Ride-hailing company Uber has offered over a million trips in Nigeria two years after it started there and is eyeing expansion to a French-speaking West African country next, its West African chief said on Thursday. 25
SEOUL, South Korea (AP) — Samsung Electronics said Tuesday that it is stopping production of Galaxy Note 7 smartphones permanently, a day after stopping global sales of the ill-fated devices amid reports that batteries were 25
The Asian Chamber of Commerce honored successful businessmen and women at The Spirit of Entrepreneurship Gala last week. Winners were: Entrepreneur of the Year, Thomas Nguyen, Peli Peli Restaurant Group; Business Female, Alice Lee, Hawes 25
Nigeria’s statistics office said Wednesday that the country has dropped into recession as its all-important oil industry has suffered under weak global prices. The country’s gross domestic product (GDP) dropped by 2.06 percent in the 25
Africa’s largest economy, Nigeria, has officially entered recession after two consecutive quarters of contraction. Gross domestic product shrank by 2.06% in the second quarter of 2016, following a 0.36% shrinking in the first quarter, according to 25
NAIROBI, KENYA — African heads of state and VIPs from around the world have converged in this Kenyan capital for the sixth Tokyo International Conference on African Development, expected to foster a host of new trade 25
LAGOS (Reuters) – Nigeria’s central bank has suspended nine banks from the interbank currency market for failing to remit money owed to the government, banking sources told Reuters on Tuesday. The suspension comes after the 25
On June 15, Nigeria’s central bank announced it would abandon its currency’s dollar peg. Since then, the naira has fallen 61 percent against the U.S. dollar, generating difficulties for both foreign and domestic businesses in Africa’s most populous country. 25
Britain’s economy may bear the brunt of the fallout from the UK’s decision to leave the European Union, but another part of the world — Africa — is set to be an unexpected victim. Much 25
Abuja (AFP) – The Central Bank of Nigeria (CBN) on Tuesday raised its benchmark interest rate to 14 percent from 12 percent in move to stabilise the country’s currency, the naira, and tame soaring inflation. 25
Copyright © 2026 | MH Magazine WordPress Theme by MH Themes