Meta Platforms Inc., the parent company of Facebook and Instagram, is facing a new legal challenge in Norway over its plans to utilize user images and...
Ethiopia has decided to halt the sale of its state-owned telecommunications operator, Ethio Telecom, to foreign investors. Instead, the government will prioritize domestic retail investors before...
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of June 12th, 2024 stood at...
Nigeria is on the brink of losing a $27.29 billion investment earmarked for the development of the Escravos Seaport Industrial Complex (ESIC) in Delta State. The...
Nigeria’s food import bill has surged to a five-year high in the first quarter of 2024, despite the federal government declaring a state of emergency on...
The Nigerian equity market experienced a significant downturn on Tuesday, losing N92.32 billion in market value. This decline was largely driven by drops in the share...
Ethiopia has announced a 21% increase in its 2025 budget, marking the first budget since defaulting on a Eurobond payment and committing to economic reform discussions...
Shares of African e-commerce giant Jumia (JMIA) surged to $8.67 on Monday, a significant milestone in the company’s remarkable recovery this year. This price represents the...
Tolaram Group has acquired a 58.02% stake in Guinness Nigeria from Diageo Plc. for ₦81.60 per share, representing approximately a 60% premium over Guinness Nigeria’s closing...
Spotify Technology SA is set to introduce a new, higher-priced premium plan later this year for its most dedicated users. Dubbed the Premium Plus Plan, this...