
Kenya-based food-tech startup Kune shuts down due to lack of funding
Kenya-based start-up Kune has decided to wind up its operations barely a year after inception. The firm is the latest...

Amidst Fuel scarcity in Lagos and Abuja, Independent Petroleum Marketers Association of Nigeria allays fears over fuel price increase, reiterates N165/litre benchmark
Premium Motor Spirit (PMS), also known as petrol, would not be sold beyond N165 per litre, according to the Independent...

Nigeria begins decentralisation of power grid, invests $550m in power sector
President Muhammadu Buhari said on Tuesday the Federal Government has commenced the decentralisation of the national grid to address the...

Elon Musk makes Aliko Dangote’s net-worth in one day, as Nigerian billionaire loses N105.33bn
Surge in demand for Tesla shares on Tuesday made the Chief Executive Officer of the company, Elon Musk, richer, while...

World Bank condemns CBN policies, says they place Nigeria on fiscal time bomb
The World Bank has declared that the Central Bank of Nigeria (CBN) policies are undermining the business environment within the...

RUSSIA-UKRAINE WAR: THE IMPLICATIONS FOR AFRICA
Wheat and oil, are among the commodities that fuel the economies of many African countries. Wheat is the chief commodity...

Top14 most lucrative businesses in Nigeria (2022) with High Capital
There are so many good sides to starting a business in Nigeria. First, you put your destiny in your own...

Nigeria’s inability to refine its own crude oil is having a serious impact amid soaring global fuel prices
Whenever a list of the world’s top 20 largest oil producers is compiled, at least four African countries are mentioned...

Could Lifting Sanctions On Venezuela Help Ease Russia Crude
oaring energy prices, triggered by Russia’s invasion of Ukraine and diminished global production, have brought the focus back onto Venezuela, an OPEC...

Nigeria’s trade gap with China widens to over N1tn
China has topped the list of top exporting nations to Nigeria but does not appear on the list of top...