The African Development Bank’s board agreed to an independent probe of its president, Akinwumi Adesina, after the U.S. rejected an internal investigation that cleared him of allegations of favoritism. Africa’s largest multilateral lender decided on […]
The president of the African Development Bank (AfDB) Akinwumi Adesina has pledged to continue working as he fought back against allegations of corruption and favouritism leveled against him. Anonymous whistleblowers had accused Adesina of embezzlement, preferential […]
The world’s super rich are a whole lot richer than they were two months ago. Twenty five of the wealthiest people on Forbes’ list of the world’s billionaires are worth a whopping $255 billion more […]
After dominating some West African states economy for 75 years, a historic monetary reform is underway, as a bill seeking to end the era of CFA franc has been adopted by the French Council of […]
The National Bureau of Statistics (NBS) has said that the Nigeria’s Gross Domestic Product (GDP) grew by 1.87 per cent year-on-year in real terms in the first quarter (Q1) of 2020. The NBS disclosed this […]
China’s third richest man is a relative new kid on the block, and one of the country’s youngest billionaire entrepreneurs, has emerged the third richest in the country. Colin Zheng Huang, age 40, founded online […]
Johnson & Johnson discontinued its legacy talc-based baby-powder products in the U.S. and Canada after thousands of suits alleging asbestos contamination led to a decline in sales. The health-care giant said Tuesday it had stopped […]
Nigeria’s Vice President Yemi Osinbajo, said the Federal Government has setup palliatives to assist Micro Small and Medium Enterprises (MSMEs) survive the economic fallout of the COVID-19 pandemic. V. P. Osinbajo said that the palliatives […]
The British Prime Minister, Boris Johnson, on Sunday, called on people across the UK, to return to work if they cannot do so from home, as he laid out his vision for gradually restarting the […]
The International Monetary Funds (IMF) on Wednesday approved a $739 million emergency loan for Kenya and $491.5 million for Uganda, totalling $1.2305 billion, as the East African countries deal with the coronavirus pandemic. Both face […]
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