How CEMAC countries can emerge stronger from economic crisis

By Leoncio Amada NZE When the International Monetary Fund (IMF) said that the pandemic-ravaged global economy shrunk by 4.4% in 2020, the news probably surprised...

Why FG banned crypto currency operations in Nigeria

The Federal Government through the Central Bank of Nigeria (CBN), has directed all Deposit Money Banks (DMBs), Non-Bank Financial Institutions (NBFIs) and Other Financial...

Women Summit to explore power of collective in resetting Africa

Since its inception in 2016, hosted as a prestigious gala event, the FORBES WOMAN AFRICA Leading Women Summit has been a platform bringing together...

Nigeria’s economy to grow 1.1% in 2021, says World Bank

The World Bank has forecasted that the global economy is set to rebound by 4% in 2021, while Nigeria’s economy is expected to resume...

Nigeria’s 3 tiers of government shares N601bn for November

The Federal, States and Local Governments in the country shared the sum of N601.110 billion as federation allocation for November. According to Permanent Secretary, Ministry...

CBN retains MPR at 11.5%, other parameters remain constant

The Central Bank of Nigeria (CBN), Tuesday voted unanimously to keep the Monetary Policy Rate (MPR), at 11.5%. The Monetary Policy Committee (MPC), of the...

Nigeria’s economy slips into recession, 2nd time in 5 years

Data from the National Bureau of Statisitics (NBS) has shown that the Nigerian economy declined 3.6 per cent in the third quarter of the...

Unmatched investment returns in Africa despite challenges – AIF

Africa Investment Forum (AIF) Senior Director Chinelo Anohu on Thursday joined business leaders in a webinar to discuss opportunities for Africa in the wake...

AfDB, AIF, partners, postpone Africa Investment Forum

The Board of Directors of the African Development Bank Group ( and the Africa Investment Forum (AIF) founding partners have approved the postponement of...

Foreign investment vital for Africa’s economic growth:

By NJ Ayuk Despite the COVID-19 pandemic, not all of the economic news in Africa has been negative. We continue to see promising developments. Look at...

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