Africa Economy
ITUC-Africa Warns of Deepening Inequality and Hardship Across the Continent on Workers’ Day
The African Regional Organisation of the International Trade Union Confederation Africa has raised fresh concerns over worsening inequality and economic hardship across Africa,...
Nigeria Central Bank Cuts Benchmark Rate by 50 Basis Points as Policymakers Signal Cautious Easing Cycle
Nigeria central bank has reduced its key benchmark interest rate by 50 basis points, marking the first clear step toward a renewed easing...
Zimbabwe Bans Raw Mineral and Lithium Exports in Major Policy Shift
Zimbabwe has announced a sweeping ban on the export of raw minerals, including lithium, in a move that is expected to reverberate through...
Otedola Hails Dangote as Refinery Hits 650000 Barrels Per Day Capacity
Billionaire businessman and philanthropist Femi Otedola has congratulated the President of the Dangote Group, Aliko Dangote, following the Dangote Petroleum Refinery’s attainment of...
Nigeria’s PAPSS Transactions Drop 53% as Cross-Border Payments Decline in H1 2025
Nigeria’s participation in the Pan-African Payment and Settlement System (PAPSS) witnessed a sharp slowdown in the first half of 2025, with the value...
