The Reserve Bank has launched a communication campaign to introduce the country's new series of banknotes honouring former president Nelson Mandela. Read more »
With a spike in petrol and electricity prices, consumers are borrowing to meet their basic needs such as food and transport while also struggling to pay school fees, medical ... Read more »
The Central Bank Governor Sanusi Lamido Sanusi and a former governor of the bank, Adamu Ciroma, are resisting a move by legislators to prune down the independence of the bank and ... Read more »
The country's foreign reserves has reached U.S.$42 Billion, in line with government's aim to build the reserves to U.s.$50 Million before the end of 2012. Read more »
The House of Representatives will investigate Femi Otedola, the oil magnate embroiled in an oil subsidy scandal with former speaker, Farouk Lawan. Read more »
Africa has been growing faster than the world on average for the last 15 years and this trend is set to continue. World bank chief economist for the Africa region, Shanta ... Read more »
The World Bank's Chief Economist for Africa, Shantayanan Devarajan, has reported that the country can produce at current levels for another four decades. Read more »
The Court has stopped new National Hospital Insurance Fund (NHIF) rates, which were to be effected from next month. In an application by Justice Linet Ndolo, the Kenya Union of ... Read more »
The African Development Bank has approved a $U.S.500 million loan. Read more »
Following an outcry from Nigerians,President Goodluck Jonathan has ordered the Central Bank of Nigeria to stop further action on the proposed currency restructuring exercise, ... Read more »
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