The Federal Executive Council (FEC) has approved that Nigeria Air should lease three Airbus and Boeing aircraft to start operations. The Minister of Aviation, Senator Hadi Sirika, announced this Wednesday, July …
The Africa Finance Corporation (AFC) says it is in talks with the Angolan government to provide a $1 billion funding commitment to support the country’s rail, power and natural resources …
Airtel Africa plc, a multinational company that provides telecommunications and mobile money services in 14 countries in Africa reported its earnings for the quarter ended 30 June 2022. Revenue for …
Acorn Investment Management on Thursday announced half-year 2022 results of the Acorn Student Accommodation Development REIT (ASA D-REIT) and the Acorn Student Accommodation Income REIT (ASA I-REIT). The listed REITs together …
East African Breweries PLC (EABL) has reported Sh15.6billion in net profit for the full year ended 30 June 2022, a 124 per cent growth compared to Sh6.9billion posted in the …
Airlines operating in Nigeria have resorted to cutting flight schedules on major routes in the country as a result of the shortage and lingering scarcity of jet gas being experienced …
Samsung Electronics Co.’s quarterly profit missed estimates after cooling demand for consumer gadgets hit its chip division, spurring concerns about the outlook for Big Tech in 2022. The world’s largest …
Apple Inc. has enlisted one of Lamborghini’s top car-development managers in a sign that it’s stepping up work on a self-driving electric vehicle, according to people with knowledge of the …
The mega jackpots paid to punters in Kenya have been flagged as possible avenues for laundering proceeds of theft, drug dealings and terrorism as the State heightens focus on the …
Meta Platforms CEO Mark Zuckerberg plans to more than double the amount of recommended content pushed to Facebook and Instagram users by the end of 2023. According to Zuckerberg, recommended …