TotalEnergies is selling off its 10% stake in 13 Nigerian onshore oilfields
It’s been confirmed that TotalEnergies SE is now among the top international oil companies divesting their stakes from Nigeria’s onshore...
The boom in online sportsbetting in Africa
The boom in online sports betting in Africa is here to stay. This means bookmakers and sport-specific gambling websites are...
Ethiopia is set to receive $300 million grant from World Bank to rebuild, as fighting subsides
The World Bank will give Ethiopia $300 million worth of grant money to rebuild parts of the country that were...
Airlines face fresh fuel crisis as NNPC supply dries up
One week after the Nigerian National Petroleum Company Limited (NNPC) intervened to resolve the aviation fuel crisis in the country, investigation shows...
Weak Naira, rising food prices drag Nigeria’s inflation rate for April to 16.82%
Inflation in April 2022 increased to an 8-month high of 16.82 per cent amid rising food prices and weak Naira...
Nigeria Political Party APC nets over N28 billion from sale of presidential, governorship, National Assembly aspirants forms
The All Progressives Congress (APC) has generated over N28 billion from the sale of expression of interest and nomination forms...
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Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has withdrawn from the 2023 presidential bid, a credible source...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...