Economy

ABUJA, May 25 – Nigeria’s foreign exchange reserves rebounded by about $551 million in the first three weeks of May, reversing losses …

PORTO-NOVO, May 25 – Benin’s President Romuald Wadagni has appointed Aristide Medenou, a former International Monetary Fund economist, as the country’s new …

LAGOS, May 23 – The Nigerian Exchange Group Chairman Umaru Kwairanga has called on African capital markets and financial institutions to broaden …

DAKAR, May 23 – Senegal has entered a fresh period of political uncertainty after President Bassirou Diomaye Faye dismissed Prime Minister Ousmane …

MOMBASA, May 22 – Kenyan President William Ruto ruled out further reductions in fuel taxes after deadly protests over diesel prices disrupted …

RABAT, May 22 – Morocco’s annual inflation rate accelerated to 1.7% in April from 0.9% the previous month as rising fuel prices …

ABUJA, May 21 – The Central Bank of Nigeria Governor Olayemi Cardoso said the country has built sufficient economic buffers to withstand …

ABUJA, May 21 – The International Monetary Fund has urged Nigeria and other Sub-Saharan African economies to shift away from debt-driven and …

NAIROBI, May 20 – Kenya has appointed Adan Abdulla Mohamed as Commissioner General of the Kenya Revenue Authority (KRA), marking a key …

JOHANNESBURG, May 20 – South Africa’s annual inflation rate accelerated to a 20-month high in April as rising fuel costs linked to …