History was made as President Muhammadu Buhari inaugurated the first indigenous refinery in Nigeria, the U.S.$18.5 billion Dangote Petroleum Refinery, in Ibeju-Lekki, Lagos.< Read more »
A German delegation headed by the country's Chancellor Olaf Scholz and President Frank-Walter Steinmeier is visiting four African countries - Nigeria, Tanzania, Ghana and Zambia - ... Read more »
It has been estimated that multinational corporations from the world's wealthiest economies avoid paying taxes on around one-third of their profits from other nations, totalling $1 ... Read more »
The Federal Executive Council has given its approval for a draft policy in the solid minerals sector, which includes oil activities, operational guidelines, regulatory framew Read more »
The government has proposed a U.S.$34 billion budget for 2024, an increase from the U.S.$27 billion budget for Read more »
Ghanaian President Nana Akufo-Addo says West Africa is confronted with a difficult economic, political and social insecurity situation. "Despite the considerable progress made by ... Read more »
An International Monetary Fund (IMF) staff team, led by Stéphane Roudet, mission chief for Ghana, held meetings in Accra from September 25 to October 6, 2023, to discuss ... Read more »
A blast at an illegal oil refinery in southern Nigeria resulted in the death of at least 37 people, including Read more »
The global price of cocoa is spiking due to dwindling cocoa output in West Africa. In September 2023, cocoa futures reached a Read more »
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have agreed to call off a planned strike in protest over rising living costs after the government offered Read more »
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