Economy

By John Ikani JPMorgan Chase CEO Jamie Dimon is set to visit Africa in mid-October, marking his first trip to the continent in seven years. This move signals the largest U.S. lender's intent to expand its...

By Enyichukwu Enemanna South Africa's leading coal mining firm says it plans 1,241 job cuts to deal with lower prices as well as dwindling operational capacity of rail services, a move workers in the mining sector...

By Emmanuel Nduka Dr. Ngozi Okonjo-Iweala, the first woman and first African to head the World Trade Organization (WTO) is set to seek a second four-year term when her mandate expires next August, her spokesman said...

By Enyichukwu Enemanna Saudi Arabia's Crown Prince Mohammed bin Salman has directed the Saudi Public Investment Fund (PIF) to pump $5 billion worth of investment money into Egypt in what it called a "first stage", Egyptian...

By Emmanuel Nduka A new report has revealed that commercial banks in Nigeria lost a total sum of N42.6 billion to fraud and forgeries over a three-month period from April to June this year. According to...

By Emmanuel Nduka The government of Maldives has reiterated that its financial troubles are “temporary”, and that it has no plans to seek an International Monetary Fund (IMF) bailout after warnings of a possible sovereign default....