Business

MTN Nigerian Finally Settles It’s N330 Billion Fine After 4 Years

Telecommunication giant, MTN Nigeria Communications Plc , has finally paid off the N330 billion fine imposed by the Nigerian Communications Commission (NCC). The final payment means that MTN has completed the N330 billion infraction fine and no longer owes the...

Kenya: Nairobi Named Africa’s Leading Business Destination – World Travel Award, 2019

Nairobi has been named Africa's Leading Business Travel Destination as the Kenyatta International Convention Centre (KICC) scooped a top award as Africa's Leading Meetings & Conference destination at this year's 26th Annual World Travel Award (WTA). KICC Chief Executive Officer,...

West Africa is The Least Trade Integrated Region In The World — Report

A report by the Borderless Alliance group has revealed that The Economic Community of West Africa States, ECOWAS, is the least integrated region in the world in terms of cross border trade. According to the report, the non- application of...

Nigeria Overtakes Egypt As Largest Rice Producer In Africa

Nigeria has overtaken Egypt as the largest rice producer in Africa, Director-General, Africa Rice Center, Benin Republic, Dr Harold Roy-Macauley has said. Roy-Macauley, revealed in a recent interview that Nigeria is now the largest rice producer at 4 million...

South Africa Ranked 9th Most Digitally Mature Country in the World

According to the latest Dell Technologies Digital Transformation (DT) Index, South Africa is the 9th Most Digitally Mature Country in the World. Despite the relentless pace of disruption, the latest Dell Technologies Digital Transformation (DT) Index Global Results shows worldwide...

Nigeria Set to be One of the World’s Largest Economies in 2050

PwC has released a report where the company previews the World in 2050 and what the largest economies will be in the next 31 years.According to the report, the cumulative global GDP growth between 2016 and 2050 will be...

Lack of Efficient Infrastructure: Highest Obstacle to Business in Africa, Report

The lack of efficient infrastructure is one of the highest hurdles to business in Africa, according to Rand Merchant Bank's Where to Invest in Africa. The report also shows that this obstacle represents an opportunity to businesses involved in the...

Top 10 Most Corrupt Countries in the World, 2019

Nigeria, a country not new to corruption rankings, is perceived to be the most corrupt country in Africa and the fourth most corrupt country in the world, according to USNEWS 2019 corruption ranking. Nigeria, a country not new to...

Egypt, South Africa Attracted the Highest Rate of FDI Flow to Africa in 2018

New figures released by United Nations Conference on Trade and Development (UNCTAD) recently revealed that Egypt and South Africa attracted the highest rate of international investment flow to Africa during the past year. “…relatively diversified economies such as Egypt and...

Nigeria Ranked 74th Best Country in the World for 2019

US News has published its latest Best Countries ranking for 2019, where Nigeria has climbed two places. The report covers 80 countries and ranks them on how global perceptions define them in terms of a number of qualitative characteristics, as...

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The Mbuti People Of Congo And Their Sister Exchange Form Of Marriage

In the Mbuti tribe, marriage is by sister exchange: Based on reciprocal exchange, men from other bands exchange sisters...

Slavery Abolition Act 1833: Slavery Was Abolished Throughout The British Empire On This Day

The Slavery Abolition Act of 1833 that abolished slavery in most British colonies, freeing more than 800,000 enslaved Africans in the Caribbean and South Africa and making the purchase or ownership of slaves illegal

According To Reputation Poll International (PI), These Are The 100 Most Reputable Africans In 2020

Reputation Poll International, a leading global reputation-management firm, has released the 2020 list of 100 Most Reputable Africans. The list features 47 women and 53...

Ndubisi Egbo — The Nigerian Coach Who Overcame Racism To Guide His Team To UEFA Champions League

The first African coach to take a team to the European Champions League, Ndubisi Egbo of Albanian side KF Tirana, has spoken of the...

Nigerian Born Author, Irenosen Okojie, Wins The Caine Prize For ‘Stunning’ Short Story

A Nigerian Born Author, Irenosen Okojie has won the AKO Caine prize for 'Stunning' short story Grace Jones. The Nigerian-British writer won the £10,000 award...