FM Claims USD 20bn Saved by Nigeria from Subsidy Removal and Naira Float
(3 Minutes Read)
Nigeria has saved USD 20 billion from petrol subsidy removal and market-based pricing of the foreign exchange rate, says Wale Edun, Nigerian...
Non-Oil Exports Crucial for Nigeria’s Growth, Says Minister
(3 Minutes Read)
Nigeria needs more non-oil exports as they are crucial for the economy, says Jumoke Oduwole, the minister of industry, trade and investment....
Dangote Refinery Lowers Ex-Depot Price of Petrol to USD 0.57 a Liter for Marketers
(3 Minutes Read)
The Dangote Petroleum Refinery has announced a reduction in its ex-depot price of premium motor spirit (PMS), also known as petrol, to...
Cape Verde Empowers Farmers; Incentivize Agriculture
(3 Minutes Read)
Cape Verde is mobilising significant resources to introduce innovative crops and expand seawater desalination. To provide further stability for farmers, an ambitious...
EU Recalls Envoy from Niger: Tensions with Niamey’s Transitional Government Escalate
(3 Minutes Read)
Niger's transitional authorities challenged the modalities and management of humanitarian aid provided by the EU Delegation to the victims of severe flooding...
Rice Development and Food Security in West Africa to Benefit from USD 99 mn...
(3 Minutes Read)
The African Development Fund has approved USD 99.16 million in initial funding to enhance rice cultivation value chains across West Africa.
The African...
Ruling Pastef Party of Senegal Wins Convincingly Legislative Elections
(2 Minutes Read)
Opposition parties conceded defeat, with former president Macky Sall’s coalition dropping to just 16 seats, down from 83. Former Prime Minister Amadou...
Britain Imposes Sanctions on Isabel dos Santos
(2 Minutes Read)
Britain has imposed sanctions on Angola’s Isabel dos Santos, a billionaire businesswoman and daughter of a former president, as part of a...
IMF Highlights Progress in Egypt’s Reform Program
(2 Minutes Read)
Approved in 2022 and expanded to USD 8 billion earlier this year, the program seeks to address Egypt’s economic crisis, marked by...
Nigeria: Bank of Industry Secures €2 Billion to Fund Key Development Initiatives
(3 Minutes Read)
The Managing Director of the Bank of Industry (BoI), Olasupo Olusi, announced that the Bank has raised a new funding package worth...
