News
Africa Worries Middle East Conflict Could Disrupt Monetary Policy
1+ hour, 50+ min ago (474+ words) African nations are worried that the sharp rise in oil prices due to the conflict in Iran will challenge monetary policymaking and could hit productivity in key sectors like mining, putting the continent's ongoing economic recovery in peril. Already, Central…...
Allocation Of 5% GDP To Industrial Financing Will Boost Manufacturing – PAMA
1+ day, 1+ hour ago (220+ words) Pan-African Manufacturers Association (PAMA), on Friday said allocating up to five per cent of GDP to industrial financing will potentially reduce capital costs for manufacturers and encouraging large-scale investments. The Association in its February 2026 News Bulletin stated that Nigeria's newly…...
WWII Leader Churchill To Be Removed From UK £5 Banknote
2+ day, 10+ hour ago (438+ words) Britain is planning a redesign of its currency that will replace portraits of prominent historical figures with images of native wildlife, a move that will see World War II leader Winston Churchill removed from the "5 banknote. Under the proposal by…...
South Africa’s Misses Forecast As Economy Grows By 1.1%
4+ day, 17+ hour ago (88+ words) South Africa's Misses Forecast As Economy Grows By 1.1%LEADERSHIP Newspapers South Africa's Misses Forecast As Economy Grows By 1.1% South Africa's economy expanded by 1.1 per cent in 2025, falling short of projections by both the central bank and the National Treasury, according…...
Nigeria’s Business Confidence Index Hits Record 117.2 Points In February – NESG
6+ day, 50+ min ago (342+ words) Nigeria's business environment strengthened significantly in February 2026, with the Business Confidence Index (BCI) rising to a record 117.2 points, according to the latest Business Confidence Monitor released by the Nigerian Economic Summit Group (NESG). The index climbed from 105.8 points recorded in…...
Nigeria Not Experiencing Fiscal Collapse, Ongoing Reforms Indicate Correction – FG
6+ day, 1+ hour ago (854+ words) The federal government has dismissed concerns that Nigeria's public finances are deteriorating, insisting that the country is not facing a fiscal collapse but is undergoing a difficult yet necessary fiscal correction following years of structural distortions in the management of…...
Middle East Crises Creates Positive Balance Sheet For Nigeria
1+ week, 1+ day ago (337+ words) Smoke billows after an Israeli strike on Beirut's southern suburbs, following an escalation between Hezbollah and Israel amid the U.S.-Israeli conflict with Iran, Lebanon, March 2, 2026. REUTERS/Mohamed Azakir TPX IMAGES OF THE DAY Nigeria has been listed among African oil…...
Adedeji Charts Reform-Driven Transformation For Nigeria Revenue Service
1+ week, 5+ day ago (1029+ words) Dr. Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS) At the 2026 management retreat in Abuja, the Executive Chairman of the Nigeria Revenue Service (NRS), Dr. Zacch Adedeji, opened proceedings with an unusual request. He asked senior leaders…...
Rate Cut Brings Psych Relief To Burdened Businesses Amid Energy, FX Woes—CPPE
2+ week, 4+ day ago (158+ words) Rate Cut Brings Psych Relief To Burdened Businesses Amid Energy, FX Woes'CPPE'leadership.ng Rate Cut Brings Psych Relief to Burdened Businesses Amid Energy, FX Woes'CPPE Dr. Muda Yusuf, director/CEO of the Centre for the Promotion of Private Enterprise (CPPE),…...
Analysts Predict 18.89% January Inflation On Base Effects
1+ mon, 1+ day ago (346+ words) Analysts expect Nigeria's headline inflation rate to rise when January data is published, citing base effects linked to the revised consumer price index series rather than market price. According to separate reports, analysts expect January inflation to rise to around…...