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Mar 03, 2019
The Eastern Cape is anxious about possibly losing its R80 billion oil refinery project to Richards Bay in KwaZulu-Natal.   For more than a decade, the initiative, known as Project…
Mar 02, 2019
The prices of crude oil declined on Thursday on the back of a record high production by the United States and weakening factory output in China and Japan.   International…
Mar 02, 2019
Figures from the Central Bank of Nigeria (CBN) has shown that Nigeria earned a total of N5.54 trillion from oil and gas revenue in 2018.   According to the figures,…
Feb 28, 2019
Asian stocks extended declines along with U.S. futures after the U.S.-North Korea summit, where leaders had previously been expected to sign a joint statement, ended abruptly without any ceremony. Korean…
Feb 27, 2019
Nigeria’s benchmark stock index dropped 0.7 percent Tuesday, the most in a week, as election results showed President Muhammadu Buhari building a lead over his main opponent and investor favorite…
Feb 24, 2019
German multinational automotive manufacturing company, Volkswagen plans to produce a record number of vehicles in South Africa. Despite a sluggish economy and other hurdles in the Southern African country, the…
Feb 23, 2019
Botswana and Zambia have signed the agreement of the African Continental Free Trade Area (AfCFTA) meant to create one African market. The country signed the agreement at the just-ended Africa…
Feb 23, 2019
The Federal Government of Nigeria, in its continued clampdown on tax defaulters to shore up its revenue, has demanded a number of foreign oil companies operating in the country to…
Feb 22, 2019
President Nana Addo Dankwa Akufo-Addo on Thursday announced a stimulus package to revamp Ghana’s struggling textile industry. “Our local textile industry has been struggling for years, and many textile companies…
The South African government is forecast to be hit by a tax revenue shortfall of almost R43 billion for the tax year ending next month, Finance Minister Tito Mboweni indicated…
Feb 22, 2019
Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC…
Feb 22, 2019
Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC…
Feb 22, 2019
Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC…
Feb 21, 2019
The Nigerian’s capital market witnessed a rebound on Tuesday with investors gaining N80 billion at the end of trading activities on the floor of the Nigerian Stock Exchange (NSE).  …
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