Category: Market

Published by Nation (Nigeria) Major Oil Marketers Association of Nigeria (MOMAN) has debunked claims Aviation Turbine Kerosene (ATK), also known as aviation fuel, was sold…

The Cameroon-headquartered Bank of Central African States (BEAC) has urged the Central African Republic (CAR) to annul a law it passed in late April that made the cryptocurrency Bitcoin legal tender. The bank warned in a letter made public last week th…

African Development Bank Group President Dr Akinwumi Adesina says “Africa must prepare for the inevitability of a global food crisis.” He was speaking about Africa’s priorities, as a guest at the Atlantic Council’s Africa Center on Friday.Fielding ques…

Some of the worst flooding in South Africa’s history has left more than 400 people dead and some 40,000 displaced, dealing a devastating blow to the eastern city of Durban, which has a seaport that has also been badly affected.With the port not fully f…

TUNIS, — An International Monetary Fund delegation will arrive in Tunisia on Friday for talks with the government and other groups, a top trade union official said, as fears rise over the North African country’s risk of default.After meeting representa…

Weeks of scarce fuel coupled with a failing national electricity grid are hurting countless small businesses across Nigeria. Some businesses have temporarily shut down, while others reduced hours to cope with the energy shortage.In January, Toochukwu O…

Kenyan artisans say they are losing the market for their products to Chinese imports. According to the crafts persons, the high quality and lower prices of Chinese-made goods put them at a disadvantage.Jua kali, popularly known in Kenya as artisanal wo…

Investing in women’s economic empowerment yields enormous dividends for peace and prosperity, the head of UN Women told the Security Council on Tuesday, stressing that countries where women are economically marginalized and shut out of the workforce ar…