Business

Alibaba Launches Africa’s First Electronic Trade Platform in Rwanda

Chinese e-commerce giant Alibaba on Wednesday launched Africa’s first Electronic World Trade Platform (eWTP) at a special ceremony in Kigali, Rwanda.Rwandan President Paul Kagame and Jack Ma.Executive Chairman of the Alibaba Group, attended the launch event and unveiled a...

Nigerian Assets that may be Taken Over by China if the Country Defaults in its Debt

A few weeks ago, there was a deep outcry in Lusaka, Kitwe, Chingola, Ndola, Livingstone and all other Zambian cities and towns. What could be the problem in the land of Kenneth Kaunda , that could have made people...

Nigeria Ranked 146 out of 190 in World Bank’s Ease of Doing Business Report

Nigeria has dropped a spot on the latest World Bank Ease of Doing Business ranking. The bank released the report themed ‘Doing Business 2019: A Year of Record Reforms, Rising’ on Wednesday. In this latest edition, Nigeria was ranked 146 Out...

Nigeria’s First Gold Refinery to be Completed in 2019

David Bensusan, Managing Director, Kian Smith Trade & Co., has announced that the company’s gold refinery is on schedule to be completed and commence operations by 2019. In a statement posted on the company’s Twitter account, Bensusan said the gold...

Nigeria Ranked 5th Most Attractive Finance Market in Africa

Nigeria is now ranked fifth most attractive financial market in Africa after South Africa, Botswana, Kenya and Mauritius. The country jumped one place from position six in 2017, according to Absa Africa Financial Markets Index 2018. The report assesses progress...

Abuja, Lagos Ranked Best Destination to do Business in Nigeria, Ondo Ranked Worst

Abuja has been ranked the number one destination to do business in Nigeria in 2018,. Nigeria’s commercial capital, Lagos, is the second best state to do business while Enugu is third on the ranking. The World Bank has released the...

Poor Growth In Nigeria, South Africa Affecting African Economy – IMF

The International Monetary Fund (IMF ) has said African economies combined growth rate is held down by the continent's three largest economies: Nigeria, South Africa and Angola, which IMF said are not performing up to their potentials. The Fund...

Nigeria Now Manufactures Gas Cylinders Locally

Nigeria has started the manufacturing of local gas cylinders with Techno Oil Ltd’s unveiling of its TechnoGas LPG cylinders at the 31st World LPG Forum rounding off at Houston, Texas in the U.S. Nigeria has started the manufacturing of local...

South Africa, Nigeria Ranked Africa’s Most Valuable Nation Brands of 2018

South Africa and Nigeria are ranked 49th and 50th in the world respectively. Six out of ten fastest-growing nation brands in the world come from Africa, according to the latest Brand Finance Nation Brands report. The Democratic Republic of the Congo,...

South Africa, Kenya, Nigeria Lead In Africa’s Business Digitalization Environment

South Africa, Kenya and Nigeria have been named top three among 115 countries providing the environment for businesses to thrive in the digitalization era. Euler Hermes in its report Enabling Digitalization Index (EDI) 2018, illustrates each country’s ability to provide...
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John Brown: The Abolitionist Executed for Inciting a Slave Rebellion in West Virginia in 1859

John Brown was a prominent leader in the American abolitionist movement during the decades leading up to the Civil...
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