Africa’s richest man, Aliko Dangote, adds $950 million to his personal worth as shares of Dangote Cement continues to rise
Akudo Abengowe Aliko Dangote got off to a great start in 2022, adding about $950 million to...
2022
African airlines lost a collective $8.6 billion in 2021 due to travel restrictions caused by COVID-19
According to an updated report by the African Airlines Association (Afraa), the COVID-19 pandemic continued...
Bitcoin’s ‘fair value’ is 12% below current levels based on its volatility in relation to gold
The bank’s analysis was made on the assumption that bitcoin is four times as volatile...
Oil price uncertainty, insecurity, threaten Nigeria’s economic outlook – International Monetary Fund (IMF)
Nigeria’s economic outlook faces significant risks from the covid-19 pandemic trajectory, oil price uncertainty, and...
Remove fuel subsidy and official exchange rate, International Monetary Fund urges Nigeria Federal Government
Two weeks after the Federal Government suspended the removal of petrol subsidy, the International Monetary...
Ghana accuses Moody’s and Fitch Ratings of ‘bias’ after its credit rating was downgraded by the agencies
The Ministry of Finance in Ghana has accused Moody’s Investors Service of bias, following the...
Meta warns it could pull Instagram and Facebook in Europe if it loses a data-sharing ruling
The tech giant said in its annual report Thursday that it may choose to pull...
Nigeria Focus on ambitious plan to curb crude oil theft and plug revenue losses
Nigeria finally has an ambitious plan that will not only put an end to the...
Globacom Limited, owned by Nigerian billionaire Mike Adenuga signs network extension deal with Ceragon Networks to launch 5G in Nigeria
Globacom Limited (Glo) has entered into an agreement with Israeli network equipment supplier Ceragon Networks...
The Kenyan Government will inject $176 million in heavily-indebted Kenya Airways
Amid the news that Kenya Airways is in the process of restructuring its debts, Business...