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The National Emergency Management Agency is intensifying its flood warnings after its assessment of rainfall in Lagos shows over 200 buildings and more than 300 families were affected in May.

2023 floods: How prepared is Nigeria?

Nigeria’s oil production volume has steadily declined in the last two months dropping to nine hundred and ninety-nine thousand barrels a day in April. Industry operators attribute the decline to oil theft and recent strikes.

Nigeria's oil output struggles

A report by the Bayelsa State Oil and Environmental Commission says it will cost 12 billion dollars to clean oil spills and oil and gas pollution in the state over a 12-year period. 

Report puts Bayelsa oil spill clean-up at $12bn over 12 years

Nigeria’s headline inflation rate has risen to 22.2 per cent with highest increases recorded in prices of fuels, passenger transport by air and road.

Nigeria’s headline inflation hits 22.2% in April 

Following the impressive first quarter revenue growth of major oil firms in Nigeria, Vetiva Research expects the topline performance of oil companies to be sustained into the Full year.

Will oil & gas companies sustain Q1’23 momentum?

The Ghana Stock Exchange has sustained its positive momentum on the back of impressive first quarter numbers from listed companies. 

Ghana equities sustain bullish sentiments  

The Presidential Election Petition Tribunal has adjourned the hearing of the People's Democratic Party's petition against the President-elect’s victory at the Presidential polls to Thursday, 18th of this month.

Election tribunal adjourns PDP’s hearing to May 18th

The Group CEO of Access Holdings, Herbert Wigwe at the launch of the bank’s subsidiary in Paris today says the Bank’s trade finance solutions will help businesses navigate the complexities of cross-border trade.

Access Bank opens Paris subsidiary

Data by the Central Bank of Nigeria shows that prime lending rate in the banking sector increased to an average 13.9 per cent in March 2023, driven by the hike in Monetary Policy Rate to 18 per cent. 

How MPR hikes impact Nigerian banks 

Wonuola Akanbi, the Head of Energy and Infrastructure sales, Global Markets at Stanbic IBTC Bank, joins CNBC Africa to discuss the dynamics in the global oil market and how it impacts Nigeria.

Oil prices end 3-day rally on demand concerns

 The IMF in its Regional Economic Outlook for Africa forecasts growth in sub-Saharan Africa will decline to 3.6 per cent this year. 

IMF: SSA stands to lose the most in a severely fragmented world 

Liberia has established a National Cocoa Seed Garden to ensure the distribution of quality certified hybrid seeds to farmers and stop the importation of cocoa seedlings from neighbouring countries.

CBWA