• Kenya

    Business News: Energy regulator approves coal-fired Amu Power plant in Lamu

    In a notice in the Kenyan Gazette, the Energy Regulatory Commission (ERC) approved construction of Kenya's first coal-fired power plant in Lamu.

  • Kenya

    Business: Private sector slowdown a new challenge for Uhuru Kenyatta

    Growth in Kenya's private sector plateaued last month, adding to the challenges for President Uhuru Kenyatta as he seeks re-election in August by touting his strong economic performance.

  • Kenya

    Business: Energy regulator approves coal-fired Amu Power plant in Lamu

    In a notice in the Kenyan Gazette, the Energy Regulatory Commission (ERC) approved construction of Kenya's first coal-fired power plant in Lamu.

  • Nigeria

    Economic growth uncertain this year — Report

    Ife Ogunfuwa Many chief financial officers of business organisations in Nigerian say they are not confident about economic and business growth in 2017 but are optimistic about an improvement in the next two to three years Speaking at a press conference on Friday, a Partner and Head, Audit services, KPMG ...

  • Nigeria

    Nigeria recorded N63tn cashless transactions in 2016

    Ozioma Ubabukoh Nigerians carried out about N63tn worth of transactions on various electronic channels in 2016, SUNDAY PUNCH learnt on Saturday. Statistics showed that the figure was the highest transaction value ever recorded in the nation’s e-payment sector, following the introduction of a cashless economy policy by the Central bank ...

  • Nigeria

    Ensuring knowledge-led economy through technology

    Analysts have repeatedly warned that Nigeria’s oil reserves will, at best, last for another 50 years. This is definitely a warning sign that the future of our dear nation, with a population growth rate that many say is unsustainable, might be bleak if we do not engage in proper planning. ...

  • USA

    I’m yet to make profit —Tricia Ikponmwonba-Yusuf

    Tricia Ikponmwonba-Yusuf, 29, is the Managing Director of Omose kids, a children wear line. She speaks with JOY MARCUS about her desire to bridge the gap in the children’s fashion industry Can you briefly tell us about yourself? As a marketing professional and fashion entrepreneur, I explore both fields to ...

  • Nigeria

    Nigerian banks battling with forex liquidity – Moody’s

    BAYO AKINLOYE A global rating body, Moody’s, has said many banks in Nigeria are struggling to handle diminishing foreign currency liquidity. The rating body noted that the reduced foreign currency deposits would increase the monetary institutions’ funding costs. “The reduction in foreign currency deposits is credit negative for Nigerian banks ...

  • Nigeria

    Nigeria blasts Amnesty International over report

    The federal gover-nment has dubbed the 2015/2016 report of Amnesty International (AI) as lacking conformity to standards. This is particularly so on evidence gathering, the Ministry of Foreign Affairs said in a statement by its spokesperson, Mr Clement Aduku. Government wondered why the report failed to condemn the atrocities committed ...

  • Nigeria

    NASSI committed to SMEs’

    The Nigerian Association of Small Scale Industrialists (NASSI) has restated its commitment to the growth and development of small and medium scale enterprises. Giving this charge at the weekend was Mr. Segun Kuti-George, Chairman of NASSI, Lagos Chapter. He spoke at the official launch of the Lagos Island chapter of ...