A court in Mali has ruled that the operations of the Loulo-Gounkoto gold complex, run by Canadian mining giant Barrick, will be overseen by a government-appointed administrator for six months, effecti...
The Nigeria Deposit Insurance Corporation (NDIC) has been praised by the Chartered Institute of Directors (CIoD) Nigeria for its outstanding role in promoting ethical leadership and corporate governan...
Nigerian lawmakers have urged the Central Bank of Nigeria (CBN) to refrain from increasing interest rates beyond the current 27.5% as part of efforts to curb inflation, warning that such a move could ...
Nigeria has officially become a member of the European Bank for Reconstruction and Development (EBRD), a significant step that is expected to greatly enhance the private sector’s access to internation...
China and the United States are set to suspend sweeping tariffs on each other’s goods for a 90-day period starting Wednesday, following a breakthrough deal aimed at de-escalating one of the most punis...
Sony has posted a solid 18 percent rise in net profit for the financial year ending March 2025, reaching 1.14 trillion yen (around $7.7 billion), driven by strong performances across its video game, m...
The African Development Bank (AfDB) and the Islamic Development Bank (IsDB) have reaffirmed their strategic partnership with a renewed commitment to tackling fragility and promoting resilience through...
Boxer, a South African discount grocery chain majority-owned by Pick n Pay, announced on Monday that it anticipates sales growth in the low teens for its current financial year. The retailer attribute...
MTN Group, one of Africa’s largest mobile network operators, reported a 33% increase in core profit for the first quarter, supported by robust service revenue growth, reduced device costs in South Afr...
The South African rand remained stable on Monday as investors turned their attention to upcoming local economic data expected later this week. As of 09:10 GMT, the rand was trading at 18.22 to the US ...