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Business

Feb 23, 2019
Botswana and Zambia have signed the agreement of the African Continental Free Trade Area (AfCFTA) meant to create one African market. The country signed the agreement at the just-ended Africa…
Feb 23, 2019
The Federal Government of Nigeria, in its continued clampdown on tax defaulters to shore up its revenue, has demanded a number of foreign oil companies operating in the country to…
Feb 22, 2019
President Nana Addo Dankwa Akufo-Addo on Thursday announced a stimulus package to revamp Ghana’s struggling textile industry. “Our local textile industry has been struggling for years, and many textile companies…
The South African government is forecast to be hit by a tax revenue shortfall of almost R43 billion for the tax year ending next month, Finance Minister Tito Mboweni indicated…
Feb 22, 2019
Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC…
Feb 22, 2019
Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC…
Feb 22, 2019
Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC…
Feb 21, 2019
The Nigerian’s capital market witnessed a rebound on Tuesday with investors gaining N80 billion at the end of trading activities on the floor of the Nigerian Stock Exchange (NSE).  …
Feb 20, 2019
Microsoft Corp on Wednesday said it had discovered hacking targeting democratic institutions, think tanks and non-profit organisations in Europe.   It, consequently, said it plans to offer a cyber security…
Feb 19, 2019
Nigeria’s foreign reserve has declined to $42.86 billion, the lowest in two months, data obtained from the Central Bank of Nigeria, CBN, showed on Sunday.   The nation’s reserve stood…
Feb 18, 2019
Indian Oil Corp, the country’s top refiner, has signed its first annual deal to buy U.S. oil, paying about 1.5 billion dollars for 60,000 barrels a day in the year…
Feb 18, 2019
Zimbabwe's government has shelved plans to fully join the Africa Continental Free Trade Area (ACFTA) so that it could find space to stabilise local industry which is struggling to produce…
Feb 17, 2019
South Africa Mining Minister Gwede Mantashe last week reiterated his intentions to push ahead with efforts to determine whether there would be mining at Xolobeni in the Wild Coast region…
Nigeria’s inflation dropped by 0.07 percent in January 2019, the National Bureau of Statistics reports.   According to the NBS, the consumer price index, (CPI) which measured inflation increased by…
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