Newscast - Africa

Newscast - Africa

We bring you various leading news from across Africa, on business, economy, market, and politics. Towards A Profitable Africa.

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Central Bank Of Nigeria Pledges To Protect Rural Nigerians

Central Bank Of Nigeria Pledges To Protect Rural Nigerians

The Central Bank of Nigeria has pledged to protect Nigerians in the unbanked, underserved, and rural areas as it plans to redesign the naira. The apex bank says that it had been collaborating with rel...

14 Marras 202248s

European Union Targets 22 million Ton Annual Gas Import From Nigeria

European Union Targets 22 million Ton Annual Gas Import From Nigeria

European countries are making plans to ramp up gas importation from Nigeria to the tune of 22 million tons per year, providing an opportunity for Africa’s most populous nation to earn revenues. A docu...

14 Marras 20221min

Central Bank Of Nigeria Releases $3.5bn For Foreign Education

Central Bank Of Nigeria Releases $3.5bn For Foreign Education

The Central Bank of Nigeria revealed that Nigeria’s educational sector suffered massive capital flight during the regime of President Muhammadu Buhari. The CBN’s balance of payment statistics, Nigeria...

14 Marras 20221min

US Estimates 200,000 Military Casualties On All Sides

US Estimates 200,000 Military Casualties On All Sides

The most senior US general estimates that around 100,000 Russian and 100,000 Ukrainian soldiers have been killed or injured in the war in Ukraine. Gen Mark Milley, chairman of the US Joint Chiefs of S...

11 Marras 20221min

Elon Musk Sells Nearly $4bn In Tesla Stock

Elon Musk Sells Nearly $4bn In Tesla Stock

Securities and Exchange Commission filings showed that Tesla chief Elon Musk sold nearly $4 billion worth of shares in the electric car company. Musk has been pushing for ways to pay for the massive d...

11 Marras 20221min

Adidas Reduces Profit Forecast After Split From Kanye West

Adidas Reduces Profit Forecast After Split From Kanye West

German sportswear giant Adidas slashed its earnings forecast saying the end of its partnership with rapper Kanye West would cut this year’s net income in half. The group now expects a net profit from...

11 Marras 20221min

Burkina Faso PM Reshuffles Ministers Amid Protests

Burkina Faso PM Reshuffles Ministers Amid Protests

Burkina Faso's transitional prime minister has replaced two ministers, only two weeks after the formation of a new government. The minister for industry and trade, as well as the one in charge of lan...

11 Marras 20221min

Sudan On The Verge Of Splitting Over Power-Hungry Military Leaders

Sudan On The Verge Of Splitting Over Power-Hungry Military Leaders

The leader of a military movement in the country says there is a risk Sudan could split because the current military junta in charge of the country is not ready for a peaceful settlement and want to s...

11 Marras 20221min

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