A heavy downpour accompanied by ice pellets in Kafur Local Government Area in Katsina State has destroyed more than 300 farms in eight communities in the area. The Chairman of …
The South African government has increased the wind energy allocation for Renewable Energy Independent Power Producer Procurement Programme bid window six to 3.2GW due to the urgent need for increased capacity …
The South African government has announced new anti-dumping duties of 38.8% on imported tyres from China. Currently, the duties on eight sizes of tyres, for cars as well as large …
The African Development Bank(AFDB) has named five women including South Africa’s Nomfundo Xenia Ngwenya as executive directors for a three-year term. In total, 12 executive directors were appointed, according to …
Massmart, subject to a full buyout offer from parent Walmart Inc, has begun shutting unprofitable and unviable Game stores across South Africa. In December 2021, it announced that it had …
Dr. Kunle Adeyemi, The CEO of Nigeria’s foremost real estate company, Sterling Homes has been honoured with an award of excellence by the National Association of Yoruba descendants in North …
The Lagos Free Zone (LFZ) N25 billion series 2 bonds, which is Nigeria’s first 20-year corporate infrastructure bond, have been launched on the Nigerian Exchange Limited (NGX) market. LFZ is the infrastructure development …
The rand strengthened in early trade on Monday, as the dollar weakened ahead of key US inflation data this week that might give the Federal Reserve room to slow the …
Nigeria lost its crown as Africa’s largest crude producer as Angola surpassed the country for the first time in more than five years. Angola’s average daily output in August of …
A dam at South Africa’s abandoned Jagersfontein diamond mine collapsed early Sunday, triggering heavy flooding that damaged property and killed at least three people. About nine houses were swept away …
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