Anthony Osae-Brown

Investors are piling into short-term Nigerian government debt, lured by high yields and a brightening outlook for the currency following the country's successful launch of a

Seplat Energy Plc will revive hundreds of idle Nigerian oil wells after completing its purchase of Exxon Mobil Corp. 's onshore oil and gas assets in the West African nation.

Nigerian President Bola Tinubu defended sweeping economic reforms implemented since he took power in May 2023 as necessary to prevent a national crisis.

(Bloomberg) -- Nigerian President Bola Tinubu defended sweeping economic reforms implemented since he took power in May 2023 as necessary to prevent a national crisis.

The fresh capital inflow has received regulatory approvals from both the Central Bank of Nigeria and the Securities Exchange Commission.

Ghana's benchmark stock index, Africa's best performer last year, is set to extend gains in 2025 as investors bet incoming President John Mahama government will restore economic stability.

The zones were set up to boost exports but companies also use them to sell into the domestic market at the expense of local competitors.

(Bloomberg) -- Nigeria's powerful state governors dropped their opposition to an overhaul of the nation's taxes, provided that plans to cut corporate tax and raise value added tax are abandoned.

The CEO of Yellow Card Financial Inc., a pan-African focused digital assets exchange, says he has received increased interest from traditional banks and expects regulators to act quicker on establishing rules for the sector following the inauguration of crypto-friendly US President Donald Trump.

‘With the US moving this way, I think that you'll see a lot more speed from various governments around Africa in terms of getting to a point regulatory clarity,' Chief Executive Officer Chris Maurice said.