Business & Finance

Uchechi Okporie

Apr 15, 2026

Access Bank Plc has once again been named Nigeria’s most valuable brand, marking its fifth consecutive year at the top, according to the latest rankings released in the 2026 Nigeria 25 report by Brand Finance. The bank’s sustained dominance highlights its resilience and strategic positioning within an increasingly competitive financial services sector.

Admin User

Apr 09, 2026

Uganda has declined a request from Kenya for a fuel bailout, citing its own domestic supply obligations and existing commitments.

Uchechi Okporie

Apr 02, 2026

Despite rising geopolitical tensions in the Middle East and strain on international trade routes, Ghana’s economy continues to show resilience and robust momentum, defying expectations that distant conflicts would slow growth.

Uchechi Okporie

Apr 02, 2026

Mozambique is not alone in moving to reduce or eliminate its obligations to the IMF. In May 2025, Nigeria repaid a US $3.4 billion emergency loan it had accessed under the IMF’s Rapid Financing Instrument to help cushion its economy against the effects of the COVID-19 pandemic.

Uchechi Okporie

Mar 23, 2026

The global economy is facing a severe and immediate threat as escalating conflict around the Strait of Hormuz disrupts vital energy supplies, according to the International Energy Agency (IEA).

Uchechi Okporie

Mar 20, 2026

‎Aliko Dangote’s refinery in Lagos is experiencing a sharp increase in demand from African governments as global fuel supplies tighten following Iran’s blockade of the Strait of Hormuz.

Uchechi Okporie

Mar 19, 2026

According to a report by Business Insider Africa, Nigeria has secured a £746 million financing agreement with the United Kingdom to modernise two of its most critical maritime gateways—the Lagos Port Complex and Tin Can Island Port—marking a major step toward strengthening its position in global trade.

Uchechi Okporie

Mar 18, 2026

A silent emergency is unfolding in Okpanam and Asaba, and it is no longer creeping, it is crashing through homes, markets, and businesses with devastating force

Uchechi Okporie

Mar 17, 2026

Food inflation in Nigeria has resumed its upward trend after a six-month period of relative stability, raising fresh concerns about the cost of living in Africa’s largest economy.

Uchechi Okporie

Mar 16, 2026

Several oil-producing nations dominate the list of African countries with the lowest fuel prices in March 2026, highlighting the advantage enjoyed by energy-rich states as global oil markets remain volatile.

Uchechi Okporie

Mar 15, 2026

The escalating conflict in the Middle East is beginning to impact Nigeria’s economy, with rising global crude oil prices triggering higher petrol costs and increasing food prices across the country. Analysts and civil society groups warn that Nigerians could face severe hardship if the crisis continues to disrupt global energy markets.

Uchechi Okporie

Mar 14, 2026

Seychelles has retained its position as the holder of Africa’s most powerful passport, offering its citizens visa-free or visa-on-arrival access to about 152 destinations around the world. The country also climbed to 28th place globally in the latest passport mobility rankings.