The Cinema Exhibitors Association of Nigeria (CEAN), the country’s premier Film Trade Association Body, has announced good news for cinema lovers on the occasion of the International Cinema Day. Opeyemi Ajayi, the chairman of the…
Informal business relief isn’t reaching the height –…
Recent concessions made by government to relax informal trading restrictions, amid a growing risk of coronavirus infection, highlights the precarious socio-economic situation of low paid workers – not to mention the enduring contradictions of managing…
Nigeria’s booming hydroalcoholic gel business
Nigeria’s hydroalcoholic gel business booms amid the COVID-19 pandemic. In this edition, we speak with Dr. Stephanie Sodangi, who set up a local gel manufacturing plant in her clinic in Abuja. High demand for sanitary…
Hard times for Senegal’s Fish sellers
On the banks of the atlantic in Hann-Bel Air, Dakar, a young man waits desperately for the arrival of a canoe. Galaye Sarr, a 23 year old Fishmonger, like his colleagues and nearly all players…
S. Africa’s Economy May Shrink as Much as…
South Africa’s economy could contract by 2% to 4% this year due to the coronavirus pandemic and measures to curb its spread, according to the Reserve Bank. A 21-day nationwide lockdown aimed at slowing the…
Calabar Mall didn’t collapse – Management
The management of the Calabar Mall and SPAR has debunked claimed that the mall collapsed. “The Calabar Mall building did not collapse as suggested through fake claims on the internet, and the shops remain open…
Ambitions of the CEMAC stock exchange
The Central African Stock Exchange wants to accelerate economic diversification of the sub-region following a listing operation on the Central African Stock Exchange. After the merger-absorption of the Douala stock exchange a little more than…
Bitcoin business needs support from the government –…
Odum Chijioke John, the Founder and Chief Executive Officer of Chiji14xchange, a leading Nigerian e-commerce company in the business of crypto currency trading and Gift cards exchange has decried the lack of government support in…
Ghana tweaks mobile money charges, Nigeria revises budget
The coronavirus epidemic continues to disrupt life across the world. The disruption is all but gathering steam in affected even virus-free African countries. The rate of infection is lower on the continent as compared to…
South Africa Ninety One lists on the JSE
The Johannesburg Stock Exchange (JSE) announces the primary listing of Ninety One Limited (NY1) and the secondary listing of Ninety One Plc (N91) on its Main Board. Ninety One Limited and Ninety One Plc will…
Business: How coal is doing better than gold
Amid instability in the oil markets and sharp losses for other commodities such as copper, you may be tempted to think gold is the best option for a positive return. But coal beats the metal.…
Oil prices crashes globally due to COVID-19
Oil prices fell sharply on Monday, after OPEC members failed to strike a deal with oil-exporting countries and Russia. Moscow refused Friday to further reduce crude oil production, to stem the fall in prices linked…
Ecobank celebrates International women’s day
Ecobank Nigeria, Managing Director, Patrick Akinwuntan (middle), on his left, Executive Director, Commercial Banking, Carol Oyedeji and other female Ecobankers during the Bank’s commemoration of this year’s International Women’s Day (IWD) at the Bank’s head…
Opportunities in the Continent of Africa
It would be remiss to paint the African continent with one brush as many countries are at varying stages of their macroeconomic and political cycles, according to Franklin Templeton Emerging Markets Equity’s Danesh Ranchhod. He…
Coronavirus: Driving huge demand worldwide
The coronavirus has sent global markets to a stand still as its ramifications to a swath of businesses and industries becomes more apparent. Companies that make and sell products are struggling to secure supply lines…
UBA rakes in N89.1bn profit after tax
United Bank for Africa Plc (UBA) has posted a profit after tax of N89.1 billion for the financial year ended Dec. 31, 2019. The profit after tax represented a growth of 13.3 percent to N89.1…
UK Assures Kenya of Strong Business Ties
Foreign Secretary Jeremy Hunt has told the press during a joint briefing with his Kenyan counterpart Monica Juma that the United Kingdom is committed to favourable trading relations with Kenya even after Britain leaves the…
Does Africa Need New Infrastructure Funding Options?
Despite debt concerns, Ethiopia and other governments express support for the Belt and Road initiative and went to Beijing to negotiate for more Chinese financing, writes Silja Fröhlich for Deutsche Welle. African leaders attending a Road and Belt…
World Bank Agrees to Finance Kenyatta’s Affordable Housing…
The multilateral lender says the U.S.$250 million will enable the country to set up the Kenya Mortgage Refinance Corporation, to be owned by the state, commercial banks and financial co-operatives. President Uhuru Kenyatta has said…
