Nigeria’s Gas Flare Rate Increases to 12% – NNPC The Nigerian National Petroleum Corporation on Wednesday announced an increase of 1.97 per cent in the country’s...
Local Content Compliance in Oil Sector Hits 40% Local content compliance in Nigeria’s oil and gas sector increased from five per cent in 2015 to about...
Power Rejection: Jebba, Kainji Reduce Generation by 416.4MW Kainji and Jebba hydro power plants are cutting down on the quantum of power they generate by about...
Ghana Eyes W’Africa’s Petroleum Hub Ahead of Nigeria While Nigeria has continued to grapple with challenges in the downstream sector of its oil and gas industry...
Coca-Cola Earnings Rise on Cost Cuts Coca-Cola reported a jump in third-quarter profits Wednesday due to lower expenses as it broadens offerings of non-cola drinks to...
Heineken’s nine-month profits rise Dutch brewing giant Heineken on Wednesday toasted bubbling net profits in the first nine months, as growing sales in Asia and the...
South Africa Signals Rising Debt as Ratings Downgrades Loom South Africa forecast higher debt and wider fiscal deficits over the next three years, heightening the risk...
Rand Falls to Six-Month Low as S. Africa Projects Wider Deficits The rand slid to the lowest in more than six months after South Africa forecast...
U.K. Inflation Expectations Jump to Highest Level Since 2013 U.K. consumers’ inflation expectations have started to rise again after steadying in recent months, according to Citigroup....
U.K. Growth Surprise Clears Path for Bank of England Rate Rise The U.K. economy’s surprise acceleration has paved the way for the Bank of England to...