Shell pauses sale of Nigerian onshore oil assets
Shell (SHEL.L) said on Thursday it had suspended plans to sell its onshore oil assets in Nigeria, complying with a Supreme Court ruling that...
Kenya seals deal for cheaper Saudi fuel
State-owned National Oil Corporation of Kenya will from August start shipping fuel from Saudi Arabia at lower prices than the global rates in the...
Tencent stock falls as Prosus/Naspers to sell shares to fund buybacks
Dutch technology investor Prosus NV PRX.AS, PRXJn.J on Monday announced it will gradually sell down its massive stake in Tencent 0700.HK, reversing a pledge...
Musk makes Dangote’s networth in one day, as Nigerian billionaire loses N105.33bn
Surge in demand for Tesla shares on Tuesday made the Chief Executive Officer of the company, Elon Musk, richer, while Aliko Dangote, a cement...
Nigeria’s apex bank’s policies continues to damage business environment – World Bank
The World Bank has stated that the Central Bank of Nigeria’s (CBN) multiple exchange rates, trade restrictions, and the financing of the public deficit...
Nigerian govt to auction N225bn bond as search for funds continues
THE Nigerian government bonds worth N225 billion would be auctioned today, Monday, June 20, 2022, by the Debt Management Office (DMO) at the primary...
ECOWAS: Gambian economy estimated to grow by 4.7%, say delegates
The Gambian delegates to the ECOWAS parliament have revealed that the country's economy is estimated to grow by 4.7 per cent this year.
The four-member...
Nigeria records $3.5bn FX repatriation in two months
The Central Bank of Nigeria (CBN) has revealed that Nigeria has recorded the sum of $3.5 billion in foreign exchange repatriation from exporters, two...
How Togo is battling inflation, delegates tell ECOWAS parliament
Togo's delegates to the ECOWAS Parliament have revealed that the country is currently battling an eight per cent inflation.
In its report to the parliament,...
ECOWAS: Ghana delegates highlight economic reforms, labour resistance
Ghana's delegates to the ECOWAS Parliament have revealed some of the country's economic reforms in recent times.
The Hon Alexander Kwamena Afenyo-Markin-led eight-member delegates said...