Easier tariffs increase trade across East African region
A reduction of non-tariff barriers and easing of Covid-19 restrictions are combining well to boost commerce in the East Africa,...
Foreign
Kenyan saccos join National Payment System to lower cost of credit
Kenyan savings and credit co-operative societies (saccos) are set to join the National Payment System (NPS), which will allow them...
African blocs discuss challenges to realising single currency territories
Africa’s main regional economic blocs say monetary unions will raise the value of trade and shield them from fluctuating exchange...
11 African countries’ with GDP 6% or more— report
The 2023 Africa’s Macroeconomic Performance and Outlook has projected that 11 African countries will have a Gross Domestic Product (GDP)...
AfDB projects Africa’s GDP growth at 4% in 2023, 2024
The African Development Bank (AfDB), has projected Africa’s Gross Domestic Product (GDP) growth at about four per cent in 2023...
ILO decries rise in global unemployment
The International Labour Organisation (ILO) on Wednesday said that the global unemployment rate would rise slightly in 2023. This is...
Buhari urges Africa to diversify, boost international trade
President Muhammadu Buhari has urged African countries to expand and diversify their participation in international trade to explore the benefits...
Shippers call for removal of tariff barriers to enhance intra African trade
The Nigerian Shippers’ Council (NSC) on Monday urged African countries in West, Central Africa sub-region to fast-track the dismantling of...
Kenya prepares citizen to brace up for anticipated austerity
The Kenya government has warned of a belt-tightening period as the country attempts to navigate the economic storms triggered largely...
AfCFTA hits two years, deals with US Chamber of Commerce
The Africa Continental Free Trade Area (AfCFTA) is marking two years with a deal to ride the coat-tails of the...
We bring you the best news update in Nigeria
LEARN MORE »