Khartoum, Sudan – Just months after making headway into the Iranian market, Sudanese tea exporters are now grappling with fears of losing this promising trade route due to mounting regional …
Business and Economy
-
AgricultureBusiness and EconomyEastern AfricaEconomyManufacturing & Consumer GoodsTrade and Commerce
-
AfricaAFRICA NEWSBusinessBusiness and EconomyCryptocurrencyEconomyFinance & ServicesFintechNigeria
Africa Records 100 Million Crypto Users, Nigeria Tops Chart
Africa’s digital revolution is accelerating as cryptocurrency adoption surges across the continent, with a recent report revealing that over 100 million Africans are now using crypto assets—and Nigeria leads the …
-
Banking, Finance & InvestmentBusinessBusiness and EconomyEconomyFinance & ServicesManufacturingNigeriaWestern Africa
CBN Reports Sustained Growth in Nigeria’s Economic Activities
The Central Bank of Nigeria (CBN) has reported that Nigeria’s economic activities continued their upward trajectory for the second consecutive month, signalling gradual recovery and renewed optimism among businesses. In …
-
AfricaAFRICA NEWSAviationBusinessBusiness and EconomyFinance & ServicesNigeriaWestern Africa
AMCON Moves to Recover Alleged N455bn Debt from Arik Air
The Asset Management Corporation of Nigeria (AMCON) has renewed its battle to recover a staggering N455 billion debt allegedly owed by Arik Air, one of Nigeria’s formerly leading domestic carriers. …
-
AfricaAFRICA NEWSBusiness and EconomyEconomyGhanaGOVERNMENTWestern Africa
Top 5 Profit-Making State-Owned Enterprises in Ghana Revealed
Amid rising concerns about the profitability of state-owned enterprises (SOEs) across Africa, Ghana has spotlighted its top-performing government-backed businesses – and the numbers are eye-catching. According to fresh data, the …
-
Banking, Finance & InvestmentBusinessBusiness and EconomyEconomyFinance & Services
Nigerians Cry Out for Cheaper Loans as 65.5% Demand Lower Interest Rates – CBN
A new report from the Central Bank of Nigeria (CBN) has revealed that a majority of Nigerians are groaning under the burden of high borrowing costs, with a whopping 65.5% …
-
AfricaAFRICA NEWSBusinessBusiness and EconomyEconomyFinance & ServicesMarketsNigeriaWestern Africa
Naira Strengthens, Now Trades at ₦1,530.52/$ at Official Window
In a surprising twist in the foreign exchange market, the Nigerian naira on Tuesday recorded a modest appreciation against the United States dollar, exchanging at ₦1,530.52/$ at the official window. …
-
BusinessBusiness and EconomyEconomyEntertainmentNigeriaTechnologyTrending TodayWestern Africa
Online Casino Sector Eyes Africa as Emerging Market Hotspot
Global operators in the online casino industry are beginning to shift their gaze toward emerging markets — and Africa, especially Nigeria, is fast gaining traction as a promising frontier. Experts …
-
AFRICA NEWSBusinessBusiness and EconomyEconomyEnergyNigeriaOil & GasUncategorizedWestern Africa
Sale of SPDC, ExxonMobil Assets to Deepen Local Content – Experts
Industry experts have described the ongoing sale of Shell Petroleum Development Company (SPDC) and ExxonMobil assets as a golden opportunity to deepen local content in Nigeria’s oil and gas sector. …
-
AfricaAFRICA NEWSAviationBusinessBusiness and EconomyEconomyNigeriaTravel & TourismWestern Africa
Air Peace Shakes Tables, Cuts London Flight Fare by ₦600,000
Nigeria’s leading carrier, Air Peace, has caused a stir in the aviation space after slashing its Lagos-London airfare by a jaw-dropping ₦600,000 — a move that has sent shockwaves through …