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According to the 2024 Taxes and Charges Study by the African Airlines Association (AFRAA), international passengers departing from African airports pay an average of $68 in taxes and fees—up from $66 in 2022 and $64 in 2020.
The research firm projects a 150 basis point cut in the Monetary Policy Rate (MPR) to 26.0% by year-end. If implemented, the cut would mark the first rate reduction in nearly five years.
Read our complete analysis of the NGX stock market here. We break down what happened last week and what to expect this week of trading.
Namibia’s FDI performance significantly outpaced Botswana — its economic counterpart, whose total stock stood at $6.5 billion in 2024 despite recording steady growth over the past decade.
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Other highlights
Guaranty Trust Holding Company Plc, one of Nigeria’s Tier 1 banks, is set to launch raise about $100 million dollars, ahead of Bank’s minimum capital requirement amid delisting from the ADR on the London Securities Exchange.
As of March 31, 2025, Nigeria’s public debt totaled ₦149.3 trillion, according to the Debt Management Office.
Cameroonian legal expert Dr. George Elombi has been appointed president and Chairman of Afreximbank, becoming the fourth to lead the continent’s trade institution since its creation in 1993
Nigeria has introduced tax reforms that scrap three key taxes for small businesses but tripled the capital gains tax (CGT) rate for corporations.
