September 12, 2022
Nigeria: Despite Domestic, Global Challenges, 40 NGX Listed Companies Reports Record N6.78trn Revenue
Despite domestic and global macroeconomic challenges, a total of 40 companies listed on the Nigerian Exchange Limited (NGX) announced combined revenue of N6.78 trillion in the half… Read more »
September 11, 2022
Nigeria: NNPCL Loses $700m Monthly to Crude Oil Theft
The Nigerian National Petroleum Company Limited (NNPCL) said the impact of crude oil theft has been affecting its performance, disclosing that it loses 470,000 barrels per day… Read more »
September 09, 2022
Nigeria: Nigeria's Oil Industry Headwinds Worsen, Production Drops to Record Low, 972,394
Nigeria's oil sector challenges appear to be worsening, with production hitting a record low of 972,394 barrels per day in August, according to data obtained from the Nigerian… Read more »
Nigeria: FAAN Boss Calls for Guidelines to Boost Capacity of Cargo Freighting in Nigeria
The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Captain Rabiu Yadudu, has called for guidelines in cargo freighting in Nigeria to help boost the capacity… Read more »
Nigeria: Nigeria Sitting On Multibillion Dollars Unexplored Perishables Exports - Expert
According to the Central Bank of Nigeria (CBN), Nigeria earned N4. 13 trillion from oil and gas exports in 2021, but experts who are versed in export of perishable farm produce… Read more »
September 08, 2022
Nigeria: Oil Price Drops to Seven-Month Low On China Lockdown, Recession Fears
Crude oil prices fell yesterday to their lowest since before Russia invaded Ukraine as COVID-19 curbs in top crude importer China and expectations of more interest rate hikes… Read more »
Nigeria: Peter Obi Meets Okonjo-Iweala At WTO
The presidential candidate of Labour Party, Mr. Peter Obi yesterday met with the Director General of World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala. Read more »
Nigeria: Oil Workers Begin Nationwide Rallies Against Massive Oil Theft Today
Oil workers in Nigeria yesterday declared that they would begin nationwide rallies today in protest against the current massive theft of the country's crude oil and destruction of… Read more »
Nigeria: Nigeria May Begin Supply of More Gas to Europe By March 2023, Says Sylva
Nigeria will be able to send more Liquefied Natural Gas (LNG) to Europe by next winter, Minister of State , Petroleum, Timipre Sylva said on Wednesday at the Gastech conference in… Read more »
Nigeria: Local Oil Refiners Seek CBN, NNPC's Intervention to Address Funding, Feedstock Challenge
Indigenous oil refiners under the aegis of Oil Refiners Association of Nigeria (CORAN) have appealed to the Central Bank of Nigeria (CBN) to create crude refinery intervention fund… Read more »
April 07, 2020
Nigeria: Averting Drug Scarcity in Nigeria
For now, government should remove bottlenecks on drug importation Read more »
January 15, 2017
Africa: 'Trump May Ask Duty-Free U.S. Exports to Africa' - Cohen
Ambassador Herman Cohen was Assistant Secretary of State for African Affairs under George Bush (Snr.) and is now the chairman and CEO Cohen & Woods International, a Washington… Read more »
July 17, 2013
Nigeria: Kenyan President Seeks UBA's Partnership On Development
President Uhuru Kenyatta of Kenya has unveiled plans to make Nairobi an international financial centre and had called on the United Bank for Africa Plc (UBA) to play a pivotal role… Read more »
June 17, 2013
Nigeria: Moghalu - Africa Needs Economic Transformation to Prosper
The Deputy Governor, Financial System Stability of the Central Bank of Nigeria (CBN), Dr. Kingsley Chiedu Moghalu, has stressed that Africa can only prosper through far-reaching… Read more »
September 14, 2011
Nigeria: Country to Overtake South Africa As China's Trading Partner?
Nigeria will soon overtake South Africa as China's biggest trading partner, Nigeria's ambassador to the Peoples Republic of China, Alhaji Aminu Bashir Wali, told THISDAY in… Read more »
June 29, 2011
Nigeria: 'The Nation's Economy May Overtake South Africa by 2025'
Nigeria's economy may reach about $400 billion by the end of the decade and could overtake South Africa by 2025, economist at Morgan Stanley said in a research note. Read more »
November 05, 2009
Africa: More Than 100 Publishers Meet for Lagos Summit
Over 100 newspaper and magazine publishers and broadcasting chiefs from 48 African countries have arrived the country for the two-day African Media Leaders Forum (AMFL) which… Read more »
May 09, 2007
Africa: The Proposed U.S. Africa Command
The plan by the United States government to establish an Africa Command (AFRICOM), though still at the consultation stage is already generating controversies. But their resolution… Read more »
January 08, 2007
Nigeria: 500,000 Jobs Expected From Renewable Energy
National Coordinator, Council of Renewable Energy in Nigeria, Mr Odigha Odiagha, has predicted that exploitation of the country's renewable energy potential could create avenues… Read more »
April 12, 2006
Nigeria: Court Orders Shell to Stop Gas Flaring
A Benin High Court yesterday decided that Shell must stop gas flaring in the Iwherekan community in Delta State, by April 2007. Read more »