The Royal Monetary Authority (RMA), Bhutan’s central bank, has reported a significant profit increase, surpassing Nu 5 billion as of April 30, 2025,...
Sidi Ould Tah, a seasoned Mauritanian economist, has been elected as the ninth president of the African Development Bank (AfDB), succeeding Nigeria’s Akinwumi...
Emerging markets are demonstrating resilience and adaptability as they navigate the post-pandemic economic landscape. While challenges persist, several regions are showcasing promising growth...
A wave of innovative tech startups emerged across Africa, significantly transforming the continent’s economic landscape. These companies are leveraging technology to address longstanding...
In recent years, solar energy projects have been transforming rural communities across Africa, providing reliable electricity and fostering economic development. In Hakwata village,...
In recent months, Nigeria’s Central Bank has implemented a series of policy reforms aimed at stabilizing the naira and addressing the nation’s economic...
Nigeria has approved a $652 million funding package from China Exim Bank to construct a critical road connecting the Lekki Deep Sea Port...
China is accelerating the consolidation of its financial sector, aiming to create globally competitive institutions capable of rivaling Western banking giants. This strategic...
Deposit Money Banks (DMBs) in Nigeria, including Guaranty Trust Bank (GTBank) and Ecobank, implemented a 50% increase in SMS transaction alert fees, raising...
The Nigerian Exchange Limited (NGX) recorded a N202 billion loss on Friday, April 25, 2025, ending a three-day bullish streak, primarily driven by...