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Nigeria’s capital market regulators are reassessing rules on free float—the proportion of a company’s shares available for public trading—in a move to improve liquidity, strengthen the equity market, and attract more local and foreign investors. Many of Nigeria’s largest companies have tightly held shares, limiting the portion available for public trading. While current regulations […]
Ethiopia has introduced emergency fuel subsidies to shield households and businesses from the global oil price surge triggered by escalating conflict in the Middle East. The government is subsidising petrol and diesel to keep domestic prices stable despite sharp increases in international fuel markets. The move comes as international energy markets […]
South Africa is actively pursuing alternative energy suppliers as the conflict in the Middle East continues to disrupt global oil markets. President Cyril Ramaphosa announced the ANC’s 10-point plan and “Economic War Room” to tackle South Africa’s economic crisis amid labour tensions and financial strain within the ruling party. · South Africa is seeking new […]
By Momodu Favour Troops of the Nigerian Army under Operation Hadin Kai, working in close coordination with the Nigerian Air Force, have neutralised at least 61 suspected ISWAP fighters following a failed infiltration attempt in Malam Fatori, Abadam Local Government Area of Borno State. Security sources familiar with the operation said the insurgents launched […]
By Momodu Favour Food prices continued their upward climb across Nigeria in February 2026, with Kogi State recording the highest food inflation rate at 26.9 percent, according to the latest data on subnational price trends. The figures highlight growing pressure on household incomes, particularly in states already grappling with economic and security challenges. Following […]
Ghana has signed a visa waiver agreement with Kyrgyzstan for holders of diplomatic and service passports, marking a significant diplomatic breakthrough as Accra strategically expands its reach into Central Asia. · Ghana signed the visa waiver agreement with Kyrgyzstan during a historic diplomatic visit. · The trip marks the first bilateral visit by […]
The Senegalese Football Federation has lodged a formal protest against CAF’s decision to crown Morocco as the 2025 Africa Cup of Nations champions, confirming plans to escalate the dispute to the Court of Arbitration for Sport (CAS). On Tuesday, CAF’s Appeal Board decreed that Morocco be declared winners, overturning the original result of the final […]
The Federal Government of Nigeria has launched a new plan to help more people fly inside the country. It is called “Fly Now, Pay Later.” This credit option lets Nigerians book domestic flights first and pay for them in parts later. The move aims to make air travel easier and cheaper for everyday citizens who […]
Nigeria’s ongoing tax reforms under President Bola Ahmed Tinubu have received a major boost following support from the African Development Bank, as hundreds of thousands of low-income earners begin to benefit from reduced or eliminated tax obligations. The reforms, implemented in January 2026 and overseen by the Chairman of the Nigerian Revenue Service (NRS), Zaccheus […]
The Government of Mongolia and the United Nations Convention to Combat Desertification (UNCCD) have unveiled the thematic days and action agenda for the 17th Conference of the Parties (COP17), with a strong focus on land restoration, drought resilience and sustainable food systems. COP17 is scheduled to hold in Ulaanbaatar from August 17 to 28, 2026, […]
