French luxury goods giant LVMH is not feeling the post-Covid pinch. The group has released its figures for 2022, which show revenue just below the bar of €80 billion. Meanwhile, shipments of smartphones have dropped to a near-decade low. Finally, we find out about a lawsuit that involves King Charles III and Elon Musk.
8 Sep 2022
Nigerians have spent over N599.11 billion on beer between January and June 2022 despite the downturn in the economy. Beer producers like Nigerian Breweries, Guinness, and International Breweries reported Nigeria's spent N599.11 billion on alcohol consumption between January and June 2022 huge growth in their revenues in the months under review.
31 Jan 2021
The IMF voiced optimism about the global economy, yet emphasized true recovery will depend on mastering the coronavirus pandemic. The institution warned uneven vaccine distribution could hurt emerging markets.
7 Feb 2017
Investors and mining firms are meeting at Africa's biggest industry conference amid a newfound optimism that the uptick in commodity prices could shore up investment after years of downturn.