Ghana’s parliament okays $750 million Afreximbank loan
The Ghanaian lawmakers have approved the first batch of a $1 billion loan target which the Government hopes to seal...
Unstoppable: Rai family becomes Kenya’s leading sugar manufacturer with the launch of their fourth milling plant
The $44-million Naitiri Sugar Company, which started milling in May, would produce at least 6,000 tonnes of sugar per day....
Elon Musk, Tesla lose $65.4m after betting on bitcoin, sell off over 29,000 BTC
Elon Musk has sold Tesla’s bitcoin holdings amid slump in the cryptocurrency market. The sell off reduces the automaker’s exposure...
Central Bank of Nigeria warns Nigerians to stop converting naira to dollar
The Central Bank of Nigeria (CBN) has issued a stern warning to Nigerians converting Naira to the US dollar. According...
Twitter wins first battle in lawsuit with Musk after judge agrees to move the case forward on an expedited schedule
Elon Musk and Twitter’s legal teams Tuesday squared off in court for the first time. The Delaware Court of Chancery...
Outcry as Central Bank of Nigeria raises interest rate again
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday again raised the Monetary Policy Rate from 13...
Flights, banks services to face disruptions over ASUU strike
Flights and banking operations across the country could be disrupted in the coming days as unions in the aviation and...
NNPC fails promise and approves N179 per litre pump price
The Nigerian National Petroleum Company (NNPC) Limited has approved a new pump price after weeks of promises that it will...
IMF approves $235.6 million budget-support loan for Kenya
The Executive Board of the International Monetary Fund (IMF) has approved a $235.6 million loan disbursement to Kenya. Ikeanumba Africa...
MRS, Oando increases fuel price, as fuel scarcity hit NNPC
Oil marketers have increased the price of Premium Motor Spirit (PMS) against the warning of the Federal Government, as fuel...