Airtel Africa profit hit by currency devaluation in Nigeria, others
Airtel Africa Plc saw its after-tax profit drop in the financial year ended March 31, 2020 partly on the back
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NLNG, Saipem, others sign contracts for Train 7 construction
Nigeria LNG Limited, on Wednesday, signed the engineering, procurement and construction contracts for its Train 7 project with SCD JV
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Airtel Nigeria grows internet data revenue by 68%
Airtel Africa Plc has said its data revenue from Nigeria rose by 68.1 percent to $435m for the financial year
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Dollar shortage hits manufacturers in Nigeria hard
Nigerian manufacturers are struggling to stay in business because a foreign-exchange shortage spawned by the collapse in oil prices means
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OPEC, others want output cuts to last beyond June
The Organisation of Petroleum Exporting Countries and its allies want to maintain existing oil cuts beyond June to shore up
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NNPC’s monthly profit rises by 111% to N3.95bn
The Nigerian National Petroleum Corporation said on Tuesday that its trading surplus rose to N3.95 billion in February from N1.87
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SAHCO takes over BA’s ground handling services in Nigeria
Skyway Aviation Handling Company Plc announced on Tuesday that it had taken over the ground handling services of British Airways
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Tanzania central bank cuts interest rate for banks
The Bank of Tanzania has reduced its discount rate for commercial banks from seven percent to five percent, with effect
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Kenya’s risk of debt distress now high – IMF
The International Monetary Fund has raised Kenya’s risk of debt distress to high from moderate due to the impact of
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Tourism worst hit as countries impose restrictions on travel
The tourism sector has taken a serious beating from the COVID-19 crisis as 100 percent of global destinations continue to
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