Business

Trade between China and Africa has shown a rapid and positive development trend, reaching new heights growing to $260 Billion in 2022 from less than $13 Million in 2000. China’s total import and export volume…

The Central Bank of Nigeria (CBN) has introduced new guidelines and restrictions on contactless payments in the country.  In two circulars issued by the CBN's Director of Payments System Management Department, the bank outlined measures…

The National Bureau of Statistics (NBS) has reported a drop in the prices of refilling 5 kg and 12 kg cylinders of Liquefied Petroleum Gas (Cooking Gas) in May 2023. The average retail price for…

According to community leaders and local authorities, at least 13 people have been killed in new skirmishes between farming and herding groups in central Nigeria since Friday. Herder and farmer groups in the central state…

Airtel Nigeria has officially launched its 5G network, becoming the second provider to offer 5G services in the country. The launch comes six months after Airtel won the auction for the 3.5GHz spectrum license conducted…

Omnia Holdings, a South African-based fertilizer manufacturer, has reported a significant achievement in its annual profit for this year. The company experienced a remarkable 10% increase in its annual profit, showcasing its strong financial performance.…

Since it gained its independence, Ghana has requested assistance from the International Monetary Fund a total of seventeen times, which works out to an average of once every four years. However, obtaining a rescue package…

The Social Relief of Distress (SRD) grant is overseen by the South African Social Security Agency (SASSA), a government agency of South Africa that administers the country’s social security system. The SRD grant provides temporary…

Premier Group, a South African food producer, has announced a significant increase in annual profit, with a near 40% jump despite challenges such as rising commodity prices and inflation.  The company reported a headline earnings…

The attack, involving heavy artillery fire, resulted in the tragic loss of at least 17 lives and left 106 people wounded.  The incident occurred despite a previously signed ceasefire between the Sudanese government forces and…

Nigeria is currently experiencing fuel shortages and long queues at filling stations in major cities after President Bola Tinubu announced the removal of fuel subsidies in his inaugural speech.  Many filling stations have either closed…

Twitter, an American social media company based in San Francisco, is in the limelight due to a lawsuit. Twitter’s former PR (public relations) firm has sued the social media company over unpaid bills. As per…

Elon Musk has named Linda Yaccarino, an American media executive, as the new CEO (Chief Executive Officer) of the micro-blogging social networking site Twitter.  She is set to take over from billionaire Elon Musk as…

Nigeria, an African country in the Gulf of Guinea, is famous for its natural landmarks and wildlife reserves. Cross River National Park and Yankari National Park are famous places in Nigeria. Do you want to…

Dropshipping is a type of business in which the seller sells products on their website without keeping stock on hand. It allows entrepreneurs to ship products to a third party. When an order is received,…

Elon Musk, the tech billionaire and the CEO (Chief Executive Officer) of Twitter, has said that the micro-blogging platform will allow users to charge for access to their content from their long-form text and hours-long…

Nigeria is getting ready to get rid of its expensive gasoline subsidies in June. The World Bank has given the country $800 million so it can keep its national social program going. The largest economy…

McDonald's Corp, an American multinational fast food chain, will temporarily shut down its US (United States) offices this week as the company plans to lay off employees. According to reports and various sources, Burger chain…