Abuja — Turkey has commenced a sweeping enhance in residence allow utility charges, elevating sure classes for Nigerians, and nationals of about 36 different African nations by as a lot as 930 per cent, the Directorate Normal of Migration Administration introduced on the weekend A complete of about 140 different nations, throughout continents, together with…
Financial institution of Africa Niger reported a 92% drop in web revenue for 2025, in line with an announcement from its board dated 20 February 2026. The financial institution mentioned the decline displays strain throughout Niger’s banking sector as lending exercise slowed and asset high quality weakened. Trade information present whole credit score within the…
Nedbank Group reported a 2% enhance in headline earnings to R17.2 billion for the yr ended Dec. 31, 2025, because it accomplished the sale of its Ecobank stake and settled a dispute with Transnet. Diluted headline earnings per share rose 3% to three,628 cents. Return on fairness eased to fifteen.4% from 15.8%. The financial institution…
APA-Addis Ababa (Ethiopia) Inflation stays excessive in West Africa, averaging 20.1 p.c in 2023, with an anticipated decline to 19.4 p.c in 2024, the United Nations Financial Fee for Africa (UNECA) mentioned Thursday. UNECA mentioned the general funds deficit is estimated at a median of 4.5 p.c of GDP in 2023 with unchanged prospects anticipated…