NNPC indicates 20% stake holding in $15bn Dangote Refinery
The Nigerian National Petroleum Corporation (NNPC) has expressed interest in purchasing a 20 per cent minority equity stake in Dangote
Read More
Economy
Nigeria devalues naira as part of path to single exchange rate
Nigeria’s central bank devalued the naira by 7.6% against the dollar as authorities in Africa’s biggest oil producer migrate toward
Read More
SERAP asks Buhari to Disclose Spending Details of Recovered $700m Ibori loot
The Socio-Economic Rights and Accountability Project (SERAP) has asked President Muhammadu Buhari to direct the Minister of Finance, Budget, and
Read More
Fmr. National Publicity Secretary, PDP says Buhari lacks ‘capacity and competence to lead’, fingers improper economic direction as bane of insecurity in Nigeria
The pioneer National Publicity Secretary of the People’s Democratic Party, PDP, Senator Anietie Okon, has identified lack of well laid
Read More
World Bank to release fresh $150b to support countries in Africa
The World Bank has revealed a spending plan of $150 billion to support Africa in the next five years. Speaking
Read More
Sudan scales final hurdle for debt relief as Macron announced $5 billion cancelation
France will cancel almost $5 billion in debt owed by Sudan to Paris as part of efforts to help the
Read More
Saudi Arabia pushes for sweeping Sudan debt restructuring
Saudi Arabia will press Sudan’s creditors to reach a broad agreement to reduce the African country’s $50 billion-plus debt pile,
Read More
Aliko Dangote Retains Ranking as Africa’s Richest Man
Nigerian industrialist and entrepreneurial giant, Mr. Aliko Dangote, has for the tenth time retained his position as the richest man
Read More
Bayelsa government partners Ibom Air to commence operations at new airport facility
The Bayelsa state government at the weekend, Sunday opened up discussions to partner with its Akwa Ibom counterpart on the
Read MoreDRC amends port concession terms with DP World
Dubai state-owned port operator DP World said on Sunday it had agreed with the Democratic Republic of Congo to amend
Read More