Business
Ghana Inaugurates 97 km Tema-Mpakadan Rail Linking Ghana to Burkina Faso, Opening Access to the Sea
President Nana Akufo-Addo has commissioned the 97-kilometre Tema-Mpakadan railway line, a transformative infrastructure project that marks the first phase of the Ghana-Burkina Faso...
FG’s Renewed Hope One-bedroom Apartments Cost ₦8 Million, Require 10 Years of Full Savings for Minimum Wage Earners
The Nigerian Federal Government has disclosed the pricing structure of its Renewed Hope Housing Programme. Housing Minister Musa Dangiwa provided the details on...
Oando Faces Backlash for Paying Influencers to Create PR Posts Following NGX Suspension and Missed Financial Report Deadlines
Oando PLC, a Nigerian energy company, is being criticised for allegedly paying uninformed, greedy social media influencers to repair its image after missing...
Manufacturers Lament Massive Loss Due to Naira Depreciation and Forex Scarcity
The Chairman of the Ogun State chapter of the Manufacturers Association of Nigeria (MAN), George Onafowokan, has expressed deep concern over the ongoing...
Shares of Australian Mining Company Fall 32% After Mali Detains CEO and Two Executives on Corruption Charges
Shares of Resolute Mining, an Australian gold mining company, dropped by 32 per cent on Monday. This sharp decline marks the company’s worst...
Canadian Mining Company B2Gold Pays Mali $30 Million To Settle Mining Tax Dispute
The Canadian mining company B2Gold has paid the Malian government $30 million (18.3 billion FCFA) to settle a tax dispute related to gold...
Mali Detains 3 Executives From Australian Gold Mining Firm
Three foreign executives from the Australian mining company Resolute, which operates a gold mine in Mali, were arrested in Bamako on Friday, AFP...
Nigeria’s Onion Farmers Report 50% Losses Due to Inflation and Rising Costs
Nigeria’s onion farmers are experiencing over 50 per cent losses due to rising production costs, inflation, and post-harvest losses. Aliyu Maitasamu, President of...
Wale Tinubu’s Oando Records N60.3 Billion Profit-After-Tax, 43% Revenue Increase by End of 2023
Oando Plc reported a profit-after-tax of N60.3 billion for the 2023 financial year, a major turnaround from the N81.2 billion loss it recorded...
Worsening Hardships Lead to 60% Decline in International Trips from Nigeria
International trips from Nigeria’s major airports, Murtala Mohammed International Airport in Lagos and Nnamdi Azikiwe International Airport in Abuja have dropped significantly. Outbound...
Dangote Refinery Refutes Claims of Fuel Loading Delay, Urges Marketers to Pay Directly
Dangote Petroleum Refinery has clarified that it is not responsible for any challenges experienced by members of the Independent Petroleum Marketers Association of...
Nestle Nigeria Records N255 Billion Pre-Tax Loss in First Nine Months of 2024 Due to Rising Finance and FX Costs
Nestle Nigeria Plc reported a pre-tax loss of N255.38 billion for the first nine months of 2024. This marks a sharp increase of...