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First Half 2025 Results: Afreximbank Gross Income Reaches $1.6 Billion

African Export-Import Bank Group has released its consolidated financial statements for the six months ended June 30 2025 (H1’2025). Amid heightened geopolitical tensions, persistent inflationary...
Social Impact & Justice

Vanderburgh County Director of Finance Sentenced to Prison for Stealing Public Funds

Regene Newman, 59, of Evansville, has been sentenced to 1.5 years in federal prison, followed by three years of supervised release, after pleading guilty...
Finance

Nigerian Stock Market Loses $237 Million over Profit-taking in Mid-tier Shares

The equities market on Monday continued in a bearish position, with investors losing about N363 billion to sustained profit-taking in several mid-tier stocks. The...
Finance

AfDB’s New President to Prioritise Reforms, Partnerships, African Youths

The new president of the African Development Bank, Sidi Ould Tah, says he will focus on reforms, strengthening partnerships and empowering youths and women...
Finance

UK Summit: Nigeria’s FIRS Chief Asks Global Leaders to Tackle Cross-border Crimes

Chairman of the Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji, on Monday, challenged global leaders to tackle the rising cross-border crimes that have...
Finance

The Millionaire Migration: Can Anyone Topple Johannesburg as Africa’s Wealth Capital?

A new detailed analysis of Africa's economic landscape reveals a continent where traditional powerhouses are being challenged by rapidly emerging hubs, painting a complex...
People

AfDB Video on Akinwumi Adesina’s Gender Advocacy Wins Two International Awards

A video by the African Development Bank Group, highlighting Bank president Akinwumi A. Adesina’s commitment to gender equality in Africa, has been named a...
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Africa Wealth Report 2025: Millionaire Population to Surge 65% by 2035 

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Africa is on track to witness a remarkable 65...

The Millionaire Migration: Can Anyone Topple Johannesburg as Africa’s Wealth Capital?

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