Amazon.com Inc said on Thursday it has invested $100 million in opening new warehouses in Mexico, including its first shipping centers outside the populous capital area, in a bid to

Nigeria’s stock market lost N113 billion (about $297 million) on Wednesday as investors’ appetite, which has been high for days became dampened due to the tense security situation in the

Sweden’s Ericsson on Wednesday reported quarterly core earnings ahead of market estimates, helped by a lift in margins across its businesses, and said it was “more confident” in meeting its

Cathay Pacific has announced it is closing its subsidiary Cathay Dragon and cutting 8,500 jobs. Cathay Dragon was a full service regional carrier flying mainly to mainland China and other

The world’s largest wealth manager, UBS on Tuesday posted a blockbuster 99% jump in third-quarter profit on heavy turnover in global markets, driven by strong performance in investment banking as

Passengers flying from Heathrow to Hong Kong and Italy on Tuesday will be the first to have the option of paying for a rapid Covid test before checking in. The

The Central Bank of Nigeria has advised all financial institutions to be abreast with emerging risks and other developments while taking proactive steps to address the new and emerging money

The Board of Directors of the African Development Fund (ADF) has approved a loan of UA 36 million ($50.7 million) to Tanzania, to finance the nation’s response to the COVID-19

It’s been almost two weeks of several demonstrations by Nigerian youths to end police brutality. Experts and analysts are calling on the government to speed up and meet the demands

 International Business Machines Corp edged past Wall Street estimates for quarterly revenue on Monday, bolstered by higher demand for its cloud computing services from companies speeding up their digital shift

Toshiba Corp. said on Monday it aims to generate $3 billion in revenue from its advanced cryptographic technology for data protection by 2030, as the Japanese sprawling conglomerate scrambles to

The Radisson Blu Anchorage Hotel, Lagos, has announced the promotion of Ahmed Raza to General Manager. Raza joined the Victoria Island-based hotel in 2017 as the Executive Assistant Manager and

American Airlines Group plans to return Boeing 737 Max jets to service for passenger flights by the end of this year depending on certifictaion of the aircraft from the Federal

The Indian government has warned Amazon.com’s local unit and Walmart’s Flipkart that sellers on their platforms are not complying with a rule requiring that a product’s country of origin be

Global accounting and consulting firm Deloitte will close four of its 50 British offices as it reviews its real estate portfolio in the coronavirus pandemic, but will retain the staff

A United Kingdom company, Zetogon has said it invested $100,000 in a Nigerian software firm, AirSmat, to help the organisation deliver world-class service on the African continent. The firm is

US retail sales rose more than expected in September, rounding out a strong quarter of economic activity, but the recovery from the recession is at a crossroads as government money

Nigerian payments startup Paystack has been acquired by US-based payments giant, Stripe in a $200 million -range deal. That makes this the biggest startup acquisition to date to come out

America’s electric vehicle company Tesla has reduced the price of its Model S sedan to $69,420. Chief Executive Officer Elon Musk said in a tweet on Wednesday that the “the

According to figures released by Ghana’s Statistics office, inflation rate fell for a second month in a row to 10.4% in September which is 0.1 percentage points lower compare to