AFRICA NEWS

Tanzania’s richest man Mohammed Dewji has secured land in Rwanda as part of his decision to pour millions of dollars into the country through his Dar es Salaam-based conglomerate, MeTL …

Nigerian energy mogul Ernest Azudialu-Obiejesi is poised to solidify his status as a prominent player in the international business arena with the imminent acquisition of a $76-million Gulfstream G-700 jet …

BUA Cement Plc, Nigeria’s second largest cement producer, intends to decrease cement prices in Nigeria from N5,500 to N3,500. Abdul Samad Rabiu, the company’s chairman, shared this decision with reporters …

Abuja, Nigeria’s infamous capital city, reeks of money; politicians’ and civil servants’ monies. Nigeria’s legislators are the highest paid in the world and the country’s leading politicians and top government …

Oil prices saw a significant surge on Monday morning ahead of the Bank of England (BoE) meeting this week, where it was suggested that this rate hike might be the …

Gas retailers are sounding the alarm, warning that the price of a 12.5kg cooking gas cylinder could surge to N18,000 by December if the Federal Government does not intervene to …

Some capital market stakeholders have stated that Foreign Portfolio Investments in Nigeria’s equity market will further reduce following the downgrade of the country by rating agency, FTSE. FTSE in its …

The immediate Minister of State for Budget and National Planning, Prince Clem Agba, has said that ‘Nigeria agenda 2050- a perspective plan’ has identified the country’s target in 30 years’ …

The Debt Management Office has said Nigeria’s total public debt hit N87.38tn at the end of the second quarter of 2023. The figure represents an increase of 75.29 per cent …

Indian billionaire Anil Agarwal has promised to pay $250 million, which Vedanta Resources, the mining company he controls, owes to suppliers as soon as he regains control of copper mines that …