‎Economic growth across Nigeria and other Sub-Saharan African countries is expected to strengthen in 2026, but the pace of expansion remains insufficient to significantly reduce poverty, according to the World Bank’s October 2026 Africa Economic Update, titled “Building AI Readiness.”

Nigeria’s Exports to East, Southern Africa Now N1trn   Nigeria’s exports to countries in Eastern and Southern Africa rose by 42.95 per cent to N1.03tn in the first quarter of 2026, underscoring the growing importance of intra-African trade and setting the stage for further expansion following...

Telecoms Add $220bn to Africa’s GDP – Report   The telecommunications sector contributed $220bn to Africa’s economy in 2024, equivalent to 7.7% of GDP, according to the GSMA Mobile Economy Africa 2025 report. Speaking at a telecoms policy event in Kinshasa attended by President Félix Tshisekedi, Airtel...

Why Foreign Reserves Are Keeping Africa Poor — And What To Do Instead , by Ejike E. Okpa   A successful nation does not need a foreign reserve. It needs formidable local capital formation. That’s the difference between a country that owns its future and one...

World Bank Seeks $23bn Private Funding for Africa   The World Bank Group has unveiled an ambitious financial plan to mobilise about $23bn in private capital for Africa through a massive scaling up of its risk mitigation instruments over the next four years. According to a statement...

FG Secures Permanent African Central Bank Board Seat at AU Summit Nigeria has secured a permanent seat on the Board of the African Central Bank, following a decision reached during the 39th Session of the Executive Council of the African Union. The development was disclosed in...