Economy
Mauritania’s Sidi Tah elected as Ninth President of AFDB
A former Minister of Economic Affairs and Finance in Mauritania, Sidi Ould Tah, has been elected as the ninth President...
![[FACT CHECK]: Did Burkina Faso’s Traore truly exempt older citizens from water, utility bills?](https://afrocover.com/wp-content/uploads/2025/05/IMG-20250524-WA0121-350x250.jpg)
[FACT CHECK]: Did Burkina Faso’s Traore truly exempt older citizens from water, utility bills?
Claim: An X account claims Ibrahim Traore has removed electricity and water bills for the elderly people in Burkina Faso....
CBN keeps interest rate at 27.50%, cites economic improvement
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso has confirmed that the Monetary Policy Committee (MPC) has pegged the...
NPA, Lagos govt collaborates to clear ports’ congestion
The Nigerian Ports Authority (NPA) and the Lagos State Government have joined forces to clear congestion at the Lagos Port...
BOA targets recovery, recapitalisation to boost agriculture
The Bank of Agriculture (BOA) is launching a nationwide loan recovery campaign as it sets its sights on reclaiming over...
Cement giants slash prices for renewed rope projects
In a major boost to President Bola Ahmed Tinubu’s Renewed Hope Agenda, Nigeria’s top cement manufacturers have agreed to significantly...
Nigeria’s inflation eases to 23.71% in April – NBS
The National Bureau of Statistics (NBS) has reported a slight drop in Nigeria’s headline inflation rate, which eased to 23.71...
Oyo unveils export-ready food products, inaugurates new board
The Oyo State Government has launched a range of export-ready, value-added food products, including processed yam, cassava, and plantain flour....
FG pledges 20,000 affordable homes in first phase of housing project
The Federal Government of Nigeria has pledged to deliver more than 20,000 affordable homes across the country. As part of...
World Bank backs CBN, says policies may help reduce inflation drastically
The World Bank has claimed that the Central Bank of Nigeria’s ongoing monetary tightening efforts may help reduce inflation drastically. ...
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