The Federal Government has declared its intention to invest and focus attention on natural gas exploitation in the country.Addressing the 6th Gas Exporting Countries Forum (GECF) Summit in Doha, Qatar, …
A London court will on Wednesday begin to hear a lawsuit launched by Nigeria against U.S. bank JP Morgan Chase, claiming more than $1.7 billion for its role in a …
The United Kingdom (UK) on Monday through its minister for Africa announced the payment of 210,610 pounds (about N120 million) as fraud compensation to the government of Nigeria. This is …
African Oil producers have expressed support for the establishment of an energy bank to facilitate the financing of major oil and gas projects in the continent. The proposed energy bank …
(Bloomberg) — CDC Group, the U.K.’s development-finance arm, will provide a $100 million credit facility to First Bank of Nigeria Ltd. to help support women-owned businesses and small companies in …
(Bloomberg) — Nigerian financial-technology company Tingo Inc is seeking $500 million to expand across Africa partly through acquisitions, Chief Executive Officer Dozy Mmobuosi said. Tingo, which trades over the counter …
Ethiopia has begun generating electricity from the controversial mega-dam that is being built on the Blue Nile. The milestone was reached on Sunday morning when one of the 13 turbines …
(Reuters) – Sasol Ltd’s (SOLJ.J) core revenue for the six months ended Dec. 31 had tripled, the South African chemical substances and gas producer reported on Monday, boosted by a …
UAE-based Fincasa Ventures, one of the leading investment firms, announced that it has entered into a strategic collaboration with Emerging Africa Investments, a financial services firm to accelerate its presence …
The Nigerian Association of Road Transport Owners, National Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum Tanker Drivers (PTD) have suspended their planned strike after an intervention by …