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Oil prices saw marginal gains, with Brent crude November futures rising by 3 cents to reach $88.58 a barrel, while…

In August 2023, Nigeria's external reserves saw a slight increase of $1.87 million, attributed to the Central Bank…

The Ministry of Budget and Economic Planning has revealed plans to present the 2024 budget to the House of…

Rising inflation and currency instability have led to a significant downturn in business activities in Nigeria, as…

Nigerian energy company Oando is set to acquire the Nigerian Agip Oil Company (NAOC), a subsidiary of Italian…

Hero MotoCorp, the world's top two-wheeler maker, plans to invest up to $66.5 million in Ather Energy, an Indian…

Nairobi-based Kotani Pay has raised $2 million in a pre-seed funding round led by P1 Ventures, with participation…

Unconventional Ventures (UV), a venture capital fund focused on impact tech companies with diverse founding teams,…

Universal Music Group (UMG) is set to acquire Chabaka, a UAE-based music company that offers digital distribution,…

The International Finance Corporation (IFC) is considering an investment of $50 million in the Emerging Markets…

KawiSafi Ventures, an impact investment fund focused on climate solutions in sub-Saharan Africa, has unveiled its…

Sahel Capital, an impact-oriented private equity firm, has extended a loan facility to S&P Agribusiness, a…

Hivos-Triodos Fonds has provided a $1.5 million facility to Ghana-based agri-tech company Farmerline. Farmerline…

Sonangol, Angola's state oil company, is poised to initiate drilling in its first onshore oil well in Luanda,…

The Executive Secretary of the Ghana Microfinance Institutions Network (GHAMFIN), Yaw Gyamfi, has urged Non-Bank…

Standard Chartered Bank Kenya has announced the removal of the one percent upfront fee charge on its online money…

Kenyan President William Ruto recently signed the Climate Change (Amendment) Bill 2023 into law, marking a…

The Commercial and Tax Division Court has granted KCB Group the authority to liquidate the assets of DAC Aviation…

Kenya Revenue Authority (KRA) has faced defeat in a prolonged tax dispute with Bidco Oil Refineries, amounting to…

Nigerian oil marketers have received approval from both domestic and international financiers to establish…

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has refuted claims of petroleum product…

OPEC has singled out Nigeria, one of Africa's leading oil producers, as the least refining member within the…

The Nigerian Federal Government is preparing to review and reduce the tax waivers granted to companies operating…

In the second quarter of 2023, tax revenue from both companies and consumers in Nigeria witnessed a remarkable…

Despite concerns regarding inflation, interest rate hikes, and weak macroeconomic indicators, the confidence of…

In the trading week concluding on September 1, Nigeria's stock market experienced significant growth, with an…

Steven Opata, the central bank's head of financial markets, said that the government's approach had improved…

After the voluntary production reduction by Organization of Petroleum Exporting Countries (OPEC) members and OPEC…

Airlines have faced significant challenges as a result of the high cost of aviation fuel, which accounts for a…

The next president should give special attention to a number of challenges that Power Generating Companies…