The United Nations (UN) has boosted Nigeria’s Economic Sustainability Plan with $250 million. The offer, which is aimed at complementing Nigeria’s COVID-19 economic recovery efforts under the Nigerian Economic Sustainability

The Central Bank of Nigeria (CBN) on Tuesday unveiled guidelines for the operation of the Private Sector-led Accelerated Agriculture Development Scheme (P-AADS) to facilitate increased private sector agricultural production of

Online Fintech startup firm Kuda, out of Nigeria, that offers digital banking services, has announced it has raised $10 million — the biggest seed round ever to be raised in

Samsung managed to outperform Apple’s smartphone sales on the latter’s home turf for the first time in years, new market data reveals. Industry watcher Strategy Analytics reports Samsung seized just

Microsoft Corporation has launched two models of its Xbox gaming console, seven years after the debut of the previous version, to capture a pandemic-driven boom in consumer spending on games.

Asian stock markets rose for a second day in a row on hopes for progress toward a possible coronavirus vaccine that might allow the world to revive manufacturing, shopping and

The Nigerian government has allowed Dangote Cement to resume exports across its land borders, raising hopes that Africa’s most populous nation may be opening up trade with neighbors after a

The Central Bank of Nigeria (CBN) has opposed a suit seeking to remove the Ajami (Arabic) inscriptions on naira notes. The apex bank told the Federal High Court sitting in

Oil surged on Monday, putting it on track for its biggest daily gain in more than six months after Pfizer announced promising results for its COVID-19 vaccine, boosting risk assets

German exports rose by more than expected in September, and foreign trade gave Europe’s largest economy a boost going into the fourth quarter as it struggles to avoid slipping into

Gilat Telecom a global multinational communications service provider with presence in Africa, Asia, and the Middle East, has announced significant new enhancements to its Software-Defined Wide Area Network (SD-WAN MAX).

Kenya’s biggest telecoms operator, Safaricom, said half-year net profit fell six percent to 33.07 billion shillings (about 303.62 million dollars) with M-Pesa revenue dropping the most on account of free

Asian shares and US futures rose Monday on relief the US presidential election results were finally decided, with Joe Biden announced president-elect. Hong Kong’s benchmark Hang Seng Index went up

Turkey’s finance minister and son-in-law to President Recep Tayyip Erdogan announced his resignation on social media late Sunday. Berat Albayrak said on Instagram that he was stepping down from his

Nigeria’s Debt Management Office (DMO) has said that a total of N195 billion (about $510 million) has been disbursed to 270 exporters under the Export Expansion Grant (EEG) programme of

EgyptAir passengers from Nigeria can now enjoy better deal with more comfort with the deployment of the Boeing 787 Dreamliner on the Cairo-Lagos route. EgyptAIr recently took delivery of its

Investors and financial executives took a big sigh of relief on Saturday after major networks declared Democrat Joe Biden winner of the US presidential election, offering some certainty after days

Volkswagen AG’s truck unit Traton SE has agreed to pay about US$3.7 billion for the outstanding shares of US truck maker Navistar International Corp in a deal announced on Saturday