Oil prices rise to their highest levels in 2 months as China loosens its COVID curbs
Crude oil prices on Monday climbed to their highest levels since March, as European Union diplomats scrambled to seal a...
Twitter jumps 4.5% after Elon Musk puts up another $6.25 billion of his own wealth to fund the takeover deal
Twitter stocks rose by around 4.5% as markets opened Thursday after Elon Musk fronted more of his own wealth to fund his...
Amazon shareholders approve $212M payout to CEO Jassy, reject worker safety, climate initiatives
Amazon shareholders have agreed to CEO Andy Jassy’s $214 million package but rejected all 15 investor-led proposals that demanded the...
Africa Union Chairman Macky Sall says he’ll visit Russia and Ukraine to lobby for an end to blockade on essential grain exports to Africa
President Macky Sally of Senegal, who also serves as Chairman of the African Union (AU), said he would be visiting...
Nigerians made $274.6 billion worth of e-payments in the first 4 months of 2022
Between January and April 2022, Nigerians performed N114.8 trillion ($274.6 billion) worth of electronic transactions. This is according to latest...
FALL OF THE GHANAIN CEDI AND WAY FORWARD
Is the Ghanaian Cedi on a free-fall? Some seems to think so. According Bloomberg, the Ghanaian Cedi is the worst...
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...
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...
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...
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...