Latest Business News

Kenya’s inflation hits record-high of 8.3 percent

What you need to know: Inflation hit a 61-month high despite state

Telecom subscribers in Nigeria to pay 5% tax on call, text, data

The Federal Government has disclosed that telecommunications subscribers would pay five per

Nigeria: Under-utilisation costs local airlines N4.3b loss per aircraft yearly

Gross under-utilisation of commercial airplanes was, yesterday, estimated to cost local carriers

We are working to avert Naira’s further fall against dollar, CBN assures Nigerians

The Central Bank of Nigeria (CBN) has advised Nigerians to resist the

DR. Congo auctions 30 oil blocks amid environmentalists warning

Licensing rights for 30 oil and gas blocks in the Democratic Republic

Ethiopian Airlines orders for Africa’s first Airbus A350-1000

Africa’s most profitable airline has swapped four of its remaining six A350-900

Cote d’Ivoire discovers new oil, gas

Cote d’Ivoire reported a fresh discovery of offshore oil and natural gas

Algeria, Nigeria and Niger agree gas pipeline deal

Algeria, Nigeria, and Niger have signed a memorandum of understanding to build

Nigeria’s Naira falls 34% to N710, Senate summons Emefiele

Nigeria's Naira has weakened by 34 per cent in 10 months, closing

Tanzania, Zambia Sh1.4 trillion power line to start in 2023

The Sh1.4 trillion project, which involves construction of a 400 kilowatt line