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The United States on Tuesday 9th May, said President Muhammadu Buhari’s agenda were in line with its expectations.
The Deputy Director, Office of West African Affairs, Bureau of African Affairs at the U.S. Department of State, Mr Nathan Holt, made …
Continue readingIntegrated Logistics Services Nigeria Limited’s (Intels) dominance of the nation’s oil and gas logistics business at the ports has ended with President Muhammadu Buhari’s approval of a policy review, which guarantees the right of importers to choose terminals or ports …
Continue readingNarrowing the gap between rich and poor is key to avoiding a destructive rise in populism, German Finance Minister Wolfgang Schaeuble said on Saturday as he laid out a plan to boost private investment in Africa.
“If we do nothing …
Continue readingNigeria’s central bank will let the market determine the naira’s rate in a new foreign-exchange window for portfolio investors as the nation struggles to revive its economy amid a dollar shortage.
Governor Godwin Emefiele told senior bankers that he would …
Continue readingAfrican currencies have not fully recovered from the impact of a fall in commodity prices, among other issues that have affected economies in the region in recent times. Several countries in Africa have struggled to maintain the value of their …
Continue readingThe World Bank is injecting 200 million US dollars into Nigeria’s agricultural sector to revitalise its livestock sub-sector. World Bank’s FADAMA Team Leader, Dr. Adetunji Oredipe, disclosed this in an interview, in Abuja, on Wednesday. He said that the World …
Continue readingIn four months, the Economic and Financial Crimes Commission (EFCC) has recovered over 30 billion naira stashed in secret locations across Nigeria. This is a strong indication that the whistle blower policy is working.
Here’s a breakdown of cash recoveries …
Continue readingNigeria’s main airport, the Nnamdi Azikiwe International Airport, in Abuja will be reopened next week after a six-week closure to allow for repair works on the runway.
The head of the government’s digital communications team, Tolu Ogunlesi, confirmed that major …
Continue readingCash-strapped Zimababwe has assented to the payment of school fees by parents using livestock or labour for the schools. Primary and Secondary Education Minister Dr Lazarus Dokora said over the weekend that school authorities should be flexible and not turn …
Continue readingKuwait has signed a new multi-billion dollar contract to supply crude oil and petroleum products to Egypt for three years, the state oil company of the Gulf country said on Wednesday.
The contract provides for shipments of 2 million barrels …
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