Egypt tops Africa’s IMF debtors with $10.76bn outstanding. The 2026 ranking of the continent’s 10 biggest borrowers and their latest debt figures by country.
Egypt tops Africa’s IMF debtors with $10.76bn outstanding. The 2026 ranking of the continent’s 10 biggest borrowers and their latest debt figures by country.
Prices of several staple food items have continued to ease across major markets in Abuja, following the end of the festive season, according to a market survey.
Nigeria imposes a 7.5% VAT on digital banking service fees, affecting small businesses and individuals. Understand how these costs will impact daily transactions.
Nigerians’ ATM withdrawals soared to ₦36.34 trillion in H1 2025, amid public backlash over revised fees affecting low-income households and highlighting disparities.
Nigeria's tax landscape transforms as the Nigeria Revenue Service (NRS) replaces FIRS, enhancing efficiency, taxpayer engagement, and technology integration.
A study by Renaissance Capital Africa (Rencap) has provided insights into the market valuation of banks in Nigeria, with Zenith Bank Plc emerging as the top pick.
Nigeria and Abu Dhabi Ports Group have signed a landmark MoU to enhance ports development, maritime logistics, and strengthen trade and economic cooperation.
The Kano State Government has announced plans to train at least 50,000 young people across the state in 2026 as part of efforts to reduce unemployment.
The EU has removed Nigeria and five other African countries from its high-risk list, following successful AML/CFT reforms and delisting from the FATF grey list.
Food inflation in Nigeria slowed to 10.84% in December 2025, with Yobe, Ogun, and Abuja recording the highest increases, while prices of key staples declined.
Economy
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