Foreign exchange dealers have revealed that some Chinese traders operating in Nigeria are increasingly accepting naira for transactions instead of demanding US dollars, a development they say is helping to ease pressure on the local currency.

Sidi Ould Tah has been sworn in as the 9th president of the African Development Bank (AfDB) Group, succeeding Akinwumi Adesina, whose 10-year tenure ended on Monday.

Ethiopian Investment Holdings (EIH), the strategic investment arm of the Government of Ethiopia, and Dangote Group have signed a comprehensive shareholders’ agreement to develop, construct, and operate a world-class urea fertilizer production complex in Gode, Ethiopia.

The Central Bank of Nigeria (CBN) and the Banco Central do Brasil (Brazil’s Central Bank) have opened fresh talks aimed at strengthening economic and financial cooperation between Africa’s largest economy and Latin America’s biggest market.

Leap in Customs Achievements Under Wale Adeniyi By Abdulwahab Isa It takes an insider with deeper knowledge of the system to attain such milestones in two years. Only persons who grew through the ranks—from the bottom to the top echelon—could attain such breathtaking achievements recorded...

Ndace and the ‘Voice’ of Vision By Ahmed Balarabe Sa’id In today’s world, nations no longer compete only in markets and militaries, but also in stories. The ability to tell one’s own story and tell it well, has become a strategic asset. For decades, the...