UAE’s IRH plans bid for stake in Zambia’s Lubambe copper mine
In the fourth quarter of 2023, South Africa experienced a decrease in foreign direct investment (FDI) inflows,…
Kenya resolves its oil importation row with Uganda – report
Kenya's Energy Minister, Davis Chirchir, has announced that Kenya will permit Uganda's state oil firm, UNOC…
Yen on intervention watch; Asia shares creep higher
The yen remained near its weakest levels in decades on Thursday, but the threat of intervention by Japanese…
Dollar strengthens against euro and pound
On Thursday, the dollar strengthened against the euro and pound after a Federal Reserve policy maker indicated no…
Ghana maintains high interest rate
Ghana's central bank decided to keep its main interest rate at 29%, highlighting concerns over the country's…
EU restrictions on second-hand clothes exports to impact Kenya
France, Denmark, and Sweden have proposed restricting the export of used clothing from the European Union (EU),…
Libya’s oil and gas minister temporarily suspended
The Government of National Unity in Libya has temporarily suspended its oil and gas minister, citing a legal…
Revenue grows despite currency fluctuations- SPAR
South African grocery retailer and wholesaler, SPAR, announced an 8.8% rise in turnover for the 24-week period…
China to support Zambia’s debt restructuring efforts
China has pledged to continue collaborating with all stakeholders to facilitate Zambia's debt restructuring…
Nigeria boosts power grid with new equipment
FGN Power Company, responsible for executing the Presidential Power Initiative (PPI) in Nigeria, has received 10…
Nigeria’s crude oil grades near $90 on Russia-Ukraine conflict
Nigeria's oil futures, including Brass River and Qua Iboe, experienced gains on Wednesday due to escalating…
BDC Gets 10k Dollars From CBN, To Sell At N1,269/$
Leaders of African nations have received a call to action to create a thriving economic environment for talented…
Executive Order: Jos business owners lament Impact On Operations
Business owners in Jos, the capital of Plateau state, are expressing frustration over the prohibition of trucks…
Customs: cargo clearance drops by N124 To N1,448/$
The Nigeria Customs Service (NCS) has significantly reduced the exchange rate for cargo clearance and import…
Binance executive fled Nigeria with smuggled passport – NSA
The National Security Adviser, Nuhu Ribadu, has confirmed the escape of Nadeem Anjarwalla, a suspect in the…
CBN sells $10,000 to each BDCs at N1,251/$1
The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change (BDC) operators, announcing the sale…
Xiaomi unveils “SU7” electric car
Xiaomi's CEO recently revealed plans for the company's first electric vehicle, the SU7, aiming to make it the most…
USA: TikTok bill faces uncertain fate in the Senate
As the week begins, markets in Europe and globally are experiencing a slow start due to upcoming holidays.…
Southern Africa faces food crisis due to Drought
The United States Agency for International Development (USAID) has highlighted a dire situation in southern…
Kenyan villagers build sand dams for water security
In Makueni, Kenya, residents of Kasengela village are taking matters into their own hands to secure water sources…
NDIC calls on EFCC to return recovered funds
The Nigeria Deposit Insurance Corporation (NDIC) has urged the Economic and Financial Crimes Commission (EFCC) to…
FG allocates land for diaspora city project in Abuja
The Minister of Housing and Urban Development, Ahmed Dangiwa, has announced that the Federal Government has…
Access bank launches offline banking platform
Access Bank Plc has introduced an offline banking platform called 901.ng to provide customers with an additional…
BOI launches palliative food programme, support Nigerians
Launched by the Minister for Industry, Trade and Investment, Dr. Doris Uzoka-Anite, the Bank of Industry (BoI) has…
APWEN urges government action on water challenges
The Association of Professional Women Engineers of Nigeria (APWEN), Lagos Chapter, has called on the government to…
Kaduna DisCo warns customers over unpaid bills
The management of Kaduna Electricity Distribution Company has clarified misconceptions surrounding the payment for…
$7bn FX: OPS threatens to sue banks over rejected applications
Some businesses within the Organised Private Sector of Nigeria (OPSN) are contemplating legal action against…
FG plans joint cable protection, disruption lingers in six countries
The Federal Government has urged West African nations to collaborate in protecting shared telecommunications…
Dangote spends N15bn on food intervention programme
Aliko Dangote, President of the Dangote Group, has allocated approximately N15 billion to a food intervention…
Nigeria tightens regulations on Crypto operators
Nigeria is intensifying its oversight of the cryptocurrency industry by updating regulations for crypto operators,…