Despite the open market policy of the Nigerian government on petrol importation, the country’s national oil firm, NNPC Ltd has again become the sole importer of...
Data from Nigeria’s official data authority shows that the total value of capital importation into the country in the second quarter of the year fell to...
Uganda’s petroleum regulator, Petroleum Authority Uganda (PAU), has suspended all operations at the Chinese-operated Kingfisher oilfield. The decision was taken over safety concerns, following a fatal...
Nigeria’s Minister for Steel Development, Shuaibu Abubakar Audu has revealed that plans are on for revival of the moribund Ajaokuta Steel Plant located in Kogi State....
A staff-level agreement over the initial review of a $3 billion loan programme has been reached between the Ghanaian government and the International Monetary Fund (IMF)....
The Nigeria Deposit Insurance Corporation, NDIC, reported that it had distributed around N1.084 billion to 29,573 depositors of over 179 Microfinance Banks (MfBs) and four Primary...
Trade volume between Nigeria and Germany hits €3bn in 2022, according to the German Ambassador to Nigeria, Annett Günther. Günther made the disclosure at a press...
Multilateral body, the World Bank has said that Nigeria’s currency, the Naira, is among the worst-performing currencies in Africa. The bank explained in its report titled,...
Tanzania’s Energy and Water Utilities Regulatory Authority (Ewura) has announced an increase in the prices of petroleum products. The increase, which takes effect from 4th October,...
The Nigerian Senate has advised President Bola Tinubu to send a supplementary budget for the country’s Compressed Natural Gas initiative and cautioned him against engaging in...