Two senior executives at Botswana supermarket chain Choppies Enterprises limited are suing former auditors PwC for $40 million for not signing off on the company’s 2018…
Author: Nasir Agbalaya
South Africa’s Rand has weakened as investors await SA’s economic recovery plan. Also, bonds weakened, with the yield on the benchmark government issue due in mature…
African Alliance Insurance wants to raise more capital and boost its recapitalisation plan with divestment. The company’s board has planned the divestment and will inform shareholders…
Kenya lender KCB has received $150 million, from the International Finance Corporation (IFC). With the funds, the Kenyan bank becomes a lead syndicator, to support the…
The Kenya Port Authority has changed construction timeline of Lamu Port. It will now be completed in December 2021 from the earlier announced date of December…
Libya’s El-Sharara oilfield, has resumed production on Monday, according to the oilfield’s administration. It is the country’s largest. The administration added in a statement aired on…
The international Monetary Fund (IMF) says Africa needs $1.2 trillion over the next three years for Africa to recover from the economic losses it incurred due…
The Maritime Workers Union of Nigeria (MWUN) has identified four shipping companies responsible for the gridlock caused by heavy duty trucks on the notorious Oshodi-Apapa Expressway…
Incumbent Governor of Ondo state Rotimi Akeredolu is close to confirming his second term in office. He is leading from the announced results of 16 local…
Ondo State Deputy Governor and candidate of the Zenith Labour Party (ZLP), Agboola Ajayi , voting at his Kiribo hometown, Ese Odo local government area.Ajayi, who…