AMCON risks losing N12.9bn judgement debts over fraudulent activities
The Assets Management Company of Nigeria, AMCON has said it is a victim of some fraudulent activities and stands to lose over N12.9 billion which is a judgment debt belonging…
Entrepreneurs Advocate Support for The Next Titan Nigeria Reality TV Show
A group of young entrepreneurs, under the auspices of Hype Communications, has called on corporate organisations, governments and non-governmental agencies to support entrepreneurs and programmes that support entrepreneurship. The entrepreneurs…
Jumia suffers major setback, shuts Cameroon operations, records losses
Africa e-Commerce company, Jumia, has closed down operations of its Cameroon subsidiary, Jumia Cameroon. This is coming less than a week after Jumia released its Q3 financial report in…
OPEC’s share of Indian oil imports in October hits lowest since 2011
OPEC’S share of India’s oil imports fell to 73% in October, its lowest monthly share since at least 2011, tanker data from sources showed, as refiners shipped in fuel from…
How Pentagon contract returned Bill Gates as world richest man
This time it’s official. Microsoft Corp. co-founder Bill Gates overtook Amazon.com Inc.’s Jeff Bezos as the world’s richest person on Friday, reclaiming the top ranking for the first time in more than…
Oil prices edge up on trade-talk optimism, OPEC meeting
Oil prices inched higher on Monday, extending steady gains from the previous week, with investors awaiting fresh clues over prospects for a trade deal between the United States and China…
Vandals cut Nigeria crude export, revenue: Aiteo cries out
Sustained economic sabotage by vandals on Nigeria’s oil-exporting Nembe Creek Trunk Line (NCTL) has led to significant losses in production, operator Aiteo said on Sunday. Nigeria, Africa’s biggest crude oil…
Konga to break e-Commerce biggest day sales record soon – Chris Uwaje
Africa Chair for IEEE-World Forum on Internet of Things (IoTs), Dr. Chris Uwaje has boldly declared that foremost e-Commerce giant, Konga will beat the record for the biggest single day…
$1m awarded to 10 African entrepreneurs by Jack Ma Foundation Africa Netpreneur Prize Initiative
Jack Ma Foundation has hosted its first annual Africa Netpreneur Prize Initiative (ANPI) grand finale awarding $1 million in prize money to 10 entrepreneurs from across Africa. The…