Economy

By Emmanuel Nduka ExxonMobil's lawsuit against climate-focused investors has become a wider showdown over activist shareholders, and their ability to seek big corporate strategy changes. California Public Employees' Retirement System (CalPERS) on Monday said it will...

By John Ikani A new report by Brand Africa, a brand performance tracker, reveals a paradox in African consumer sentiment. While a strong majority (64%) express confidence in Africa's future, they tend to favour brands from...

By John Ikani Nigeria's economic engine is sputtering as oil sector growth, a critical component of the nation's GDP, decelerated sharply in the first quarter of 2024. The Nigerian Bureau of Statistics reported a significant slowdown...

By Emmanuel Nduka The Management of Banex Plaza and the Nigerian Army have reached a truce, after a directive was given on Monday for an "immediate" reopening of the business facility which is one of the...

By Emmanuel Nduka Nigeria's Minister of Aviation and Aerospace Development, Festus Keyamo, has condemned the controversial Nigeria Air project of his predecessor Hadi Sirika, describing it as a "fraud" and a "lie" that was never going...

By John Ikani Rwanda and Mali took a significant step towards strengthened collaboration on Monday, May 27th, through a Joint Permanent Commission (JPC) meeting held in Kigali. The high-level talks, led by the respective Foreign Ministers,...