Gains recorded by some large and medium capitalised stocks, including Oando, UACN, Jaiz Bank and R.T Briscoe, on Thursday, lifted market capitalisation at the Nigerian Exchange…
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Nigeria’s agency responsible for the local development of oil and gas, the Nigerian Content Development and Monitoring Board (NCDMB) and the Senegalese Petroleum Industry have agreed…
South Africa’s Eskom will in the near future approach the market for gas to run its diesel-gobbling open-cycle gas turbines. This was announced at an emergency…
https://www.youtube.com/embed/2tmhE4Fzhvk On March 1, South Africa implemented a new national minimum wage policy, moving from 21.69 rands for every ordinary hour worked to 23.19 rands, representing…
Kenyan insurance group Jubilee Holdings Limited (JHL) has purchased an additional 10% stake in submarine fibre optic cable project SEACOM, bringing its shareholding in SEACOM to…
South Africa’s telecommunications operators Telkom and Rain Networks have won the first round of the country’s frequency spectrum auction, spending a combined 2.7 billion rands on…
Safaricom’s mobile money service M-Pesa has reached 30 million monthly users in Kenya. M-PESA reached the milestone a few days after marking its 15th year since…
In Liberia, the government has increased the price of petroleum products, leading to groans by commuters and other users of fuel in that country. The Ministry…
Egyptian Prime Minister Mostafa Madbouly has pledged to keep food prices affordable for Egyptians and other resident nationals despite the ongoing conflict between Russia and Ukraine.…
Nigerian Exchange Ltd. closed Wednesday’s equities transactions on a positive note with a 0.28 per cent gain, reversing five consecutive bearish days. The All Share Index…