Shell has been ordered not to sell any assets in Nigeria until a decision is made on the company’s appeal of a nearly $2 billion fine…
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Transportation Minister, Hon. Chibuike Amaechi has revealed that Nigeria stands to generate about $360 billion from the Lekki deep seaport in 45 years once the project…
Equity Bank group, led by Kenyan James Mwangi, is offering extensive assistance to boost the private sector in the six East African countries in which it…
An unidentified armed group attacked a civilian convoy and its military escort in western Ethiopia on Sunday, and 53 people died as a result, a national…
Adeniyi Adebayo, Nigeria’s Minister of Industry, Trade and Investment, says the country’s Free Economic Zones (FEZs) have attracted investments worth $20 billion in 30 years of…
Comair’s planes were grounded indefinitely on Sunday by South Africa’s civil aviation regulator due to safety complaints, affecting customers of Kulula and British Airways as well…
BP and Eni have announced a merger of their Angola oil and gas operations, creating a firm called Azule Energy. Azule Energy holds stakes in 16…
No fewer than 11 African countries will bear the brunt of the fallout of the Russian/Ukraine crisis by any continuing halt to Ukraine’s grain exports caused…
A UN official said Ukraine would repatriate troops and equipment involved in UN peacekeeping missions in Africa and Europe in response to Russia’s invasion. More than…
The rising prices of crude oil following the Russia-Ukraine conflict, coupled with exchange rate instability in Nigeria, have led to higher petroleum product prices across the…