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Indications have emerged that the nation may soon begin to earn less from crude oil as the monthly volume of Nigerian oil imports into the United States dropped to 2.89…
Aug 23,
2018
As part of measures to tackle rising poverty rate in the country, the Federal Governemnt said it had concluded plans to extend its Government Enterprise and Empowerment Programme (GEEP) scheme…
Aug 23,
2018
The total value of capital importation into Nigeria dropped by $790 million in the second quarter of 2018, the largest decline in more than two years when the nation’s economy…
President Muhammadu Buhari on Monday signed an Instrument of Accession to the International Cocoa Agreement (ICA), 2010. The pact was the seventh ICA adopted at the United Nations Cocoa Conference in…
Aug 23,
2018
A foremost African airline, Ethiopian Airlines, has signed an agreement with Zambia’s Industrial Development Corporation (IDC) to invest in the newly established Zambia’s national carrier, Zambia Airways. The latest development,…
Nigeria’s revenue from oil export hit an estimated $26 billion between January and July this year as the price of global oil benchmark, Brent crude, rose to the highest level…
Aug 23,
2018
In recent months, Africa has seen several big announcements of international multi-million-dollar awards to build more inclusive, sustainable economies in the region. Jack Ma’s Netpreneur Award, France’s $76m Africa Start-up…
Aug 22,
2018
There are indications that Nigeria's oil has been over-supplied as 30 unsold cargoes await buyers in the international market. However, an oil market update obtained yesterday showed that the cargoes…
Booking a learners or drivers license test in South Africa has never been the easiest thing in the world. The new online system is sure to change things up. …
South Africa’s Upper House of Parliament, the National Council of Provinces (NCP), on Tuesday approved the controversial National Minimum Wage (NMW) Bill which will be sent to President Cyril Ramaphosa…
Ethiopian Airlines says it has signed a shareholding agreement with Zambia’s main development agency to relaunch the southern African country’s flag carrier at an initial cost of $30 million. …
With the myriads of problems facing the nation’s stock market, stakeholders have expressed divergent views on the relevance of the routine ‘Bell Ringing’ exercise at the Nigerian Stock Exchange (NSE)…
Aug 20,
2018
The Nigerian Welders Association (NWA) has appealed to government to ban importation of finished furnitures as part of efforts to boost production in the country. The NWA Zonal Chairman,…
Aug 20,
2018
Some investors at the Lagos Deep Offshore Logistics Base (LADOL) free zone are still worried about the cost of operations at the zone, and have requested for a more pragmatic…
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