Nigeria has finalized an agreement with South Korean-based company, Daewoo to rehabilitate the Kaduna refinery. According to an announcement by the Nigerian National Petroleum Company Limited has signed an agreement with Daewoo Group of South Read More
East African Community (EAC) has proposed the idea of a unified currency for East Africa, an idea that has since gone beyond the planning stage. According to the Secretary-General of the EAC, Peter Mathuki, the Read More
Britain has fined the UK subsidiary of Nigeria’s Guaranty Trust Bank 7.6 million pounds for what it says are more failures in the bank’s anti-money-laundering systems and procedures. The Financial Conduct Authority in a Read More
In a joint statement, the Ghanaian government and trade unions have announced an agreement to raise all public employees’ pay by 30% starting in 2023 as the nation works to cut its debt and control skyrocketing inflation. Read More
In the last month of 2022, Ghana’s cedi was reported as the best-performing currency in the world, signalling a significant recovery for the West African country that suffered severe economic downturns throughout 2022. According to a Read More
As Nigeria gears up for what would seem to be one of the most interesting elections since the era of the ‘Change’ slogan that ushered in the APC administration, Nigeria’s population of young people Read More
Tanzania and China have recently finalized a partnership agreement to construct the last segment of the Standard Gauge Railway line connecting Tanzania to some of its neighbours. Intended to link the port of Dar es Read More
According to a report from the annual meeting of the World Economic Forum held in Davos, Switzerland, the world’s top 1 percent has grabbed nearly two-thirds of the $42 trillion in new wealth created Read More
China has moved to deepen its relationship with OPEC+ heavyweight Saudi Arabia, the country’s top oil supplier for the past few years. The world’s biggest energy consumer and Saudi Arabia pledged to deepen Read More
