Nigeria’s headline Purchasing Managers Index for the month of May came in at 52.9 points below the previous month's reading of 55.5 although the rate of output price inflation softened in the period. This is according to Stanbic IBTC's PMI report. Gbolahan Taiwo, Regional Economist for West Africa at Stanbic IBTC joins CNBC Africa for this discussion.

Traders, buyers at Mile 12 market bemoan hike in price.

The price of insulin is killing Americans.

The global oil price slump pushed Brent crude below $60 a barrel in London for the first time in more than a year amid concerns over a potential supply glut.

Ford plans to shrink its salaried workforce in North America and Asia by about 10 percent as it works to boost profits and its sliding stock price, a source familiar with the plan told Reuters.

Bellamy's Australia Chairman Rob Woolley resigned following the baby food maker's flawed foray into China and its stock price collapse.

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.

Federal Executive Council Meeting - FG Sets Up Committee To Tackle High Food Price.

Dozens of activists in Sudan have been arrested in the last two days during protests over skyrocketing prices of medications. The increases began earlier this month after the government cut medicine and fuel subsidies in the country.