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Tag: PETROL SUBSIDY REMOVAL

Business / Companies / economics

Ghana’s State-Owned Enterprises: Tackling Mounting Financial Losses

March 14, 2025March 14, 2025 - by Allegra Nguyen - Leave a Comment

Ghana’s state-owned enterprises are facing significant financial losses, with alarming figures presented by Finance Minister Dr. Cassiel Ato Baah Forson. Key institutions like ECG and the Ghana Cocoa Board reported …

Ghana’s State-Owned Enterprises: Tackling Mounting Financial Losses Read More
Companies

Jumia’s Strategic Exit from Tunisia and South Africa in 2024

March 13, 2025March 13, 2025 - by Marcus Chen - Leave a Comment

In late 2024, Jumia exited Tunisia and South Africa due to challenging economic conditions affecting consumer spending. This strategic move leads to a focus on West and East Africa, with …

Jumia’s Strategic Exit from Tunisia and South Africa in 2024 Read More
Companies

Economic Crisis in Nigeria: Over 7 Million Businesses Closed Amidst Downturn

March 11, 2025March 11, 2025 - by Sofia Nawab - Leave a Comment

Over 7.2 million businesses closed in Nigeria under President Bola Tinubu’s government, leading to a reported N94 trillion loss due to multinational divestments. Approximately 30% of the country’s 24 million …

Economic Crisis in Nigeria: Over 7 Million Businesses Closed Amidst Downturn Read More
Business / economics

Reviving Nigeria’s Food and Beverage Sector: Pathways from Economic Decline

March 9, 2025March 9, 2025 - by Sofia Nawab - Leave a Comment

The article discusses the alarming collapse of food and beverage companies in Nigeria, detailing the key causes such as foreign exchange scarcity and poor infrastructure. The high number of business …

Reviving Nigeria’s Food and Beverage Sector: Pathways from Economic Decline Read More
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