Business
Nigeria to Sell Off KAEDC over $130M Debt
The power sector regulator, the Nigerian Electricity Regulatory Commission (NERC), has announced its plan to sell off a power distribution firm to repay...
Kenya’s Visa-Free Policy Raise Criticism
In a bid to encourage tourism and foster easier travel within Africa, Kenya recently implemented a policy offering visa-free entry to all foreigners....
Breaking: GLO Users to be Restricted from Calling MTN Lines from January 18 – NCC
The Nigerian Communications Commission (NCC) has disclosed that starting from January 18, GLO subscribers will be barred from calling MTN lines. The issue...
CBN Pays Nearly $2 Billion Towards FX Backlog
In a bid to clear the backlog of dollars, Africa’s biggest economy, Nigeria, via the Central Bank of Nigeria (CBN), has paid $2...
Ericsson To Unlock Digital Transformation Potential in West Africa
Ericsson, a networking and telecommunications company, has recently appointed Majda Lahlou Kassi as the new vice president and head of Ericsson West Africa...
Dr. Tayo Aduloju Appointed as CEO of Nigerian Economic Summit Group
Dr. Tayo Aduloju has been appointed as the new Chief Executive Officer of the Nigerian Economic Summit Group (NESG), effective from January 1,...
Gautam Adani Regains Title as Asia’s Richest, Surpassing Challenges in a Resurgent 2024
Gautam Adani has reclaimed his title as Asia’s wealthiest individual, with a net worth of $97.6 billion, making him the 12th richest globally,...
Africa’s Richest Black Billionaires 2024: Diverse Entrepreneurs Driving Economic Empowerment
Africa boasts a continent rich with enterprising individuals, producing world-class businessmen. Notably, among Africa’s top billionaires are some who may not fit the...
Nigerian Billionaire Tycoons’ Companies Achieve Staggering N3.1 Trillion Capital Gain in 2023
In 2023, Nigerian billionaire investors Herbert Wigwe, Aliko Dangote, Femi Otedola, and Jim Ovia saw their companies – Geregu, Zenith Bank, Access Holdings,...
Enugu: Igwe Asadu grants N63 million to 63 youths to start business
The new year set in blissfully for some youths in Edem-Ani Ogwugwu in Nsukka LGA of Enugu as they were granted a capital...
NNPC Ltd.: “No Increase in Fuel Prices”
The Nigerian National Petroleum Company (NNPC) Ltd., in a recent statement, assures the public that there is no imminent increase in the cost...
Osoba – “Tinubu Will Sign Executive Order To Stop Cash Hoarding”
In December, the Central Bank of Nigeria (CBN) emphasized the continued validity of both new and old naira notes beyond December 31, 2023....