Eastern AfricaEntrepreneursMarket Kenya-based food-tech startup Kune shuts down due to lack of funding Akudo AbengoweJun 23, 2022Jun 23, 2022 Kenya-based start-up Kune has decided to wind up its operations barely a year after inception. The firm is the latest... Read More
MarketWest Africa Amidst Fuel scarcity in Lagos and Abuja, Independent Petroleum Marketers Association of Nigeria allays fears over fuel price increase, reiterates N165/litre benchmark Akudo AbengoweJun 23, 2022Jun 23, 2022 Premium Motor Spirit (PMS), also known as petrol, would not be sold beyond N165 per litre, according to the Independent... Read More
MarketWest Africa Nigeria begins decentralisation of power grid, invests $550m in power sector Akudo AbengoweJun 22, 2022Jun 22, 2022 President Muhammadu Buhari said on Tuesday the Federal Government has commenced the decentralisation of the national grid to address the... Read More
BillionairesMarketWest Africa Elon Musk makes Aliko Dangote’s net-worth in one day, as Nigerian billionaire loses N105.33bn Akudo AbengoweJun 22, 2022Jun 22, 2022 Surge in demand for Tesla shares on Tuesday made the Chief Executive Officer of the company, Elon Musk, richer, while... Read More
MarketWest Africa World Bank condemns CBN policies, says they place Nigeria on fiscal time bomb Akudo AbengoweJun 20, 2022Jun 20, 2022 The World Bank has declared that the Central Bank of Nigeria (CBN) policies are undermining the business environment within the... Read More
Eastern AfricaMarketNorth AfricaSouthern AfricaWest Africa RUSSIA-UKRAINE WAR: THE IMPLICATIONS FOR AFRICA Nelson NwanduJun 20, 2022Jun 20, 2022 Wheat and oil, are among the commodities that fuel the economies of many African countries. Wheat is the chief commodity... Read More
EntrepreneursMarketWest Africa Top14 most lucrative businesses in Nigeria (2022) with High Capital Akudo AbengoweJun 18, 2022Jun 18, 2022 There are so many good sides to starting a business in Nigeria. First, you put your destiny in your own... Read More
MarketWest Africa Nigeria’s inability to refine its own crude oil is having a serious impact amid soaring global fuel prices Akudo AbengoweJun 17, 2022Jun 17, 2022 Whenever a list of the world’s top 20 largest oil producers is compiled, at least four African countries are mentioned... Read More
Market Could Lifting Sanctions On Venezuela Help Ease Russia Crude Akudo AbengoweJun 6, 2022Jun 6, 2022 oaring energy prices, triggered by Russia’s invasion of Ukraine and diminished global production, have brought the focus back onto Venezuela, an OPEC... Read More
MarketWest Africa Nigeria’s trade gap with China widens to over N1tn Akudo AbengoweJun 6, 2022Jun 6, 2022 China has topped the list of top exporting nations to Nigeria but does not appear on the list of top... Read More