Business

East Africa's most populous country, already struggling with high inflation, became the third African state in as many years to default...

Fifty more staff of the Central Bank of Nigeria, CBN, were sacked on Monday, adding to the long list of...

The sharper rise in overall inflation was mainly due to a depreciating currency, leading to higher costs for imported goods,...

Distrustful of the country's third attempt at a new currency in a decade, informal traders mainly in the cash-driven informal...

According to Kenya’s National Treasury, the economy will grow by 6.3 per cent this year, even as the country navigates...

by Nurat Uthman The International Monetary Fund on Monday said its staff reached agreement with authorities from Ivory Coast on...

Commercial banks were using the new official exchange rate on Monday, but it was not immediately clear whether the currency,...

In its biannual Africa's Pulse report, the region's economy is set to expand 3.4% this year and 3.8% in 2024...

It also asked BUSA to “support concessioning and investment in freight and passenger networks.”

The payment backlog is a setback to the government's efforts in Africa's largest economy to shore up its strained finances...