Business & Economy

Airtel Africa and MTN Group have reached an agreement to share mobile phone network infrastructure in Nigeria and Uganda. Both companies issued statements on Wednesday, saying that the agreement is...

The Manufacturers Association of Nigeria (MAN) has expressed optimism that the production of polypropylene by the Dangote Petroleum Refinery & Petrochemicals will catalyze the revival of Nigeria’s struggling textile industry...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed optimism that Nigeria is making progress in stabilising the foreign exchange (FX) market and curbing inflation, as recent policy...

Six vessels carrying about 1.7 million barrels of jet fuel from the Dangote refinery have arrived at U.S. ports this month, according to data from ship-tracking service Kpler. An additional shipment, Hafnia...

Tesla's sales in Europe saw a sharp decline of 49 percent in January and February compared to the same period last year, according to the ACEA Manufacturers’ Association. Aging models...

Samsung Electronics co-CEO Han Jong-hee, who played a key role in establishing the company’s leadership in the global television market, died of a heart attack Tuesday, aged 63, the company...

The Federal Government of Nigeria seeks to learn from Egypt’s expertise in power generation and transmission, describing the North African country as a role model in the energy sector. The...

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has emphasized that the proposed tax reform bill will be crucial in eliminating regulatory hurdles and fostering the expansion of...

UK Finance Minister Rachel Reeves announced plans to cut government operational costs by 15 percent within four years as she grapples with strained public finances. Her comments came ahead of...

Nigeria remains open to cryptocurrency companies despite its ongoing $80 billion lawsuit against Binance, according to Information Minister Mohammed Idris. The government sued Binance in February over alleged economic losses...