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BREAKING: Nigeria’s military accuses UNICEF of sabotage, expel organization from North-East
The Nigerian Military has announced the suspension of the operations of the United Nations International Children’s Emergency Fund (UNICEF) from the North-East. According to a statement released on Friday by Onyema Nwachukwu, a Colonel and Deputy Director of Public Relations...
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Inflation rate rises as food prices soar in Nigeria
Nigeria’s inflation rate climbed in November as the cost of food surged. Consumer prices in Africa’s largest oil producer rose 11.28 percent from a year earlier, compared with 11.26 percent in October, the Abuja-based National Bureau of Statistics said in a report published ...
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Former Eskom adviser Rothschild, calls on South Africa to bail Eskom with $7Bn
The South African government needs to “bite the bullet” and bail out struggling state-run power firm Eskom, which has asked for 100 billion rand ($7 billion) in government support, the chief executive of Rothschild & Co in South Africa told Reuters. Rothschild advised Es...
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OPEN LETTER: Saraki’s Greed & Imminent Abeyance – By @RichardTayo
Dear Senator Saraki, I wrote a letter to you almost 2years ago titled “When does ambition go overboard?” Whether you read that letter or not, I am determined to write you another letter. I am writing this letter as a citizen whose tax is used to pay you. I wrote...
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Online betting firms continue to flourish in Nigeria
Online sports betting is booming in soccer-mad Nigeria largely thanks to payment systems developed by homegrown technology firms that are starting to make online businesses more viable. For years, mobile payments failed to take off in Nigeria as they have in countries such a...
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Chude Jideonwo, Adebola Williams unveil cover for new book, ‘How to Win Elections in Africa...
RED co-founders, Chude Jideonwo and Adebola Williams yesterday unveiled the cover for their forthcoming book – ‘How to Win Elections in Africa: Parallels with Donald Trump’. Scheduled for release in November, the book chronicles the ideas and ideals imperative for Africans a...
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Nigeria’s inflation rate climbed in November as the cost of food surged. Consumer prices in Africa’s largest oil producer rose 11.28 percent from a year earlier, compared with 11.26 percent in October, the Abuja-based National Bureau of Statistics said in a report published ...
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Nigeria’s first gold refinery, located in the southwestern state of Ogun, is scheduled to be completed by the end of June, according to Kian Smith Trade & Co Ltd., the local company developing it. The refinery will initially be able to produce 3 metric tons of gold each ...
![]({"large":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2018\/01\/Eskom-1024x680.jpg","width":"1024"},"full":{"0":"2018\/01\/Eskom.jpg","1":"1024","2":"680","3":false,"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2018\/01\/Eskom.jpg"}})
The South African government needs to “bite the bullet” and bail out struggling state-run power firm Eskom, which has asked for 100 billion rand ($7 billion) in government support, the chief executive of Rothschild & Co in South Africa told Reuters. Rothschild advised Es...
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Nigeria’s economy grew 1.81 percent in the third quarter of 2018 from a year earlier, pushed higher by the non-oil sector, the statistics office said on Monday. The figures are a slight improvement from the previous quarter, when a slowdown in growth sparked fears that Afric...
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Egypt is promoting itself as a linchpin for intra-African trade and a model of economic reform as it prepares to chair the African Union in 2019. The country hosted a high-level business forum on Saturday and Sunday in the Red Sea resort of Sharm el-Sheikh that will be follo...
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Kenya’s Consolidated Bank said on Monday it was seeking an investor, either foreign or local, to inject 3.5 billion Kenyan shillings ($34.21 million) as part of its balance sheet reorganisation. In a statement published in local newspapers, the state-owned bank asked investo...
BREAKING: Nigeria’s military accuses UNICEF of sabotage, expel organization from North-East
The Nigerian Military has announced the suspension of the operations of the United Nations International Children’s Emergency Fund...
Inflation rate rises as food prices soar in Nigeria
Nigeria’s inflation rate climbed in November as the cost of food surged. Consumer prices in Africa’s largest oil producer rose 11....
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Fire destroys thousands of voting machines for presidential election in Congo
A fire overnight at a warehouse in Congo’s capital destroyed thousands of voting machines and ballot boxes that were due to be use...
Nigeria’s first gold refinery to commence operation next year
Nigeria’s first gold refinery, located in the southwestern state of Ogun, is scheduled to be completed by the end of June, accordi...
