Business
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RGS abandons Tongaat bid, claims business rescue is rigged
In another dramatic turn of events, RGS Holdings has withdrawn its business rescue plan for Tongaat Hulett Limited (THL) ahead…
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Naira gains at official market as CBN moves to clear airlines’ forex backlog
Monday’s rate represents a 1.5 per cent appreciation from the N869.39/$1 rate the naira closed on Friday last week. Naira…
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How the Ghana Cedi performed against the US Dollar in 2023
Ghana’s economic landscape has been under the spotlight in 2023, with the exchange rate between the Ghanaian Cedi and the…
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The Russia/Ukraine War may cause more food shortages across Africa
Russia’s withdrawal from the Black Sea Grain Initiative triggers a surge in global food prices, impacting nations worldwide, particularly those…
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‘Draconian’ bill will kill legal tobacco industry
Up in smoke: The open display of tobacco and e-cigarettes, as well as the sale of ‘loosies’, will not be…
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Tinubu flags off independent power plant project in Abuja
President Bola Tinubu on Friday performed the groundbreaking ceremony of the first phase of the Nigerian National Petroleum Company Limited…
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Investing $100 billion annually: Africa’s ambitious path to clean energy by 2040
With a goal to achieve 100% renewable energy by 2030, Kenya stands as a shining example in Africa’s quest for…
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FAAN suspends car hire services at Abuja airport
The Federal Airport Authority of Nigeria ( FAAN) on Thursday announced that it has suspended “car hire services” at the…
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F-1 visa denials for African scholars studying in the U.S. have skyrocketed according to new report.
F-1 visa denials for African scholars studying in the U.S. have surged by 68% from 2015 to 2022. Despite improvements…
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Electricity production falls 3.7% in June, says Stats SA
Electricity consumption dropped by 3.2% year-on-year in June, because of plant breakdowns and unscheduled maintenance (Supplied) Electricity consumption dropped by…
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