Economy

By Emmanuel Nduka Niger’s military government has declared the nationalisation of the country’s only industrial gold mine, Société des Mines du Liptako (SML), which sits along the banks of the River Niger. The order, delivered by...

By Enyichukwu Enemanna South Africa's cabinet on Thursday approved the country's participation in an international effort to enhance the marketing of real diamonds, in response to increasing appeal of lab-grown gems. This comes as the 30%...

By Emmanuel Nduka  Nigeria’s journey towards a cashless economy is gaining significant traction, with electronic payments reaching an all-time high of N295.5 trillion ($193 billion) in the first quarter of 2025, marking a 24.4% increase compared...

By Enyichukwu Enemanna The approval of 712 billion Naira (approximately $465m) for the refurbishment of the Murtala Muhammed Airport in the Nigeria's commercial nerve centre, Lagos, is a prudent expenditure, the country's Minister of Aviation and...

By Enyichukwu Enemanna South Africa's President, Cyril Ramaphosa on Monday rolled out intervention measures to assist local companies that will be hit by a 30% U.S. tariff which takes effect this week. The measures include exemptions...

By Emmanuel Nduka  Tesla is awarding CEO Elon Musk 96 million shares of restricted stock valued at approximately $29 billion, just six months after a court ordered the company to void his previous multibillion-dollar compensation deal....