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  • Arguing that road transport companies had borne the greatest pain of the nationwide lockdown, spokesman of the association, Mr Audu Gaddo, said that its members had suffered huge revenue losses and faced imminent job cuts in the wake of a month-long lockdown of Nigeria’s transpor...

  • This now means the next meal you will take will cost more, as the importation costs are set to be passed on to the consumer, even with an expected shortage pushing the meal off the shelves, as available reserves run dry.

  • The International Monetary Fund said on Tuesday its executive board approved $3.4 billion in emergency financial assistance for Nigeria to support the oil exporter's response to the coronavirus pandemic.

  • According to the Agency for the Promotion of Industry and Innovation (APII), reported industrial investment increased by 23.2% to 792.2 million dinars during the first two months of 2020, compared with 590 million dinars in the same period in 2019.

  • The statements of Casablanca, Tangier Med, and Mohammedia ports have eliminated Moroccans' concerns about the disruption of the supply of basic commodities.

  • In the 2018/19 fiscal year ended June 30, Egypt's real GDP growth rate was 5.6%, higher than the previous fiscal year's 5.3%, and the World Bank attributed its growth to net exports.

  • Thanks to continued public investment and the expansion of the energy industry and the digital economy, Senegal's economy is growing strongly.

  • The African Infrastructure Consortium (ICA) announced that funding for infrastructure development in Africa reached $100 billion in 2018.

  • Treasury Sevretary Henry Rotich said that Kenya's economy has grown at the fastest rate in eight years in 2018 and may grow at a similar rate this year. Gross domestic product increased by 6.3% year-on-year. The improvement of agriculture and manufacturing have promoted annual gr...

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