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UAE races to become fastest growing buyer of Kenyan goods

Dubai Exports, the export promotion agency of the Department of Economic Development (DED) in Dubai, hosted a business forum in Nairobi, marking the conclusion of a five-day trade mission to Kenya, which provided varied opportunities for companies from the UAE…

Peter Obi Declares 2027 Presidential Bid, Pledges One-Term Tenure

Former Labour Party presidential candidate, Mr. Peter Obi, has declared his intention to run in the 2027 presidential election, with a pledge to serve only one term if elected and to restore Nigeria’s stability within his first two years in…

Tanzania cherishes SGR with 60.88bn/- in revenue

Samia Suluhu Hassan has stated that the introduction of modern train services via the Standard Gauge Railway (SGR) has brought significant economic benefits since operations began in August 2024. Speaking in Parliament today in Dodoma during the official closure of…

Ethiopia Posts $2.6 Bln Balance of Payments Surplus, Highest in 14 Years: Central Bank

Ethiopia recorded a balance of payments surplus of 2.6 billion US dollars over the past 11 months, its highest in 14 years, as the National Bank of Ethiopia (NBE) highlighted sweeping monetary and financial sector reforms aimed at stabilising the…

Lookman keen on Arsenal move

Super Eagles forward Ademola Lookman is keen on a move to Arsenal as the Gunners have reopened transfer talks with Atalanta over a potential summer swoop for the Nigeria international. The current African Footballer of the Year is eager for…

BREAKING: Dangote slashes petrol price to N840 per litre

The Dangote Petroleum Refinery has announced reduction in its ex-depot price of Premium Motor Spirit (PMS), also known as petrol, from N880 to N840 per litre. This was confirmed on Monday night by the Group’s spokesperson, Anthony Chiejina Chiejina said,…

GTBank announces early closure nationwide June 30

Guaranty Trust Bank Ltd. has announced that all its branches across Nigeria will close earlier than usual on Monday, June 30. The bank made this known in a customer email sent on Saturday, informing clients of the temporary change in…

DR Congo and Rwanda sign long-awaited peace deal in Washington

Rwanda and the Democratic Republic of Congo have signed a peace deal in Washington aimed at ending decades of devastating conflict between the two neighbours, and potentially granting the US lucrative mineral access. The deal demands the “disengagement, disarmament and…

Ghana ranks among top 6 African economies in Intra-African trade

This was revealed in the 2024 Africa Trade Report, released during the 32nd Afreximbank Annual Meetings in Abuja, Nigeria. The figure represents a marginal increase from 2023 and encompasses both exports and imports with other African nations. Export growth and…

APC: Dalori takes over from Ganduje with immediate effect

A Deputy National Chairman (North) of the All Progressives Congress (APC), Ali Bukar Dalori, has replaced Abdullahi Ganduje as the National Chairman of the party. This followed the resignation of ex-Kano governor Ganduje as the party chairman on Thursday.APC) National…