Business
Air Peace CEO Allen Onyema Faces New US Charges in $20 Million Fraud Case
The U.S. Department of Justice (DOJ) has brought a new charge of obstruction of justice against Allen Onyema, founder and CEO of Nigeria’s...
Protea Hotels by Marriott Expands Footprint in Africa with New Hotels in Nigeria and Zambia
Protea Hotels by Marriott has expanded its presence in Africa with the opening of two new properties—Protea by Marriott Delta in Nigeria and...
African Leaders Call for Strategic Partnerships to Boost Digital Economy at Moonshot by TechCabal Conference
African leaders from across the continent called for enhanced partnerships with the private sector to strengthen Africa’s role in the global digital economy....
Unlocking Africa’s E-Commerce Growth Potential
To propel Africa’s e-commerce sector into its next growth phase, several key challenges must be tackled, including fragmented payment systems, a lack of...
Top Foreign Investors in Nigeria in Q2 2024
Nigeria’s capital importation figures for the second quarter of 2024 reveal a dynamic and evolving landscape for foreign investments. According to the National...
Nigeria Sanctions Starlink Over Unapproved Price Hikes
Nigeria’s telecommunications regulator has initiated a process to sanction Starlink, the satellite internet service owned by Elon Musk’s SpaceX, following a sudden and...
Naira Weakens Further as Fuel Price Hike Exerts Pressure on Foreign Exchange Market
The Nigerian naira continues to face mounting pressure, plummeting further against the U.S. dollar in the foreign exchange market following another significant increase...
Nigeria’s Capital Importation Drops in Q2 2024
Nigeria witnessed a 22.85% decline in capital importation during the second quarter (Q2) of 2024, as inflows dropped from $3.37 billion in the...
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Egypt Train Derailment Leaves 3 Dead and Over 100 Injured as Investigations Begin
A tragic train derailment in Egypt has claimed the lives of three people and left at least 103 others injured, according to the...
South African Icon Nandi Nyembe Dies at 75: Beloved Actress’s Death Sparks Anger Over Lack of Support for Struggling Artists
South Africa is mourning the loss of legendary actress Nandi Nyembe, who passed away at the age of 75 after a long illness....
