The scarcity of foreign exchange for importation of raw materials by local industries is adversely affecting the sector as over 50,000 workers have lost their jobs...
The difficulties in getting foreign exchange and the steep fall in the value of the naira are seriously affecting the manufacturing sector, with prices of locally...
Egypt is hosting an international forum on 20-21 February in the Red Sea resort town of Sharm El-Sheikh, which aims to boost private sector involvement and...
The current monetary policies, especially on Forex in Nigeria are beginning to take a toll on foreign investment, including businesses being operated by other African nationals...
Telecommunications giant, MTN Nigeria Communications Limited, has finally succumbed to the pressure from the Consumer Protection Council (CPC) to pay the sum of N1.85 million to...
India said it may seize Vodafone Group Plc’s assets in the country if the company doesn’t pay a disputed 142-billion-rupee ($2.1 billion) tax bill that’s still...
Alibaba Group Holding Ltd. bought 33 million shares of Groupon Inc., making it the fourth-largest shareholder in the online deals website that has lost 86 percent...
Following the controversy over the alleged padding and errors in the 2016 Budget, some corporate economics have raised concern on the implication for national economy recovery...
The Nigerian currency, naira, hit a record low on Thursday at the parallel market as demand for the US dollar surges. The local currency was exchanged...
Guinness Nigeria Plc, a subsidiary of Diageo, has disclosed that in support of the Federal Government’s policy on diversification and local content, it is targeting an...
