Economy

ADDIS ABABA, April 15 – Nigeria’s economic growth is now projected at 4.1% in 2026, following a downward revision by the International …

LAGOS, April 15 – Nigeria’s total public debt rose to ₦159.28 trillion ($118 billion) as of December 31, 2025, according to data …

ABUJA, April 15 – Nigeria would have spent as much as ₦52 trillion ($38.5 billion) on fuel subsidies in 2026 if the …

LUSAKA, April 14 – Zambia will forgo about $100 million in revenue after suspending fuel taxes for three months, as authorities move …

WASHINGTON, April 13 – Global economic policymakers are set to convene in Washington, D.C. for the spring meetings of the International Monetary …

ABUJA, April 13 – Nigeria has reduced import tariffs on crude palm oil to 28.75% from 35%, according to the approved 2026 …

LUSAKA, April – Zambia’s cabinet has approved a revised 2026 budget to address revenue pressures linked to rising fuel import costs. The …

JOHANNESBURG, April 10 – Global conflicts in the Middle East and Eastern Europe are reshaping investor perceptions, with Africa increasingly viewed as …

ABUJA, April 9 – Nigeria has introduced a turnover-based tax framework aimed at expanding compliance within the informal sector, setting a 1% …

ABUJA, April 7 – Nigeria’s Federal Government has increased its planned borrowing for 2026 to N29.20 trillion, following a widening fiscal deficit …