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MTN in fresh trouble, fined $8.5m over breach of license

Rwanda’s telecom industry regulator has fined MTN Rwanda, a division of South Africa’s MTN Group, 7 billion francs (8.5 million…

High food prices persist despite decline in core inflation in April

The food component of the consumer price index (CPI) released by the Nigeria Bureau of Statistics (NBS) inched up 0.86%…

Nigerian banks see stability returning

* Target manufacturing, agriculture, infrastructure... Nigerian banks are uptick that the economy is past the worst of what most described…

“If you’re hit by cyberattack, don’t pay the ransom,” Europolice warn

European authorities have warned everyone hit by the worldwide cyberattack never to consider paying the ransom. The attack has hit…

Oil rises after Saudis, Russia agree supply cut to be extended

Oil prices jumped 1.5 percent on Monday after the energy ministers of the world's two biggest producers Saudi Arabia and…

U.S. fails to reassure Europe, Japan over ‘Trumponomics’

The United States said on Saturday the world's other rich economies were getting used to the policy plans of President…