Kenya’s Nakumatt, once East Africa’s top retailer, files for administration
Kenya’s Nakumatt has filed for administration after a slew of petitions from creditors owed millions of dollars by a company that started life more than 25 years ago as a…
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Kenya’s Nakumatt has filed for administration after a slew of petitions from creditors owed millions of dollars by a company that started life more than 25 years ago as a…
Coca-Cola Co plans to invest up to $90 million in Kenya over the three years through 2018 to increase its product range in the region’s biggest economy, the soft drinks…
President Muhammadu Buhari on Thursday said Nigeria remains proud of its former Minister of Agriculture, Dr. Akinwumi Adesina, for winning the 2017 World Food Prize Laureate. Adesina, who is the…
It appears that the dispute between the Nigerian Ports Authority(NPA) and integrated logistics company, Intels has gone beyond business to political as the House of Representatives could not unite on…
A former First Lady, Patience Jonathan, on Wednesday, got a reprieve as the Senate Committee investigating the petitions against the freezing of her accounts, asked that they should be unfrozen.…
An estimated three billion Yahoo accounts were compromised during a data breach in 2013, the company said on Wednesday. The figure tripled the number revealed by the company in 2016.…
Barely three days after its launch, new satellite TV provider, TSTV has received is first warning shot in form of a letter alleging illegal pirating of some TV content. A…
Nigeria had taken 2.305 trillion naira ($7.53 billion) in total revenue as of June 2017, the budget office said on Tuesday. Ben Akabueze, director of the budget office, said the…
Embattled former petroleum resources minister, Diezani Alison Madueke, has reportedly pleaded with a Federal High Court sitting Lagos to order the Attorney-General of the Federation (AGF) to ensure her return…
Fiat Chrysler Automobiles NV’s (FCHA.MI) U.S. arm, said it was voluntarily recalling about 646,394 SUVs in the United States to check shields that protect brake boosters for proper installation. FCA…