Business

Jan 23, 2020
Angola's billionaire former first daughter Isabel dos Santos has been charged with money laundering and mismanagement during her stewardship of state-owned oil firm Sonangol. Documents leaked this week alleged the…
Jan 22, 2020
Nestlé Nigeria Plc on Wednesday relaunched its Golden Morn brand, a product created and produced in Nigeria by Nigerians with 100 per cent locally-sourced agricultural and packaging materials. Speaking during…
Jan 22, 2020
President Uhuru Kenyatta has secured major investment deals worth over $168 million in the ongoing UK-Africa Investment Summit in London. The deals include job and investment opportunities in various sectors,…
Jan 21, 2020
Libyan state oil firm NOC has declared force majeure on oil exports from the eastern ports of Brega, Ras Lanuf, Hariga, Zueitina and Es Sider, a statement said on Monday.…
Jan 21, 2020
The Secretary to Government of the Federation, SGF), Mr Boss Mustapha, has revealed that Nigeria targets to secure a position among the first 70 by 2023 in World Bank Ease…
Jan 20, 2020
A Petroleum distribution company Asharami Synergy Plc has filed a winding up petition before Justice Chukwujekwu Aneke of the Federal High Court in Lagos Nigeria against Med-View Airline Plc, over…
Jan 20, 2020
The launch of the Africa Scotland Business Network in November 2019 highlighted one thing – there’s a great deal of positivity about South Africa’s business prospects. The Scots certainly think…
Jan 18, 2020
The Nigerian Stock Exchange (NSE) posted its first two losses for 2020 this week as profit-taking dragged performance down on Tuesday and Wednesday. It rallied on Thursday thanks to investors’ swelling interest…
Jan 17, 2020
Google has recorded a milestone achievement of $1 trillion, joining the likes of Apple, Microsoft, and Amazon. The search engine company was able to achieve the feat on Thursday, after its parent…
The Federal Government’s (FG) hope of achieving a seamless implementation of its 2020 budget suffered a set back Wednesday following the release of the Organisation of Petroleum Exporting Company’s (OPEC)…
Jan 15, 2020
China trade with BRI nations grew by 10% in 2019 China’s trade with countries participating in the Belt and Road Initiative (BRI) posted robust growth in 2019, revealing the resilience…
Jan 14, 2020
I am not setting targets this year like I used to. It doesn’t work for me like I want it to. Either I achieve them too early and then I…
Dangote Group is said to be targeting a turnover of $30 billion for its businesses in the next two years. Speaking with the media, weekend, Aliko Dangote, owner of the…
Jan 14, 2020
A Nigerian oil company Lekoil may have been swindled after handing over $600,000 to a consultancy which had promised to help arrange a loan from the Qatari Investment Authority. It…
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