Economy

Economy

Economics and Sociology

Africa Owes IMF $38.6 Billion

Africa Owes IMF $38.6 Billion

Africa-Press - Nigeria. The total debt of African countries to the International Monetary Fund amounts to $38.6 billion, representing 31.5% of total...
Electricity: Blackout hits six Nigerian states

Electricity: Blackout hits six Nigerian states

Africa-Press - Nigeria. Six states in northern Nigeria will experience blackout on Saturday and Sunday. The states are Bauchi, Gombe, Yobe (Damaturu), Borno (Maiduguri), Adamawa...
Dollar to Naira exchange rate today, June 8, 2026: Nigerian currency returns to appreciation

Dollar to Naira exchange rate today, June 8, 2026: Nigerian currency returns to appreciation

Dollar to Naira exchange rate today, June 8, 2026: Nigerian currency returns to appreciation The Naira appreciated against the dollar at the official foreign exchange...
Osun Guber Stakeholders Commit to Peaceful Election

Osun Guber Stakeholders Commit to Peaceful Election

Africa-Press - Nigeria. The Osun State Government, the Independent National Electoral Commission, INEC, and the Kimpact Development Initiative, KDI, have renewed calls for peaceful,...
Nigeria Halts Promotion of Dangote Refinery IPO

Nigeria Halts Promotion of Dangote Refinery IPO

Africa-Press - Nigeria. The Nigerian Securities and Exchange Commission ordered an immediate halt to all marketing and promotional activities related to what...
Taraba: Stakeholders warn of serious health risks amid decay at FRH Baissa

Taraba: Stakeholders warn of serious health risks amid decay at FRH Baissa

Concerned citizens and health workers in Kurmi local government council of Taraba State have appealed to the state government to urgently intervene in the...
New EU Deal Deepens Africa Consumer Markets

New EU Deal Deepens Africa Consumer Markets

Africa-Press - Nigeria. The European Union is nearing the conclusion of its first enhanced economic partnership agreement with four African countries: Comoros,...
Iran War Strains African Airlines

Iran War Strains African Airlines

Africa-Press - Nigeria. The African Airlines Association has warned that the American-Israeli war on Iran has led to rising fuel prices and...
China Turns to African Oil after Iran Ban

China Turns to African Oil after Iran Ban

Africa-Press - Nigeria. The petrochemical company Hengli, one of the largest independent refining companies in China, has begun shifting towards purchasing oil...
East Africa Budgets Face War and Debt Pressure

East Africa Budgets Face War and Debt Pressure

Africa-Press - Nigeria. The governments of Kenya, Uganda, and Tanzania have presented their budgets for the fiscal year 2026-2027 amid increasing economic...