Uganda sees economic growth slowing to 5.2% to 5.7% in 2019-20 from an earlier forecast of 6% depending on the…

Yesterday, we reported that the  Central Bank technically devalued the naira to exchange to the dollar at N380.…

The Central Bank of Nigeria on Wednesday disclosed that the Manufacturing Purchasing Managers’ Index in the month…

The UK government will pay the wages of employees unable to work due to the coronavirus pandemic, in a…

The Dow Jones Industrial Average of 30 major American companies fell more than 4.5% on Friday, erasing all the…

South Africa’s flag carrier on Friday suspended all international and regional flights until the end of May…

In a bid to curb the spread of the novel coronavirus, the Lagos State government has decided to shutter night clubs…

US stocks ended Friday's session lower, although the losses were more contained than they have been in previous…

The market meltdown of the past few weeks is hurting various corners of the financial system. One area in which…

Stallion Motors, an auto assembler and franchisee of nine global brands including Hyundai, has announced plans to…

Ekiti State Governor, Dr Kayode Fayemi, on Friday, barred social, political, religious and family gatherings of…

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has pleaded for time to enable members exhaust…

The Central Bank of Nigeria has moved the FX sales rate to FPIs to N380.2/$, from N366.7/$, in a move that suggests…

An analyst in Lagos confirmed to BusinessDay that CBN sold the dollar at N380.2 on the I&E window today,…

On a pristine island off the northwest coast of Madagascar famous for its orchids and turquoise, turtle-filled…

Egypt said on Thursday it would shut all cafes, shopping malls, sports clubs and nightclubs from 7 p.m. until 6…

Banks in the country have urged their customers to utilise their digital self-service solutions because of the…

Transactions on the Nigerian Stock Exchange on Thursday halted the previous day’s gain with a loss of 3.12 per…

The National Youth Service Corps has suspended its weekly Community Development Service activities indefinitely,…

On Thursday, the naira exchanged to the dollar for between N372 and N374 at the Bureau De Change segment of the…

In a move signalling possible deregulation of the downstream sector, the Petroleum Products Pricing Regulatory…

Netflix will reduce the quality of its streaming in Europe to ease pressure on the internet, the firm said, as…

Apple Inc (AAPL.O) is limiting customer purchases of iPhones over its online stores in many countries including the…

The international oil benchmark, Brent crude, halted its losing streak on Thursday, trading around $28 per barrel…

President Donald Trump will cancel an in-person meeting of G7 leaders at Camp David in June because of the…

U.S. researchers, following the lead of scientists in other countries, have launched studies to see whether…

Amazon.com Inc (AMZN.O) has said it is halting its Prime Pantry delivery service in the United States to restock…

A wave of layoffs at restaurants, bars and hotels, as efforts to contain the coronavirus pandemic bring much of…

U.S. stocks managed to post gains on Thursday after recent steep losses as policymakers around the world took…

“We are very fortunate to have a strong cash position with about $10 billion of unrestricted cash as of end of…