The United States says it will invest an additional $55 million in Nigeria’s agricultural sector to support food security. The US embassy and consulate in Nigeria disclosed this in a …
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Shakira accused of tax evasion, prosecutors call for 8 years in prison if convicted
Spanish prosecutors have called for more than eight years in prison and a fine of about $24 million for Shakira over alleged tax fraud, as the authorities push ahead with …
- AfricaNewsNigeriaTransportation & LogisiticsWestern Africa
Emirates set to reduce operations in Nigeria over $85m blocked fund
Emirates Airlines has said it will reduce its flight operations to Nigeria due to its inability to repatriate about $85 million in revenue. The airline made this known in a …
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Flutterwave: We submitted application for a licence in Kenya since 2019
Our attention has been drawn to reports with regards to our operating licence in Kenya. Like many other financial technology service providers in Kenya, our entry into the market was …
- AfricaChipperEastern AfricaFinance & ServicesKenyaNewsSpotlightTechnology
Central Bank of Kenya orders Banks to close Flutterwave and Chipper Cash accounts
The Central Bank of Kenya (CBK) has directed banks and microfinance institutions to seize dealing with payments technology firms Flutterwave and Chipper Cash. In a letter to chief executives, the …
- BusinessGlobal NewsInformation TechnologyNewsSouthern AfricaSpotlightTechnology
Twitter Announces price hike for Twitter Blue Subscription
Twitter has announced that it will increase the price of its subscription service, Twitter Blue, from $2.99 to $4.99 per month. Starting in October. This development was disclosed to subscribers …
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DR Congo puts up oil and gas fields for sale, invites Investors
The President of the Democratic Republic of Congo, Félix Tshilombo, has invited international investors to tender bids for the country’s oil and gas blocs as the government moves to diversify …
Shelter Afrique, a Pan African housing development financier has posted an operating profit of $1.04 million up from an operating loss of $ 0.58 million the Company recorded in 2020, …
- AfricaBusinessNewsNigeriaWestern Africa
Lekki Deep Seaport gets approval to begin commercial Operation
President Muhammadu Buhari has approved the designation of Lekki Deep Seaport, Nigeria’s deepest Seaport as a Customs Port and Approved Wharf. The Nigerian Port Authority (NPA) disclosed this in a statement posted …
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Peter obi condemns foreign training as university strike lingers
Peter Obi, the presidential candidate of the Labour Party, has criticised the Federal Government of Nigeria over sending public officeholders on training abroad which he has described as misplaced priorities …