Monday, May 18, 2026
Africa’s 3.6% growth in 2019 above global rate, but continent’s trade fell 0.13% to $1,049bn, says Afreximbank
Asia overtakes European Union as Africa’s major trading partner at 28.9% total trade It's 23.1% with China Cross-border informal...
Read moreDetails$37.7trn global trade volumes leave out Africa with its overbearing informal trade – report
Continent’s informal cross-border trade booms at 80% As intra-African trade down to $147bn in 2019 Global merchandise...
Read moreDetailsNigeria’s deficit, debt to remain high post-Covid-19, oil shocks, says Moody’s
By Charles Abuede Rates credit profile B2 negative Economy severely hit by Covid-19, oil price shocks Nigeria’s credit profile,...
Read moreDetailsWood Mackenzie says Nigeria’s PIB has ‘scaled new heights of fiscal complexity’
…as NNPC presents first budget in 43 years Wood Mackenzie says Nigeria’s soon-to-be passed Petroleum Industry Bill (PIB), a...
Read moreDetailsNBS reports 6% Nigeria banking sector loan growth to N19.87trn in Q3’20
By Charles Abuede Report points that growth in loans from banks not expected until economic activities pick up significantly ...
Read moreDetailsNigeria’s inflation reaches 34-month high at 14.89% in November, amid yuletide
By Charles Abuede Food, core inflation rise to 18.30%, 11.05% in line with analysts’ expectations With the festive period...
Read moreDetailsNigeria’s capital import tumbles down 74.03% y/y to $1.46bn in Q3’20
By Charles Abuede But up 12.86% from $1.29bn in Q2’20 Nigeria, Africa’s largest economy, saw its capital importation...
Read moreDetailsAgip runs into headwinds with Ijaw youths over disregard of Nigeria’s local content laws
Agip, the Nigerian affiliate of Italian international oil company (IOC), Eni, appears to have run into another headwinds with its...
Read moreDetailsAfrica losing out in $3.5trn global SEZs market on infrastructure, finance, institutional gaps
Africa is losing out from not fully participating in a $3.5 trillion global Special Economic Zones (SEZs) market as a...
Read moreDetailsNew African Stock Exchanges linkage project targets $1trn market capitalization
Exchange to represent continent’s 90% equity market To create seamless trading platforms across continent A new African...
Read moreDetails
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