Economy

African banks have surpassed $100 billion in annual revenue for the first time, outperforming global averages and reinforcing the sector’s...

Kenya’s inflation rate increased slightly to 4.4% year-on-year in March 2026, up from 4.3% recorded in February.

The Lagos State Internal Revenue Service (LIRS) has extended the deadline for filing individual annual tax returns by two weeks,...

The African Development Bank (AfDB) has warned that the ongoing conflict in the Middle East could weaken Africa’s economic growth,...

Cocoa farmers in Côte d’Ivoire are projecting a strong mid-crop harvest between March and August, despite a sharp decline in...

Nigeria requires an estimated $14 billion in annual investments to address its infrastructure gap, according to the Minister of Finance and Coordinating...

Food prices across major Lagos markets surged in March 2026 as rising petrol costs drove up transportation and logistics expenses,...

Nigeria’s foreign reserves declined by about $547 million within a 15-day period in March 2026, reflecting renewed pressure on the...

The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns over persistent structural weaknesses in Nigeria’s credit system,...

Foreign capital inflows into Nigeria’s banking sector rose to $13.53 billion in 2025, representing a 93.25% year-on-year increase from $7.00...