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Mar 22, 2019
The management of Air Peace on Wednesday said it was awaiting the outcome of the investigation of Boeing before making a decision on its planned acquisition of 737 Max aircraft.…
Mar 22, 2019
A new report by the FSDH Merchant Bank has revealed that Nigeria’s balance of payment is still fragile and that it was dominated by transactions in the oil and sector.…
Mar 20, 2019
Nigerian refineries made a total loss of N132.5 billion in 2018, a 39 percent increase from the N95.09 billion loss it incurred in 2017.   According to data from the…
Mar 20, 2019
The Nigerian National Petroleum Corporation (NNPC) has disclosed plans to extend the ongoing Ajaokuta – Kaduna – Kano (AKK) gas pipeline system through the Sahara to North Africa.   The…
Mar 20, 2019
Amidst fears that the Lagos International Trade Fair Complex might be up for sale, the Federal Government has denied such plans.   The government through its privatisation agency, Bureau of…
Mar 20, 2019
It has become costly for expats to live in Nairobi compared to other African cities, according to the latest survey. A report by the Economist Intelligence Unit’s Worldwide Cost of…
Mar 20, 2019
The USA added 64,389 full-time legal cannabis jobs in 2018, according to a new report from Leafly and Whitney Economics. That brought the total number of positions for the year…
Mar 20, 2019
The Nigerian National Petroleum Corporation has revealed that its trading surplus hit N12.13 billion for the month of December 2018.   This was contained in the monthly financial and operations…
Mar 18, 2019
There are indications that crude oil imports from Nigeria could be further threatened with the country’s highest oil buyer, India, signing an agreement to import 0.6 million barrels of oil…
Zimbabwe’s inflation rose to a new 10-year high of 59.39 per cent year-on-year in February from 56.9 per cent in January, the statistics agency Zimstats said on Friday.   Zimstats…
South Africa’s President Cyril Ramaphosa and Zimbabwe’s president Emmerson Mnangagwa arrive for bilateral talks in Harare, Zimbabwe, on Tuesday (March 12 2019). Picture: Philimon Bulawayo/Reuters President Cyril Ramaphosa said on…
Mar 15, 2019
Nigerian President Muhammadu Buhari has given the Nigerian National Petroleum Corporation (NNPC) up till April 30, 2019 to take over the operatorship of the entire Oil Mining Lease (OML)11 from…
Mar 15, 2019
The Nigerian stock market has reverted to its losing trend, after the momentary gains recorded on Wednesday, as investors lost N56 billion at the closed of trading on Thursday.  …
Mar 14, 2019
France signed infrastructure contracts in Kenya worth more than 2 billion euros ($2.26 billion) on Thursday, including a 1.6 billion euro 30-year concession for a Vinci-led consortium to operate a…
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