UK Invests £30m through partnership with African Union The UK is set to inject up to £30 million into prosperity and security projects across Africa as it steps up its investment in the continent, Minister of State for Africa Harriett...

NCAA Threatens Telcos over N1Bn Debt Nigerian Civil Aviation Authority (NCAA), has, threatened to sanction telecom operators over N1 billion debt owed the agency over the years. Despite several warning letters, the operators have allegedly refused to pay their outstanding debts. According...

Samsung Upsets Apple with folding smartphone Samsung Electronics Co Ltd has unveiled a nearly $2,000 folding smartphone in a bid to top the technology of Apple Inc and Chinese rivals and reignite consumer interest amid slumping sales. The Galaxy Fold will...

Private Sector Credit amounts to N15.13trn in Q4 2018—NBS The National Bureau of Statistics (NBS) said that the total value of credit allocated by the banking sector to the private sector stood at N15.13 trillion as at fourth quarter of...

Zimbabwe Rebuffs Africa free trade Zimbabwe has shelved its plans to join the Africa Continental Free Trade Area (ACFTA). The country declined to sign the agreement because it was to find space to stabilise local industries which are struggling to produce...

China, US Reach Tentative Deals on Trade The United States and China have started to outline commitments in principle on the stickiest issues in their trade dispute, marking the most significant progress yet toward ending a seven-month trade war, Reuters...