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As Muslims all over the world prepare to celebrate the Eidel Kabir next week, a crosssection of ram sellers at the popular Kara Market in Read more
JOHANNESBURG (Reuters) – Growth in South Africa’s two key sectors slowed on Thursday, with weak activity renewing fears South Africa may struggle to avoid recession Read more
NAIROBI, Sept 8 (Reuters) – The Nigerian naira, Kenyan, Ugandan and Tanzanian shillings are likely to hold steady against the dollar in the next week Read more
China’s imports rose 1.5 percent in August, marking the first increase in almost two years, while exports dropped 2.8 percent, indicating the world’s second-largest economy Read more
MasterCard Inc said on Tuesday it had expanded its deal with payment processor PayPal Holdings Inc, which would allow customers to use PayPal’s payment services Read more
NAIROBI (Reuters) – The Kenyan shilling held steady against the dollar on Tuesday owing to inflows from remittances and non-governmental organisations, but was seen under Read more
FRANKFURT (Reuters) – A sale of Formula One to Liberty Media is to go ahead next week, the sport’s commercial supremo Bernie Ecclestone told German Read more
Leaders of aviation workers’ union have expressed different views on Aero Contractors’ to suspend flight oeprations from September 1. Isaac Balami, president, National Association of Read more
JOHANNESBURG (Reuters) – The retail price of petrol in South Africa will decrease by 1.5 percent from September 7, while the price of wholesale diesel Read more
Samsung Electronics is recalling its flagship Galaxy Note 7 smartphone and said that battery problems were behind phones catching fire. The decision follows reports in Read more
* OPEC, non-OPEC talks failed in April * OPEC, non-OPEC producers to meet in Algeria this month * Russian oil output lowest in a year Read more
SWIFT, the global financial messaging system, on Tuesday disclosed new hacking attacks on its member banks as it pressured them to comply with security procedures Read more
Nigeria’s banking industry could face significant liquidity pressures if the Central Bank of Ni-geria (CBN) enforces its directive that eight banks should refund the Nigerian Read more
By Henning Gloystein | SINGAPORE Oil prices fell early on Monday as output from Iraq rose and as Iran said it would only cooperate in Read more
Olalekan Adetayo, Abuja President Muhammadu Buhari on Sunday assured the international community that Nigeria will be one of the first 100 countries on the World Read more
Stanley Ogidi The Federal Department of Fisheries on Saturday destroyed 15 containers of frozen fish allegedly belonging to a company, Food Solution Nigeria Limited. According Read more
By George Obulutsa NAIROBI (Reuters) – Japanese Prime Minister Shinzo Abe told African leaders on Saturday that his country will commit $30 billion in public Read more
JOHANNESBURG (Reuters) – South Africa’s rand and bonds rallied on Friday as soft economic growth data in the United States ahead of a speech by Read more
By Mfuneko Toyana JOHANNESBURG (Reuters) – South Africa’s main opposition the Democratic Alliance (DA) called on Friday for an urgent parliamentary meeting to work out Read more
LAGOS (Reuters) – Nigeria’s naira was quoted at an all-time low of 412 per dollar on the parallel market on Friday as a dollar shortage Read more
LAGOS (Reuters) – Nigeria’s naira was quoted at an all-time low of 409 to the dollar on the black market on Thursday, compared with 402 Read more
CBN readmits UBA to FX market Banks speak on penalty, NNPC funds Naira hits 402 per dollar The Chief Executive Officers (CEOs) of banks will Read more
The Central Bank of Nigeria (CBN) late Wednesday night deleted the United Bank for Africa (UBA) from the list of nine deposit money banks (DMBs) Read more
JOHANNESBURG — A young South African is winning widespread recognition for his unique business in Alexandra, Johannesburg. Jeffrey Mulaudzi takes tourists on bicycle rides through Read more
By TJ Strydom JOHANNESBURG (Reuters) – Africa’s largest retailer Shoprite Holdings reported a 17 percent jump in full-year profit on Tuesday, shrugging off competition in Read more
LAGOS (Reuters) – Nigeria’s central bank has asked commercial lenders to allocate 60 percent of their foreign exchange purchases to manufacturers, in a bid to Read more
CBN to banks: Dedicate 60 of forex to manufacturers Banks and other lenders have begun a recovery programme to recoup loans and debt from the Read more
The Minister of Finance, Mrs Kemi Adeosun, has called on the Islamic Development Bank to support Nigeria in rebuilding the northeast ravaged by Boko Haram. Read more
Sun International joins South African exodus from Nigeria * South African hotel, gaming group ends Nigerian ambitions * Weak economy, shareholder dispute weighed on business Read more
Some international airlines, which hitherto had their operational bases in Nigeria, have started relocating their offices to Accra, Ghana from where they come to pick Read more
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