Equinor Sells Nigerian Business to Chappal Energies in $2.85 Billion Deal
Norwegian energy company Equinor has finalized the sale of its Nigerian business, including its 53.85% ownership…
Procter & Gamble Announces Plan to End On-Ground Operations in Nigeria, Shift…
Consumer goods giant Procter & Gamble (P&G) has revealed its intention to dissolve on-ground operations…
Banks with International Authorization Show Capital Adequacy Ratio Below…
According to the second-quarter report on financial soundness indicators released by the banking regulator, some…
NNPC Signs Agreements for LNG Projects, Targeting Domestic and International…
The Nigerian National Petroleum Company Limited (NNPC) has announced the signing of two significant agreements…
Nigeria Signs Bilateral Air Services Agreement with Kuwait, Explores Similar Deal…
The Federal Government of Nigeria has taken a significant step to strengthen trade, tourism, and economic ties…
Kenyan Court Allows Official Receiver to Seize Cytonn Properties in Liquidation…
The High Court in Kenya has granted permission for the official receiver to take control of three properties in…
Bearish Market Conditions Deter Three Companies, Including Credit Bank, from NSE…
The persistent bear market on the Nairobi Securities Exchange (NSE) has led three companies, including Credit…
Ghana Revenue Authority Denies Acquiring US$75 Million Loan Amidst Parliamentary…
The Ghana Revenue Authority (GRA) has strongly refuted claims made by MP Isaac Adongo that it accessed a US$75…
MTN Ghana CEO Selorm Adadevoh Appointed Chief Commercial Officer of MTN Group
Selorm Adadevoh, the Chief Executive Officer (CEO) of MTN Ghana, has been appointed as the Chief Commercial…
Namibia’s Central Bank Maintains Policy Rate Amid Projected Inflation…
Namibia's central bank has opted to keep its policy rate unchanged at 7.75%, citing anticipated inflation…
Nigeria’s Foreign Reserves Dip by $4.07 Billion in 11 Months, Hits $33…
Nigeria's foreign reserves experienced a substantial decline of $4.07 billion in the first 11 months of 2023,…
Sovereign Wealth Funds Face Challenges in Scaling Climate Investments Despite…
Sovereign wealth funds, controlling nearly $12 trillion in assets, encounter significant hurdles in rapidly…
World Bank President Urges Record Funding for IDA to Meet Growing Demands
World Bank President Ajay Banga has called on member countries to make the next replenishment of the…
Nigerian President Orders Probe into Deadly Military Drone Attack in Kaduna”
Nigeria's President Bola Tinubu has ordered a comprehensive investigation into a military drone attack over the…
Unprecedented Wealth Transfer: Over 1,000 Billionaires to Pass Down $5.2 Trillion…
An extraordinary wealth transfer is on the horizon, as the UBS Billionaire 2023 report reveals that more than…
Mastercard Foundation Africa Growth Fund Expands Portfolio with Strategic…
The Mastercard Foundation Africa Growth Fund has achieved a significant milestone by making strategic investments…
Controversial Pricing Shift Raises Concerns Over Nigeria’s Oil Revenue…
The Nigerian National Petroleum Corporation (NNPC) is implementing a contentious shift in how it prices its crude…
Increased Fuel Prices Lead to Soaring Interstate Travel Costs for Nigerian…
Holidaymakers in Nigeria, especially those travelling from major cities like Abuja and Lagos to their country…
Soaring Diesel Prices Hit Container Haulage, Threaten Christmas Shopping in…
As the Christmas season approaches, shoppers in Nigeria face the threat of struggling to purchase goods due to the…
EFCC Presents N76.586 Billion Budget to House Committee, Citing Need for Vigilance…
The Economic and Financial Crime Commission (EFCC) defended a budget of N76.586 billion for the next financial…
Senate Summons Nigerian Ports Authority Over Terminal Operators’ $1.85…
The Senate Public Accounts Committee has summoned the Nigerian Ports Authority (NPA) to provide explanations for…
Mounting Pressure on NNPC as December Deadline for Port Harcourt Refinery Nears
With only 26 days remaining until the end of December, the Nigerian National Petroleum Corporation (NNPC) faces…
Nigeria’s Trade Surplus Hits 5-Year High Amid Naira Devaluation
Nigeria's trade surplus has reached its highest point in five years and three months, driven predominantly by the…
COP28 President’s Controversial Stance on Fossil Fuels Sparks Outcry
Sultan Al Jaber, president of the COP28 Climate Summit, has ignited controversy by dismissing the scientific…
Sharp Surge in Dollar Inflow Through CBN: July 2023 Economic Report”
In July 2023, the Central Bank of Nigeria (CBN) witnessed a substantial surge in dollar inflow, marking a notable…
Nigeria Inks Deal for 1 GW Solar PV Manufacturing Plant to Revolutionize Energy…
In a significant move to enhance its energy landscape, the Federal Government of Nigeria has entered into an…
Meta’s 2Africa Subsea Cable Misses Landing Deadline in Nigeria, No New…
Meta's 2Africa subsea cable project, eagerly awaited in Nigeria, has failed to meet its November landing deadline…
UK Announces Stringent Measures to Curtail Legal Migration Amid Record Figures
The United Kingdom has unveiled plans to significantly reduce the number of migrants arriving through legal…
Moody’s Warns of Negative Outlook for Banks in 2024 Due to Global Economic…
Moody's, the credit rating agency, has issued a cautionary outlook for banks in 2024, citing sluggish global…
Oil Prices Stabilize Amid OPEC+ Uncertainty, Middle East Tensions, and Weak U.S.…
Oil markets experienced stability on Tuesday, marked by a delicate balance of factors such as uncertainties…