
Top 5 oil producing countries in Africa
The Organization of the Petroleum Exporting Countries just released its monthly oil market report for the month of October. As...

Kenyan businesses to shut down in droves without a miracle intervention
The corporate sector in Kenya could take a huge hit owing to a wide spread insolvency. An estimated 46 firms...

Nigerian carrier, Air Peace, suspends flights to Dubai over visa ban
A Nigerian indigenous carrier, Air Peace, said it has suspended flights from the country to Dubai, United Arab Emirates, as...

Inside billionaire Bill Gates’ trip to Nairobi, Kenya
Bill Gates, co-chair of the Bill & Melinda Gates Foundation, will be in Nairobi, Kenya, to visit national and local...

East African leaders have come together to prevent a war in their region
East African leaders have become insistent on preventing an all-out regional conflict. The past week for the Eastern region of...

Nigeria’s bakers mull another increase in bread price as Russia ends trade deal with Ukraine
Bread makers in Nigeria are contemplating another increase in the price of bread or size reduction over the rise in...

Naira redesign: CBN confirms rising deposits
The Central Bank of Nigeria (CBN) has confirmed increased deposits in commercial banks across the country. Ostia Nwanisobi, the CBN...

Like Facebook, Twitter, Amazon to lay off 10,000 employees
Amazon, an American multinational technology company, has announced plans to lay off as many as 10,000 of its employees. Multiple...

Amazon founder Jeff Bezos pledges to give away most of his wealth
Amazon founder Jeff Bezos has said he plans to give away most of his $124bn (£107bn) fortune during his lifetime....

Petrol stock rises by 264.1m litres in one week, as NNPC mulls N400 per litre price
The Nigerian National Petroleum Company (NNPC) Limited’s stock of Premium Motor Spirit, popularly called petrol, has increased significantly following the...