…marketplace, but by plugging into the same supply chains. Modern Rails for Africa’s Economy: How Fincra is helping businesses collect, pay out, convert, and settle across African markets. Read more here. Banking Kenya’s banking sector is reshuffling its leadership again Abdi Mohamed. Image: Absa In Kenya’s banking circ…

…to Nairobi reflects the city’s growing importance in shaping the continent’s digital economy. Kenya has long been regarded as East Africa’s innovation gateway, helped by the early success of mobile money, a relatively mature startup ecosystem, and the presence of regional offices for global technology companies. In rec…

…Derby, Professor Stephan Reiff-Marganiec, said preparing the workforce for an AI-driven economy would require stronger partnerships between universities, businesses, and local communities. He said developing local talent was critical to ensuring people could take advantage of emerging technological opportunities as AI…

…to him, the returnees were law-abiding and contributed positively to the South African economy.He said they did not deserve the treatment they received.The News Agency of Nigeria (NAN) reports that the 269 Nigerians arrived at the Murtala Muhammed International Airport, Lagos, at 10.48 a.m. on Tuesday aboard an Air Pea…

…market opportunities. "As we speak, over 50 organisations across various sectors of the economy are actively progressing towards full adoption of IFRS Sustainability Disclosure Standards. These organisations cut across banking, financial services, manufacturing, industrial goods, consumer goods, oil and gas, telecommun…

…to support it. Credit penetration remained low by global standards, large parts of the economy operated informally and traditional lenders had little appetite for small borrowers. The total addressable market looked enormous. If hundreds of millions of people lacked access to formal credit, then surely the opportunity…

…commercial banks can. The regulator expects customer deposits to flow back into the real economy through lending rather than sit in low-risk assets. The recommended maximum microloan is ₦500,000 ($362.08) for Tier 2 Unit MFBs and ₦1 million ($724.15) for other categories of microfinance banks. SME loans can exceed ₦500…

…to be a clear channel for abundance. Your financial reality has never been about the economy, your education, your connections, or even your effort. It's been about your beliefs-the invisible architecture determining what you can build. You've been trying to construct a mansion of wealth on a foundation of scarcity bel…

…through the narrow lens of a visa stamp. Africa's most populous nation, its largest economy, a country of 220 million people whose cultural exports have conquered streaming platforms from London to Los Angeles, and yet, the Nigerian passport remains one of the least respected travel documents on earth. Not because Nige…

…citizens that can compete internationally. The world is now digital. We have a digital economy. The global economy is largely digital now. We must produce people who can compete at that level internationally. So we look at education and equip our children with the ICT, not the ones you read about in newspapers. We will…

…responsibility initiatives. He said agriculture remained the backbone of Sokoto State's economy and that supporting displaced farmers to return to cultivation would strengthen food security and improve household incomes. "We understand the pain of losing a farm and having to start over. These inputs are not charity; th…

…protect consumers, support responsible investment and advance a gas-powered economy. He said the government remained committed to increasing domestic supply, reducing reliance on imports, and ensuring that Nigerian-produced LPG was prioritised for local consumption. According to the NMDPRA, planned LPG supply volumes f…

…to economic growth and self-reliance. "There is no shortcut to the development of any economy. People do not necessarily have to become professors, doctors or journalists before they can earn a living. "What is important is acquiring relevant skills that can make one self-reliant, employable or even an employer of labo…

He praised President Bola Ahmed Tinubu for his efforts at expanding the Nigerian economy, which he believes is performing well at the macroeconomic level. "Things might look difficult today. Yes, as you can see, I am an industrialist. The macroeconomy is doing well, but the microeconomy is not doing well. I told the Pr…

…comprises more than 180 states and regions representing over half of the global economy. The network provides a platform for governments to exchange knowledge, share best practices and accelerate the transition to net-zero and climate-resilient futures. The MoU is a non-binding agreement that aligns with Lagos State's…

…a nation, you must first power its people. While structural reforms heal the macro-economy, the REA backed by funding partners such as the World Bank and the African Development Bank (AfDB) is winning the war on the ground, ensuring that no Nigerian is left behind in reaping democratic dividends in the power sector. Am…

…and described it as a bold step towards expanding pension coverage in Nigeria's informal economy. She commended the union's leadership for pursuing sustainable social protection and economic empowerment initiatives for its members, noting that the proposal aligns with PenCom's mandate to broaden pension participation a…

…under our watch. And that blueprint was predicated on three factors. One was to grow the economy exponentially, from $4.4 billion to $30 billion in eight years. The second was to eradicate poverty. We inherited the poverty headcount of 58% and we have committed to bringing that number to zero in eight years. The third…

…Komolafe, FIWON lamented that the vast majority of Nigerian workers in the informal economy remain excluded from essential social security programmes despite their enormous contribution to the nation's economy. According to the organisation, more than 93 per cent of Nigeria's working population earn their livelihoods i…

…despite the awesome prosperity of many individual Igbo citizens, the South-East economy itself remains relatively weak. Studies indicate that the zone contributes less than eight per cent of Nigeria's Gross Domestic Product (GDP), making it one of the country's least productive geographical regions. This reality carrie…

…role of the party leader in Osun, Alhaji Adegboyega Oyetola, Minister of Marine and Blue Economy and former governor of the state, for sustaining the party in Osun since the 2022 governorship election. He noted that Oyetola had maintained engagement with party members, stakeholders and interest groups, thereby strength…

…The negotiations to end a war that sowed chaos across the region and rattled the global economy are meant to trigger a 60-day period to settle broader issues that have dogged US-Iranian relations for decades. But disagreement over key sticking points and the threat of renewed fighting in Lebanon weighed on the talks, w…

By Emma Ujah, Abuja Bureau Chief The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele and his Federal Capital Territory (FCT) counterpart, Barr. Nyesom Wike have met to finetune the tax administration in the FCT. Mr. Oyedele, in a statement on Sunday, described it as a, “productive bilate…

…fuel prices affordable for consumers. "Fuel distribution affects every sector of the economy. When fuel prices rise, transportation costs increase and inflation spreads across society. "Government policies should therefore focus on promoting affordable energy while ensuring energy security," he said. Ukadike also calle…

…Ogun State on Saturday. The conference, themed "Cultural Renaissance and Creative Economy: Harnessing Africa's Heritage for a Sustainable Future," brought together traditional rulers, scholars, policymakers, business leaders, members of the diplomatic community and cultural enthusiasts from across the country. Represen…