Business Hilights

Tracking Nigeria's Headline Business News Online

Akinwunmi Adesina

Post COVID-19: Africa’s growth stands to rebound to 3% in 2021—AfDB

Governments and development partners must respond in a more coordinated, targeted, and rapid manner to be effective in limiting impact; An additional 49 million Africans could be pushed into extreme poverty by the pandemic and its aftermath; West and Central…

Expansion of Africa’s ‘Big 5’ to drive Africa’s economic outlook 2020—AfDB

“For the first time in a decade, investment expenditure rather than consumption accounts for more than half of GDP growth; report calls for urgent investment in education and infrastructure for good returns in long-term GDP; “Youth unemployment must be given…

Mara Smartphone
ICT

Mara Group unveils first African-made smartphone at AIF 2018

African high-tech player, Mara on the last day of 2018 Africa Investment Forum (AIF) in South Africa, announced the production of their newest product, the Mara smartphone; the first made-in-Africa, full-scale smartphone. Mara Corporation is an African Group headquartered in…

Adesina opens up on how his policies as Minister spurred Dangote to invest $1bn in rice

Former Minister of Agriculture and Rural Development and current president of the African Development Bank (AfDB), Dr. Akinwunmi Adesina revealed what happened on his happiest day in office as Minister of the federal Republic of Nigeria. Speaking at the Mo…