The Lagos Free Zone has signed a gas contract worth over N10bn with Falcon Corporation, ND Western, and FHN consortium. The gas infrastructure development agreement was signed in Lagos on Monday. T… [+2459 chars]
Topship, a Lagos-based logistics startup helping African businesses to export and import goods worldwide, has closed a $2.5 million seed round to improve their technology and fuel growth. The round … [+2246 chars]
Nigerian stocks contracted by 0.29 per cent or N83.2 billion on Monday, its first drop since Tuesday, as investors reacted to the cost of living report for April. The countrys inflation for last mon… [+2708 chars]
Safaricom, the largest telecommunications provider in Kenya, is set to launch commercial operations in Ethiopia later this year. This announcement was made by Safaricom CEO Peter Ndegwa while sharing… [+2148 chars]
Inflation in Africas most populous country soared to 16.8 percent in April, driven by fuel price increases and accelerating costs for food, including bread and cereals, newly released data from Niger… [+3487 chars]
FX Week Ahead Overview: <ul><li>There are several ‘high’ rated US economic data releases in the coming days, but none are more important than the April US retail sales report and a speech by Fed Cha… [+3828 chars]
MiniDespite a 14 percent drop in the country's stock market from a record high achieved last year, futures bets show that India's ordinary investors remain confident about stocks.
The Luna Foundation Guard (LFG), official stewards of Terras bitcoin reserves, released a statement on Monday documenting how it disbursed millions of dollars worth of crypto in its failed attempt to… [+2062 chars]
With the falling cost of wind turbines and calls for climate change and emission control, countries have begun to look in the direction of wind as an alternative energy source. Scientists have report… [+3396 chars]
Cryptocurrency prices are moving in lockstep with stocks and bonds like never before, punishing those who bought bitcoin and other digital assets in part to diversify their investment holdings. The … [+469 chars]
The Association of Bureaux De Change Operators of Nigeria (ABCON) has asked the Central Bank of Nigeria (CBN) to establish BDCs autonomous foreign exchange trading window (BAFEX) with a determined ma… [+2597 chars]
Aero Contractors, Nigerias oldest airline, says it has no plan to liquidate. The airline said this in a statement on Monday. Two labour unions in the aviation sector had earlier accused the airline… [+3284 chars]
