Zambia seeks Dangote’s help to develop fertiliser industry
The Zambian Minister of Commerce and Industry, Mr. Chipoka Mulenga, has sought the assistance of the President, Dangote Group, Aliko...
IATA criticises Nigerian govt, as foreign airlines’ trapped funds hit $464m
The International Air Transportation Association (IATA) has condemned the Nigerian government for its handling of repatriation of funds of foreign...
Vessel seized in Equatorial Guinea suspected oil theft from Nigeria worth $300million
The reported seizure of a 3-million-barrel-capacity oil tanker in Equatorial Guinea suspected to be carrying stolen Nigerian crude is validating...
Central Bank of Nigeria reduces external reserves by $337m to defend naira
Nigeria’s external reserves fell to $38.882 billion, as the Central Bank of Nigeria (CBN) pumps foreign exchange into the forex...
Bank of Ghana’s MPC members to hold emergency meeting amid unprecedented currency slump
The MPC members will meet on August 17, 2022, in Accra to discuss pressing issues in the economy. The outcome...
Nigeria Cooking gas price rises by over 100%
The price of household cooking gas known as Liquefied Petroleum Gas (LPG) rose by over 100 per cent year-on-year, the...
President Muhammadu Buhari withholds earlier approval for Exxon Mobil’s asset sale in Nigeria due to regulatory impasse
President Muhammadu Buhari withholds earlier approval for Exxon Mobil’s asset sale in Nigeria due to regulatory impasse President Muhammadu Buhari...
Crude oil prices have tanked to their lowest levels since Russia’s invasion of Ukraine
Oil prices have fallen to their lowest levels since Russia’s invasion of Ukraine on February 24. Recession fears are putting...
Currency traders lose millions as Naira gradually recovers
Some Nigerians who decided to buy dollars with the hope of making big gains have been left to count their...
Nigerian govt approves $2.59bn Badagry Seaport, to compete with Cotonou
The Minister of Transportation, Mu’azu Sambo, has disclosed that the approval to develop the Badagry Seaport has been obtained during...