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S&P Global Ratings declared that Ethiopia made a selective default after the government missed a coupon payment Monday and announced it wouldn’t pay it...

BUA Foods Nigeria Plc can more efficiently move its inventory better than peer rivals, as the largest consumer goods firm by profit is not...

A former top Diversity, Equity, and Inclusion manager at Facebook, Barbara Furlow-Smiles has has pleaded guilty to embezzling millions from the social media company...

Global oil demand growth is materially slowing down this quarter compared to the third quarter, the International Energy Agency (IEA) said on Thursday, but at...

Visitors from across the world will no longer require a visa to visit Kenya, an initiative that will come into effect from January 2024. In...

Nigerian companies are sitting on a cash pile as they continue to build a buffer against macroeconomic shocks brought on by rising inflation, spiraling...

Nigeria’s central bank (CBN) has suspended a widely-criticized practice of making low-cost intervention funds available to support the country’s economic development. Following a pledge last...

There was pandemonium in Ikere-Ekiti, the second largest town in Ekiti State as dare-devil robbers attacked two commercial banks including Access Bank. Three persons persons...

Mozambique Finance Minister Max Tonela unveiled a long-awaited bill to govern a planned sovereign wealth fund overseeing revenues from what the state expects will amount to...

The Nigerian naira plunged to its lowest point on record in official trading as a shortage of US dollars persisted despite promises by the...