PetroSA is taking steps to end a legacy of mismanagement and continuing annual losses as it plans a project with TotalEnergies , according to its interim chairman. The state-owned oil …
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AfricaAFRICA NEWSBusinessEconomyNewsNigeriaWestern Africa
Buhari presents N20.5tr Budget, says it was prepared amid challenging economy
President Muhammadu Buhari on Friday, presented the 2023 appropriation bill to a joint session of the National Assembly in Abuja. According to the president, the 2023 Budget was prepared amidst …
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AfricaAFRICA NEWSAgricultureBanking, Finance & InvestmentBusinessEconomyNewsNigeria
ASA 2022: Sterling Bank, Microsoft others to unlock $1trn
Sterling Bank Plc has announced plans with her partners, Leadway Assurance, Nestle Nigeria Plc, Microsoft Nigeria, Thrive Agric, GIZ, Stears Data among others, to unlock $1trillion in Africa’s agricultural sector, …
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A Delaware judge ordered a halt to Twitter Inc’s lawsuits against Elon Musk on the eve of trial to give the billionaire time to finance his $44 billion takeover of …
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Rating agency, Moody’s has downgraded Ghana’s long-term issuer and senior unsecured debt ratings to Caa2 from Caa1 and placed the ratings on review for downgrade. The rating downgrade to Caa2, …
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AfricaAFRICA NEWSBusinessNewsNigeriaTechnologyWestern Africa
Nigeria poised to improving global competitive index, establishes six tech centres
The Federal Government of Nigeria is focusing on improving the country’s competitive index in the global market following the establishment of six technology centres across the country, according to Mr …
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The Federal Executive Council (FEC) has approved a N19.76 trillion 2023 budget proposal for presentation to the National Assembly on Friday by President Muhammadu Buhari. Femi Adesina, special assistant to …
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AfricaAFRICA NEWSBusinessEnergyINVESTMENTNewsSouth AfricaSouthern Africa
South Africa submits new climate plan to win $8.5bn for coal switch
South Africa has submitted to some of the world’s richest nations a revised plan for how it will spend a proposed $8.5 billion to help it transition away from coal, …
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AfricaAFRICA NEWSBusinessGlobal NewsINVESTMENTNewsSouth AfricaSouthern AfricaTechnologyWestern Africa
Google to establish its first African cloud region in South Africa
Google on Wednesday announced its intent to establish a new Google Cloud region in South Africa – its first on the continent. This was made known at the second Google …
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AfricaAFRICA NEWSBusinessNewsNigeriaOil & GasWestern Africa
Oil theft: Nigeria deactivates 395 illegal refineries
The Nigerian National Petroleum Company (NNPC)Limited on Tuesday said it has deactivated 395 illegal refineries in its efforts to curb oil theft in Nigeria. Mele Kyari, Group Managing Director, NNPCL, …