News Analysis

When the Rwanda government, in partnership with the American company Zipline launched an emergency medical supplies system on Oct.13, nobody could have anticipated the interest it would generate. The latest information is that the American government now wants to copy …

The Federal Government is on the verge of refunding at least N20 billion to each of the 36 states for infrastructural development.
Speaker, House of Representatives, Mr. Yakubu Dogara made this disclosure yesterday while responding to the Igwe of Ogwuekpele, …

Foreign nationals will not be allowed to own land in Namibia anymore if a proposed bill is passed by the parliament in the country. The Land Bill of 2016 forbids foreigners from owning agricultural, commercial and communal land.

Proposed by …

The International Monetary Fund’s executive board has approved a three-year, $12 billion(R171 billion) loan to Egypt to support its economic reform programme, the Fund said in a statement on Friday.

The IMF said its board’s approval allows for an disbursement …

Waziri Adio, executive secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), says the country had no business going into recession with the huge revenue from oil from 1999 to 2014.

He said while the three tiers of government earned …

The Federal Government has directed all Director-General, Managing-Dirctors and Executive Secretaries of agencies to start flying economy class. In a circular dated November 2, 2016, the government said the decision was as a result of financial challenges Nigeria is …

Nigeria’s northern Kaduna state is close to agreeing a $625 million deal with an Indian consortium to build a light railway and also plans two new power plants, its governor said.

Development in Africa’s biggest economy has been held back …

The Federal Government of Nigeria has employed 200, 000 graduates to work as teachers and agricultural extension workers across the country. Laolu Akande, senior special assistant to the vice president on media, disclosed this at the second presidential economic communication …

Come January 1, 2017, the Chinese Yuan will become an official currency in Zimbabwe following discussions held between the two governments during the state visit of the Chinese president.

This will make the Chinese currency at par in Zimbabwe with …

Egypt has devalued its currency by 48 percent, meeting an important demand set by the International Monetary Fund in exchange for a $13bn loan over three years to overhaul the country’s economy.

Thursday’s much anticipated decision by the Egyptian Central …