Rhino Resources Namibia and a BP-Eni joint venture have agreed to share a 42.5% stake in a block located in the nation’s offshore Orange Basin, the...
According to a company spokesman on Thursday, ExxonMobil is “optimistic and pushing forward” with its postponed Rovuma liquefied natural gas (LNG) project in Mozambique and anticipates...
The maximum deposit insurance coverage levels for Deposit Money Banks has been raised by the Nigeria Deposit Insurance Corporation (NDIC) on Thursday from N500,000 to N5...
At least two million bank accounts have been closed by different commercial banks in Nigeria following the failure of their owners to update and link them...
This would help the economy, which is getting better after avoiding a debt problem earlier this year. Since the government released a $1.5 billion Eurobond in...
The Manufacturers Association of Nigeria has claimed that in the last 30 years, half of the companies in the biscuit and bakery products business went out...
Nigeria’s presidency said on Sunday that President Bola Tinubu had secured an investment of $600 million from Danish shipping and logistics company, A.P. Moller-Maersk. Nigerian ports...
Amidst the volatility around the Nigerian currency and its foreign exchange market, the Association of Bureaux De Change Operators in the country has revealed plans for...
A tender paper shows that Nigeria is looking for fund managers for a $10 billion diaspora fund to bring in dollars and foreign investment for the...
As a response to its food crisis, the World Bank said on Friday that it would give Malawi $57.6 million in “quick release” grants. “This support...