Business

Uganda starts its first oil drilling program, with a projected output of 2025Uganda starts its first oil drilling program, with a projected output of 2025

Uganda starts its first oil drilling program, with a projected output of 2025

According to the country's petroleum department, Uganda kicked off its first oil drilling program on Tuesday. This marks a significant…

January 25, 2023
FG asks London court to cancel $11bn damages over the failed gas projectFG asks London court to cancel $11bn damages over the failed gas project

FG asks London court to cancel $11bn damages over the failed gas project

The Nigerian government and Abubakar Malami, the Minister for Justice and Attorney-General of the Federation, have urged the United Kingdom…

January 24, 2023
Elon Musk to fire more Twitter employees: ReportElon Musk to fire more Twitter employees: Report

Elon Musk to fire more Twitter employees: Report

Elon Musk’s Twitter is reportedly planning to fire more employees in the coming weeks. According to a report, two people…

January 19, 2023
What is Elon Musk’s Starship?What is Elon Musk’s Starship?

What is Elon Musk’s Starship?

The second richest man in the world, Elon Musk, has said that SpaceX's huge Starship vehicle is expected to launch…

January 13, 2023
Kenya Airways shares suspended as government hunts for buyerKenya Airways shares suspended as government hunts for buyer

Kenya Airways shares suspended as government hunts for buyer

The shares of Kenya Airways, the flag carrier airline of Kenya, have been suspended from trading for another year from…

January 7, 2023
Elon Musk becomes the first person in history to lose $200 billionElon Musk becomes the first person in history to lose $200 billion

Elon Musk becomes the first person in history to lose $200 billion

Tesla, SpaceX and Twitter owner Elon Musk became the first person in human history to lose $200 billion in net…

December 31, 2022
Elon Musk says he will not sell more Tesla stock for the next two yearsElon Musk says he will not sell more Tesla stock for the next two years

Elon Musk says he will not sell more Tesla stock for the next two years

Twitter and Tesla CEO (Chief Executive Officer), Elon Musk, has said that he will not sell any more Tesla stock…

December 23, 2022
Ghana suspends payment of part of its foreign debt as economic crisis worsensGhana suspends payment of part of its foreign debt as economic crisis worsens

Ghana suspends payment of part of its foreign debt as economic crisis worsens

Ghana has announced that it temporarily suspended the payment of part of its external debt as the country struggles due…

December 20, 2022
Ghana hoping for IMF agreement by next week: ReportGhana hoping for IMF agreement by next week: Report

Ghana hoping for IMF agreement by next week: Report

According to the finance ministry of Ghana, the economic recovery efforts of the country could be delayed and complicated if…

December 9, 2022
Buhari accuse governors of stealing LG fundsBuhari accuse governors of stealing LG funds

Buhari accuse governors of stealing LG funds

Muhammadu Buhari, the President of Nigeria, has accused the governors of stealing LG (local government) funds. He has accused them…

December 2, 2022