Ethiopian Airways Crash Report: It’s all crumbling on Boeing 737-Max model
The investigation into the Ethiopian Airways crash that killed all 157 passengers onboard in February 2019, has shown that the...
Konga set to beat Jumia as Africa’s first profitable e-commerce business
The Co-Chief Executive Officer (CEO), Konga Group, Nick Imudia has disclosed that the financial result of the e-commerce company shows Konga...
Jiji acquires rival, OLX, as e-commerce startups continue to divest
Nigeria's online marketplace, Jiji, has acquired its rival, OLX, in a bid to extend the company's footprint on the African...
Is Air Peace’s new deal with Embraer SA an alternative to embattled Boeing?
Nigeria's airline operator, Air Peace, has signed a billion dollar deal with Brazil's plane manufacturer, Embraer SA. The deal comes at a...
FIRS going after 55,000 millionaire tax debtors to meet mid-year target
The Federal Inland Revenue Service plans to generate about N750 billion from about 55,000 millionaire tax debtors. The FIRS intends...
Ohiwerei resigns as Keystone Bank’s CEO, lender appoints another
Obeahon Ohiwerei is said to have made the decision to leave Keystone Bank in order to pursue other personal interests.
Kenya’s biggest telco is losing market share, and it’s all political
The largest telecommunications provider in Kenya, Safaricom, is losing its grip in the East African country's telecom industry, and it's...
Exxon begins talks with domestic firms to divest businesses in Nigeria
Exxon's proposed divestments will include stakes in both onshore and offshore fields.
EZ-Farming wins U.S venture prize, strives to outgrow era of hype
The Founder of EZ-Farming, Adewale Oparinde, said winning the 2019 Georgetown University's $5,000 New Venture Prize, is a testament to the value...
Mastercard offers Jumia $56m ahead of unusual IPO on NYSE
African e-commerce startup, Jumia, has received $56 million from Mastercard Europe ahead of its unusual initial public offering (IPO) on the New...
