Secretary to the Government of the Federation (SGF) Boss Mustapha, says the election of Ngozi Okonjo-Iweala as the Director-general of the World Trade Organisation (WTO) will advance the cost of

African payments company Flutterwave on Tuesday announced a collaboration with PayPal to allow PayPal customers globally to pay African merchants through its ‘Pay with PayPal’ feature. Via this partnership, African businesses can

Nokia on Tuesday announced plans to cut up to 10,000 jobs within two years to trim costs and invest more in research capabilities, as the Finnish telecoms group seeks to

Nigeria’s consumer price index, which measures the rate of increase in the price of goods and services, rose to 17.33 percent in February hitting a four year high. According to

A new report has revealed that the ongoing recapitalisation of the Nigerian insurance industry will improve their capacity to underwrite risks, generate adequate returns on investments and make better contributions

British Airways’s new boss said vaccinated people should be allowed to travel without restriction and non-vaccinated people with a negative Covid-19 test, as he set out his ideas for a

Africa is expected to recover from its worst recession in half a century and reach 3.4 percent growth in 2021, the African Development Bank has said in its 2021 African

Nigeria’s Minister of State for Petroleum, Timipre Sylva on Friday denied there are plans by the federal government to increase the current price of premium motor spirit, popularly known as

The Organisation of Petroleum Exporting Countries (OPEC) on Thursday pruned the demand outlook for crude oil in the next two quarters, in keeping with the group’s plans to keep a

Exports and imports from Britain to the European Union plunged during the first month of the country’s new trade relationship with the bloc, according to data published on Friday with

Stakeholders in Nigeria’s capital market have hailed the final approval given by the Securities and Exchange Commission (SEC) and the Corporate Affairs Commission (CAC) for the demutualisation of the Nigerian

The Nigerian Stock Exchange (NSE) says it has completed its demutualisation process after it received final approvals of its demutualisation plan from the Securities and Exchange Commission (SEC) and Corporate Affairs Commission (CAC). The

The proliferation of fintech services across Africa remains in full swing as investors remain bullish about the opportunities that abound in the sector. Flutterwave, African-focused payments company has announced that

The global economic outlook has brightened as vaccine rollouts gain speed and the United States launches a vast new stimulus package, the OECD said on Tuesday, hiking its forecasts. The

Tesla Inc’s stock extended losses on Monday and is now down by a third from its January record high, making it the third time in about a year that the

With the sustained rally of crude oil prices, there is pressure on Nigeria’s federal government to save the windfall as analysts and the organised private sector (OPS) predict a surge

Brent crude futures surged above $70 a barrel on Monday for the first time since the Covid-19 pandemic began, while US crude touched its highest in more than two years,

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, on Saturday highlighted the benefits of the newly introduced “CBN Naira 4 Dollar Scheme,” an initiative aimed at incentivising senders and

The Central Bank of Nigeria (CBN) has introduced a scheme that rewards senders and recipients of international money transfers through CBN licensed International Money Transfer Operators (IMTOs). The CBN says