News from across Africa covering business, markets, policy and development in North, West, East, Central and Southern Africa.
The Nigerian Upstream Petroleum Regulatory Commission(NUPRC) has rejected the sale of ExxonMobil’s assets to Seplat Energy as approved by President Muhammadu Buhari. Recall that the President had in a statement …
The Federal Government of Nigeria has presented a letter of consent to Seplat Energy Offshore Limited, a subsidiary of Seplat Energy, for the cash acquisition of the entire share capital of Mobil …
Air Peace, on Monday, announced the suspension of its operations to Johannesburg, South Africa effective from August 22, 2022, due to delayed issuance of South African visas to travellers, worsening …
Nigeria lost N891bn to gas flaring in 18 months. This was disclosed in the latest data released by the Nigerian Oil Spill Monitor, an arm of the Nigerian Oil Spill …
Four officials of the Independent Electoral and Boundaries Commission (IEBC), who were found holding a meeting at the home of a former member of the county assembly (MCA) aspirant in …
Access Bank (Ghana) Plc, one of Ghana’s largest retail banks, has posted a growth of 43 percent in its Profit Before Tax (PBT) as compared to the same period in …
Gold Coast Refinery Limited, the second largest refinery in Africa and first gold refinery in Ghana has been named a certified member of the Responsible Jewellery Council (JRC), an affiliate …
Elon Musk, CEO of Tesla Motors, has challenged Twitter CEO Parag Agrawal to a “public debate” about fake accounts and spam in the amid the legal battle over a $44 billion …
The Lagos Chamber of Commerce and Industry (LCCI) has expressed worry over Nigeria’s rising debt profile and servicing, against dwindling revenue, calling on the Federal Government (FG) to discontinue the …
Zenon Petroleum and Gas Limited has filed a winding-up suit against Prudent Energy and Services Limited, the parent company of Ardova Plc, over $6 million debt. AbdulWasiu Sowami, chief executive …
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