Shell Grows Profit to $6bn in Q1 2019 Royal Dutch Shell Plc announced a positive first quarter for 2019, the oil giant generated a profit of...
Playfre, Africa’s Spotify Launches Chika Nwaogu, a Nigerian computer programmer and founder of LAGbook, has created the very first indigenous music streaming platform with over 45...
Oil Prices Fall Despite Saudi Assurance Global oil prices fell on Thursday despite Saudi Arabia assurance on production cuts and a report that OPEC production slips...
Jumia Jumps 9.3% on Wednesday Jumia (NYSE: JMIA) rose by $3.99 or 9.28 percent on Wednesday to $46.99 per share. The largest e-commerce company in Africa...
MTN to Sell Jumia Stake After Lock-in Period MTN Group Ltd is expected to sell at least half of its $655 million investment in Jumia Technologies...
Firm Eyes $1m Savings From Fuel Theft A firm, Fluid Management Technology, says it is eyeing saving $1million (N360 million) yearly in fuel theft from a...
Power Sector Remains Challenged, Says Osinbajo Vice President Yemi Osinbajo Wednesday in Abuja said despite years of its privatisation, the power sector has remained handicapped in...
Report: Nigeria’s Rising Population a Ticking Time Bomb The failure by policymakers in Nigeria to match the rising rate of reproduction with a corresponding level of...
Banks Paid N8.51bn as IT Levy in 2018 Eleven Nigerian banks paid about N8.51bn Information Technology-related levies to the government in 2018, the audited financial reports...
Nigeria, Others Raise Over $17bn from Bonds, Says World Bank Nigeria, Kenya, Côte d’Ivoire and other sub-Saharan African countries raised over $17bn from bond issuances in...