Browsing Tag
west african business
41 posts
Nigeria’s inflation rate hits 11.85% in November 2019
Nigeria’s inflation rate has increased for the third consecutive month. With a 0.25% jump, it moved from 11.61% in…
AfDB approves $210 million loan for Nigeria’s power sector
The AfDB funded project will run across seven states and will improve the capacity of power grid where it is most constrained
Gold mine output in Burkina Faso decline with Jihadists attacks
Recent raids at gold mines in Burkina Faso reduce mine activities owing to insecurities of investors, expats and mine workers
Nigeria’s state oil firm awards crude oil swap deals to 15 firms
The awarded oil firms include Vitol, Trafigura, oil major, BP and local downstream companies
Nigeria plans crude oil exports contract renewal with Indonesia
Nigeria is Africa’s biggest crude producer and the oil industry is the mainstay of the continent’s biggest economy
Cocoa industry stakeholders accept Ghana, Ivory Coast price
The two nations had threatened to stop selling their products to buyers unwilling to meet a minimum price
AfDB, Portugal and Cape Verde sign Lusophone Compact
The deal aims to accelerate private sector development in Portuguese-speaking countries of Africa
Ghana receives $200 million World Bank support
The fund is meant to drive the Ghana Economic Transformation Project (GETP)
Nigeria’s 1.97mbpd June volume highest since 2015
Nigeria’s production rose to 1.97 million barrels per day (mbpd) last month, up from the 1.69mbpd quota under the cut agreement
MTN, Orange Cameroon to face $160 million fine
The Telecommunications Regulatory Agency says MTN and Orange are also accused of tax evasion