Economy

By Emmanuel Nduka On Wednesday, Nvidia’s market value rose past $3trn to overtake Apple as the world’s second-most valuable company, following a year of incredible growth driven by demand for its artificial intelligence chips. Heritage Times...

By Ebi Kesiena On June 7, the National Bank of Rwanda (NBR) will celebrate its 60th anniversary, marking six decades of fostering economic and financial stability in the country. Established in April 1964, the NBR has...

By Ebi Kesiena Zimbabwe's central bank has taken action to address the shortage of the newly introduced Zimbabwe Gold (ZiG) currency, which has been causing difficulties in daily transactions, Xinhua reported. The southern African nation introduced...

Authorities in Zambia have asked the International Monetary Fund (IMF) to increase its $1.3 billion loan programme to $1.7 billion to enhance its response to a severe drought affecting the country, the global lender says. IMF...

By John Ikani The Nigerian Content Development and Monitoring Board (NCDMB) plans to introduce some changes that will enhance the Nigerian Content Intervention (NCI) Fund and increase the fund's impact and efficiency. The Executive Secretary of the...

By John Ikani Oil prices plunged more than $1 on Tuesday as concerns mounted regarding a decision by OPEC+ to increase production later this year. The move comes amidst weakening global demand for oil. Brent crude...