nigeria

The IMF has reached a staff-level agreement with Ghana on the fourth review of Ghana’s economic program under the Extended Credit Facility arrangement. 

IMF reaches staff-level agreement on 4th review of ECF with Ghana

Markets await the release of the March inflation data from the National Bureau of Statistics. 

FDC: Nigeria’s inflation projected to fall to 22.54% in March

Paul Gamble, Senior Director, Sovereigns at Fitch Ratings joins CNBC Africa for more. 

Fitch: Nigeria’s external debt expected to rise to $5.2bn in 2025

Nigeria’s Presidential Compressed Natural Gas Initiative aims to attract $1 billion in investments into the country’s alternative fuel sector by the end of this year. 

How can Nigeria sustain compressed natural gas investment drive?

Afreximbank last week commissioned its first African Trade Centre in Abuja, Nigeria, pushing for trade and investment on the continent. 

Transforming Africa’s trade landscape

The Founder of Woodhall Capital, Moji Hunponu-Wusu says data ownership is key to attract bigger domestic and foreign investment flows necessary to support key sectors. 

Woodhall Capital: Data ownership key to attract international investors

Data from the Nigerian Upstream Petroleum Regulatory Commission shows the country’s daily crude production was an average of 1.4 million barrels per day in March this year, down from 1.46 million barrels per day recorded in February. 

Will Nigeria reverse declining oil production?

Renaissance Capital Africa forecasts Nigerian banks’ Non-Performing Loans and Cost of Risk will face upward pressure this year if oil prices fall below $60 per barrel given their significant  exposure to the oil and gas sector. 

RENCAP: Asset quality at risk if oil prices fall below $60 per barrel

The Group Managing Director of UTM Floating LNG, Julius Rone, says stronger investments are required to boost gas initiatives in Africa and optimize global market opportunities. 

Rone: Stronger investments required to boost Africa's gas initiatives

Ghana is intensifying efforts to checkmate illegal mining following the announcement of the revocation of all small-scale mining licenses after the 7th of December, 2024. 

How Ghana’s mining reforms may impact investments?

Gabon’s Military leader Brice Nguema, who led a coup in the country in August 2023, won Saturday's presidential election with 90.3 per cent of votes cast. That’s according to provisional results cited by the country's interior minister on Sunday. 

Brice Nguema wins Gabon’s presidential election

Lack of information, infrastructure, trade financing facilities are the gaps driving the low level of Intra Africa Trade on the continent. 

NIGERIA