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Nov 30, 2018
Oil marketer Libya Oil Kenya Limited (LOKL), which operates under the trade name OiLibya has rebranded to Ola Energy.   The oil marketer said its new brand will be effected…
Nov 30, 2018
In its determination to ensure all the refineries belonging to the Nigeria National Petroleum Corporation (NNPC) begin to perform at full capacity, the Federal Government, Wednesday, said that it would…
Nov 30, 2018
Trump is about to embark on a trip that could end the trade battle with China — or send the US into an economic Cold War.   The future of…
Nov 30, 2018
Nigeria has lost its most valued crude oil buyers, even as its erstwhile gas customers are now competing with it, the Department of Petroleum Resources said on Monday.   The…
Nov 29, 2018
Uber South Africa - which controls 71% of the e-hailing market in South Africa - is considering introducing emergency buttons in cars.     This as Uber drivers face continued intimidation…
Strengthening mechanism for increased internal revenue generation is critical to the expected increased revenue in the non-oil sector, Yue Man Lee, World Bank Senior Economist, has said.   Lee said…
Nov 28, 2018
The Presidency has vowed to recover the $7 billion cash bailout given to commercial banks in the country in 2006 by the Central Bank of Nigeria, CBN.   This was…
Nov 28, 2018
Local licence holder for Starbucks in South Africa, Taste Holdings, has halted any plans to open more outlets of the US coffee chain as it struggles to make ends meet.…
Nov 27, 2018
President Donald Trump seemed ready to escalate the trade war with China in an interview with The Wall Street Journal on Monday.   Trump said it was "highly unlikely" that…
Nov 27, 2018
Bitcoin slid another 4.5% to R52 000 at midnight on Sunday in New York, according to Bitstamp. It recouped most of the losses by 7.50am but remains in the red.…
Nov 26, 2018
Castle Lager - one of South Africa’s most-sold beers - has for the first time been named the 25th most valuable beer brand in the world, competing head-on with the…
Nov 25, 2018
South Africa will invest $1 billion in South Sudan’s oil sector, including in the construction of a refinery, the South African minister for energy and his South Sudanese counterpart for…
Nov 23, 2018
A New Liquefied Natural Gas plant with a capacity of 2,250 tonnes per day has been inaugurated by Greenville Oil and Gas Company Limited in Rivers State.   The plant…
Nov 22, 2018
The Federal Government and the United Nations Industrial Development Organisation (UNIDO) have signed a $60 million new country programme for inclusive and sustainable industrial development in Nigeria for 2018- 2022.…

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