Ghana hikes cocoa farmgate price
Ghana has raised the farmgate price for cocoa farmers to 49,600 Ghanaian cedi ($3,062) per metric ton, up from the initial 48,000…
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Tax reform bills right move, says Oyedele
The new tax reform bills currently under consideration in Nigeria’s National Assembly propose to stop revenue collection by federal agencies, including the…
Oil imports fall by 35% in Q2 – CBN
Nigeria’s oil imports saw a significant decline of 35% in the second quarter of 2024, totaling $2.79 billion, down from $4.31 billion…
Global stocks surge to best week since August
Global stock markets are on track for their best week since August, with investor sentiment buoyed by U.S. President Donald Trump’s decisive…
Data depletion, billing issues top consumer complaints – NCC
The Nigerian Communications Commission has identified data depletion and billing issues as the leading complaints among telecom consumers in Nigeria, attributing these…
ChitChat unveils remittance service in 13 countries
ChitChat, a leading African social commerce platform, has unveiled a new remittance feature designed to enable seamless cross-border money transfers across 13…
Jumia records $20m operating loss in 2024 Q3
Jumia Technologies, Africa’s leading e-commerce platform, reported a challenging third quarter for the period ending September 30, 2024, with an operating loss…
Customs seize 16 containers of illicit drugs
The Nigeria Customs Service, Tincan Island Command, has announced it intercepted 16 containers containing illicit substances, unregistered pharmaceutical products, and other prohibited…
Why national grid collapsed again- TCN
The Transmission Company of Nigeria has attributed Thursday’s nationwide power grid collapse to ongoing repair works in the sector. In a statement,…
Discos, Gencos, others get approval to supply Ekiti with off-grid electricity
Ekiti State Government has granted licenses to three electricity distribution companies, four generation companies, and two mini-grid generation companies as part of…
Crude prices drop as dollar strengthens
Oil prices extended their decline on Thursday, driven by a stronger dollar and reduced crude imports in China, which outweighed potential supply…
Again, national grid collapses
The national grid on Thursday collapsed, making it the second time in space of two days. The national grid collapsed on Tuesday,…