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…
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…
Charcoal Traders Go to Uganda After Kenya Ban
Kenya's ban on logging in 2017 has seen charcoal traders flock to Uganda, which is now putting a strain on the country's dwindling forest cover. Conservationists have warned that with new markets for charcoal in…
Mnangagwa to Avail Foreign Currency to Combat Price…
Zimbabwean President Emmerson Mnangagwa has agreed to provide foreign currency to businesses and lashed out at companies that increased prices of commodities. The Zanu PF leader described the price hikes as unethical, unpatriotic and inhumane.
