Category: News

Ghana unveils first commercial Gold refinery in Accra

Ghana, the continent’s top producer of gold, opened its first commercial refinery in Accra on...

Jumia reports 8% decline in operating loss

E-commerce platform, Jumia Technologies AG, has announced a decline in its operating loss by eight...

MAN urge CBN to resolve $2.4bn forex contracts

Manufacturers Association of Nigeria has urged the Central Bank of Nigeria to resolve the $2.4bn...

Arik reaches agreement with creditors as operation resumes 

The Nigeria Civil Aviation Authority declared on Thursday that Arik Air and its creditor had...

NECA unveil ICT training for youths 

The Director General of the Nigeria Employers’ Consultative Association, Mr. Adewale-Smatt Oyerinde has stated that...

NUPRC to review domestic crude supply regulations

The Nigerian Upstream Petroleum Regulatory Commission is ready to review the Domestic Crude Supply Obligations...

Techstars layoff staff, closes AdvancingCities program

Techstars will lay off 17% of its workforce and shut down its $80 million AdvancingCities...

UK regulator probe Amazon’s $4bn investment in AI Startup Anthropic

The UK’s Competition and Markets Authority has initiated a formal antitrust investigation into Amazon’s recent...

Nigeria net FX flow surges to $25.4bn in six months 

The Central Bank of Nigeria has stated that net foreign exchange flows increased to $25.4...

FG withdraws N40,000 subsidized 50kg rice initiative 

The federal government has put an end to its proposal to sell subsidized 50-kilogram (kg)...

FG-sponsored payment programs crucial to 95% financial inclusion – Expert

The Group CEO of Network International, Nandan Mer, has stated that the current initiative to...

Airtel to buy 406,000 more shares from Citigroup Global Markets

Airtel Africa stated on August 7, 2024, that it will be acquiring further shares from...