Business | TRT Afrika

Nigeria's controversial telecom tariff hike explained

Nigeria's controversial telecom tariff hike explained

The tariff hike underscores the delicate balancing act faced by the Nigerian government as it navigates economic reforms while ensuring social stability.

Africa takes GDP recalculation campaign to G20

Africa takes GDP recalculation campaign to G20

Africa plans a fresh push at international summits this year for standard measures of economic strength such as GDP to have better recognition of the continent's vast natural resources.

Nigeria warns oil exporters breaching local supply quotas

Nigeria warns oil exporters breaching local supply quotas

Nigeria's upstream oil regulator said on Monday it would deny export permits for oil cargoes from producers who fail to meet their stipulated local supply quota.

Ghana President Mahama picks new central bank chief

Ghana President Mahama picks new central bank chief

Johnson Asiamah previously served as a second deputy governor of the central bank between 2016 and 2017.

Nigeria gets $1.1b loan from AfDB to manage power crisis

Nigeria gets $1.1b loan from AfDB to manage power crisis

The funding is expected to provide electricity access to 5 million Nigerians by the end of 2026.

Energy summit: African leaders pledge affordable electricity

Energy summit: African leaders pledge affordable electricity

Leaders emphasised investments in renewable energy, including solar and hydroelectric power, and promised to improve infrastructure.