Economy

After a train carrying export coal to Richards Bay was derailed near Ulundi on Tuesday, Transnet said it would meet with traditional leaders in the area as it is extremely …

 Retail chain Carrefour will open its first Central Business District Branch (CBD) branch in Nairobi, seeking to compete with already established brands such as Naivas and Quickmart. The Majid Al …

The Moroccan Association of Fruit and Vegetable Exporting Producers (APEFEL) has announced its plans to double tomato exports amid the ongoing water scarcity crisis. The source added that the tomato exports …

Bank Zero has launched cash deposits at Shoprite and Pick n Pay — a feature it prioritized due to customer demand. “Customers can deposit at any PnP or Shoprite till-point,” …

Stock market investors on the floor of the Nigerian Exchange Limited lost N3.28tn of their investment between August 1 and October 31, 2022. The trading activities, which began with a …

The Federal Government has said Nigeria will require $1.9trn or N834trn to attain net zero by 2060 as part of its support to the global fight against climate change and …

OCP Africa has increased Nigeria’s fertilizer production and output with the establishment of a 120 metric tones per hour fertilizer blending plant in Kaduna State. It said the facility had …

Sterling Bank Nigeria Plc said it recorded 41.52 per cent growth in its profit after tax in nine months of 2022, in spite of economic challenges. The Group’s unaudited financial …

Emirates Airlines says it has suspended flights to Nigeria. It said the measure started on October 29 and blamed its inability to repatriate its revenue from the country. The airline …

Morocco’s Mohammed VI Polytechnic University (UM6P) has partnered with energy-focused Chariot and manufacturer of green hydrogen systems Oort Energy to launch green hydrogen pilot projects in Morocco. The projects are …