Nigeria’s Capital Inflow Drops by 7.8% in Q3, 2019 The total value of capital imported into the Nigerian economy in the third quarter of 2019 stood...
South Africa Faces Weak Economic Growth Without Reform – IMF The International Monetary Fund (IMF) has said Africa’s second-largest economy South Africa faces a long period...
Saudi Arabia Exports More Oil to China in October Saudi Arabia exported more crude oil to China in the month of October, data from China’s General...
Oil Companies to Seek Approval Before Sacking Employees In an effort to protect Nigerian workers, the Federal Government has reviewed the Regulation of the Petroleum (Drilling...
Allen Onyema Denies Fraud Allegations Allen Onyema, the founder and CEO of Air Peace, has denied fraud and money laundering allegations levied against him by the...
Allen Onyema, Air Peace CEO, Indicted for Fraud, Money Laundering in US The United States Department of Justice on Friday indicted Allen Ifechukwu Athan Onyema, the...
Ethiopia Holds Referendum for Sidama People Africa’s second-largest nation, Ethiopia, will announce the results of the referendum held for the creation of a new regional state...
FG to Start Port Harcourt-Maiduguri Rail Project The Federal Government has commenced negotiations for the construction of Port Harcourt-Maiduguri rail project, Rotimi Amaechi, the Minister of...
Refinery: Reps to Probe $396m Spent on Maintenance The House of Representatives unanimously agreed to probe the $396.33 million spent on maintaining three petroleum refineries in...
Nigeria Spends Over $600m On Cassava Importation Annually The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said Nigeria spent over $600 million on...