partners in Europe and...