Africa’s richest man Aliko Dangote seeks to raise an additional $1.1 billion to complete his refinery project by 2023
A new report claims that Africa’s richest man, Aliko Dangote, does not have the kind of money needed to complete his...
CBN Governor, Emefiele withdraws his presidential bid
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has withdrawn from the 2023 presidential bid, a credible source...
Elon Musk suspends acquisition of Twitter
World’s richest man, Elon Musk, has suspended his Twitter deal over spam and fake accounts on the microblogging site, a...
Nigerian billionaire and Chairman of Zinox Group, Leo Stan Ekeh, might be planning a takeover bid for Jumia.
A source with insider knowledge of the situation told Nairametrics, a Lagos-based business publication, that the businessman “is replicating the...
EA confirm they will no longer make FIFA video games and name change after split
FIFA 23 will be the last edition of the popular video game series helmed by EA Sports which began almost...
Are NFTs the new way to collect art?
The digital world is vastly expanding, and so is the crypto world. With the mega growth we have seen in...
Zimbabwe has suspended banks from lending money to private companies and government agencies
On Saturday, the President of Zimbabwe, Emmerson Mnangagwa, issued an executive order that banks should stop extending loans following the...
Ethio Telecom launches Ethiopia’s 5G network
Ethiopia’s state-owned telecommunications company, Ethio Telecom, has launched the first 5G network in the Horn of Africa. Local media reported...
Airline operators win fight, as NNPC agrees subsidy on aviation fuel for three months
Following threats to stop operations, the Nigerian National Petroleum Company (NNPC) Limited has negotiated an arrangement with Airline Operators of...
JP Morgan delists Nigeria from emerging market list, as govt plans another $950m debt
JPMorgan has removed Nigeria from its list of emerging market sovereign recommendations over its fiscal woes. The global financial institution...