Business News

Mobility service provider, Uber has suspended its operations in Tanzania indefinitely following the imposition of a "fare guide" imposed by the Land Transport Regulatory Authority (LATRA). The company, in a...

The CEO of Twitter, Parag Agrawal has revealed that the CEO of Tesla and largest shareholder of Twitter, has decided not to join the Twitter board. While announcing the development,...

As part of efforts to improve on its services, Chapman’s, believed to be the largest independent ice cream and ice water manufacturer in Canada has announced that it will be...

Amazon is having a rethink on its retail ambitions after years of expansion.  According to reports, the company said it would close all 68 of its physical bookstores, pop-up locations...

China Mobile will stop operations in Canada from January 5, 2022. The decision was made after CMLink, China Mobile's local subsidiary, was ordered to cease operations due to national security...

Emirates Airlines has suspended indefinitely all its flight operations in Nigeria after the federal government withdrew its frequencies approval.  According to reports, the Nigerian Civil Aviation Authority (NCAA) repealed the...

The Central Bank of Nigeria (CBN) has directed microfinance banks that are operating in the rural areas not to overshoot its credit facility to customers beyond N500,000. This was stated...

In an effort to add to available liquidity, telecommunications company, MTN Group, is selling off part of its assets. The company is also abandoning some assets to force out its...

Twitter has announced that its offices in New York City and San Francisco will be closed permanently while the reopening of other offices would be paused in response to the latest...

Egypt's Ministry of Oil has revealed in a statement that four new gold exploration contracts have been signed with Canadian miner, Barrick Gold Corporation. Under the contracts, Barrick Gold Corp will...