In the future, the skies could be as crowded as the high street with Hyundai Motor is betting on flying cars to be introduced by 2028. South Korea’s biggest automaker

Following the recent increase in petrol prices across the country, Nigeria’s Vice President Yemi Osinbajo revealed on Monday how the government is finding ingenious ways to alleviate the economic hardship

Japanese designer Kenzo Takada, famous for creating the international luxury fashion house Kenzo, died on Sunday after contracting Covid-19. His family said in a statement that Takada died from complications from

Greenwich Merchant Bank Limited has started operations even as it announced plan to position itself as the go-to institution for providing financial services to both local and international clienteles. The

Stock markets rose on Monday on hopes that President Donald Trump could be discharged from hospital later in the day, easing some of the political uncertainty that shook global bourses

Singapore’s Changi Airport has warned of a “daunting period” ahead as the impact from the Covid-19 pandemic shows no signs of abating. The Asian transit hub is regularly voted world’s

Pending the return of a bullish run in the capital market, Nigeria’s Bureau of Public Enterprises (BPE) is set to list no fewer than four privatised firms on the market.

The founder and president of Fintech Nigeria Dr Segun Aina, says the covid-19 pandemic has stressed the importance of financial technology in Nigeria and around the world. He told Arise

Oil giant, Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL together with its affiliates, confirmed on Friday that it is

Fitch, a global credit rating agency, has upgraded the outlook on Nigeria’s long-term foreign-currency issuer default rating (IDR) to ‘stable’ from negative and affirmed the IDR at ‘B’. The outlook

The African Development Bank has been selected in a poll of bond market players as the best issuer in 2020 of a COVID-19 bond for its $3 billion dollar-denominated Fight

The OPEC+ group raised their total seaborne exports in September to 22.84 million barrels per day (bpd) from 22.11 million bpd in August, but the alliance stayed within its agreed

Founder and Chief Executive Officer of the Dangote group, Aliko Dangote has said Nigeria will by 2021 become the largest exporter of cement in Africa, a feat he said was

Nigeria’s Central Bank Governor Godwin Emefiele says the financial regulator is working hard to return Nigeria to the path of a sustainable and diversified economy which the county started with

Executives of some of the largest commercial banks in African have expressed their thoughts on the Nigerian project and the country’s economy during a virtual event organized by the THISDAY

South Africa has lifted the ban imposed on air travel from African countries. President of South Africa, Cyril Ramaphosa said the ban was lifted to facilitate free movement of people,

Kenya’s Central Bank has decided to leave the country’s headline interest rate unchanged at 7%. The monetary policy body says its current accommodative policies are good enough. Like other central

The African Export-Import Bank (Afreximbank) on Tuesday announced a $100 million financing to enable its member states procure COVID-19 related medical resources through the Africa Medical Supplies Platform (AMSP). The

Lillian Jijingi   Figures just released by Statistics South Africa shows the jobless rate in Africa’s most industrialized nation fell to 23.3% from 30.1% in the second quarter of this

The World Business Angels Investment Forum Monday announced the African Development Bank (www.AfDB.org) as its newest board member. In this capacity, the bank will represent Africa’s early-stage equity markets, entrepreneurship