Heads of State of the five East African Community partners yesterday signed the protocol on the establishment of the East African Common Market.
Campaigners from fifty countries from around the world meeting in Montreal, Canada to strategise on pushing further the frontiers of transparency in oil, gas, and mining industries, have blamed opacity in oil and mineral licensing for the bad deals natural resource-dependent countries are often saddled with.
The Italian company, Eni SpA (E) is looking at a large amount of Tullow Oil confidential data as part of its due diligence process for buying a stake in Uganda's oil ventures.
THE legal action instituted against Bayer CropScience AG by farmers in the United States for allegedly contaminating their farms with Genetically Modified (GM) rice seeds in 2006 is a further confirmation of the validity of tests carried out on rice samples collected by the Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) in Nigeria and other West African countries within the ...
A former Finance Minister in the previous administration of the New Patriotic Party (NPP), Mr. Yaw Osafo-Maafo has lauded the National Democratic Congress (NDC) government's decision to re-introduce the duty tax on importation of rice and other staple foods into the country. He has, however, cautioned the government to support local production to avert possible shortages.
As Muslims brace up to observe the feast of Eid -Ul-Adha, commonly known as Tobaski, some private companies in the business sector have been deploying all types of marketing strategies with a view to luring potential customers to buy their products.
The governor of Central River Region (CRR), Alhaji Ganyie Touray, accompanied by a high-powered delegation, on Wednesday, November 18, visited the ongoing construction work of the new Brikama-ba market in the Lower Fulladou District, CRR South.
On October 16th 2009, University of Oxford's Prof. Paul Collier gave a talk at Serena Conference Centre in Kampala on the prospects of an oil windfall for Uganda. Below we produce a slightly edited version of his speech.
Tullow Oil Plc, the U.K. explorer with the most licences in Africa has appointed Standard Chartered Plc to sell up to half its stakes in two Ugandan oil fields, the Sunday Times of London has reported.
The onslaught unleashed on customs duty evaders by the Nigeria Customs Service has revealed some oil majors as among the individuals and organisations that may have been depriving the federal government of customs duty revenue.
The government of The Gambia through the Ministry of Trade, Industry and Employment and the United States embassy in Banjul as well as Trust Bank Limited and Eco Bank Limited, yesterday signed a Memorandum of Understanding (MoU) to promote bilateral trade and investment between the two countries.
Abia state government has stated that it has not entered into any business deal with an American lady, Mrs. Miranda Nwadieyi, who had alleged that she was short-changed in a contract to supply the state government 1, 500 units of Chevrolet cars valued at N3.3 billion after paying a contact fee of N11.8 million.
The Nigeria Customs Service has lifted the suspension placed on First Bank from customs duty collection. Our correspondent learnt from NCS officials that the Comptroller General of Customs Dikko Abdullahi gave the directive when he received a delegation of First Bank Plc who paid him a courtesy call in Abuja yesterday.
VOLKSWAGEN (VW) SA said yesterday it planned to export 55000 new-generation Polos next year to destinations such as the US, Ireland and Malaysia from its flagship plant in the Eastern Cape.
United States Ambassador to Nigeria, Ms Robin Renee Sanders has said that the outcome of the 2010 gubernatorial election in Anambra State would be a key indicator of how Nigeria would carry out future elections.
