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Energy FEATURED Latest TOP STORIES 

Oando contributes $500m in NNPC-Afreximbank oil-backed loan deal

June 7, 2024June 7, 2024 Markets Reporters 0 Comments Afreximbank, NNPC, Oando, Project Gazelle

Oando Plc, a Nigerian energy group, has said it was party to the successful closure of the $925 million facility

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Energy FEATURED Latest TOP STORIES 

Nigeria aims to cut stakes in refineries by 2026

June 5, 2024June 5, 2024 Markets Reporters 0 Comments Nigerian refineries, Refinery rehabilitation

Nigeria, Africa’s top oil producer, is looking to reduce its stakes in state-owned refineries in two years’ time.  The refineries,

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Economics FEATURED Latest TOP STORIES 

Nigeria’s GDP could gain $35bn from global malaria fight – Report

June 5, 2024June 5, 2024 Markets Reporters 0 Comments Malaria, Malaria No More UK, UN malaria target

The GDP of Nigeria could rise by $35 billion if the UN target to significantly reduce malaria by 2030 is met –

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Economics FEATURED Latest TOP STORIES 

Africa’s remittance market seen reaching $500bn by 2035

June 5, 2024June 5, 2024 Markets Reporters 0 Comments Africa remittance market, DAI Magister, Mobile money in Africa

The remittance market in Africa could be worth $500 billion by 2035, with mobile money seen as a game-changer in

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FEATURED Latest Stocks TOP STORIES 

Oando resumes trading on Johannesburg bourse after two-month ban

June 5, 2024June 5, 2024 Markets Reporters 0 Comments Johannesburg Stock Exchange, Oando

Oando Plc, a Nigerian energy group, announced on Wednesday that it had received confirmation from the Johannesburg Stock Exchange (JSE)

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Economics FEATURED Latest TOP STORIES 

Global public debt nears $100trn, spurs call for urgent action

June 5, 2024 Markets Reporters 0 Comments Global debt, UNCTAD

Global public debt reached a historic peak of $97 trillion in 2023, up by $5.6 trillion from the previous year,

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Economics FEATURED Latest TOP STORIES 

[BREAKING] Tinubu agrees to increase proposed N60,000 minimum wage

June 3, 2024June 4, 2024 Markets Reporters 0 Comments Blackout in Nigeria, Labour union strike, New minimum wage

President Bola Tinubu has agreed to increase the proposed new minimum wage of N60,000 after labour unions embarked on an

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Energy FEATURED Latest TOP STORIES 

Blackout: Labour union obstructing national grid recovery, says TCN

June 3, 2024June 3, 2024 Markets Reporters 0 Comments Labour union strike, National grid

The Transmission Company of Nigeria has said the labour union is obstructing the restoration of the national grid. It said

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Energy FEATURED Latest TOP STORIES 

Nigeria faces more blackouts on national grid instability 

June 3, 2024June 3, 2024 Markets Reporters 0 Comments Blackout in Nigeria, Ikeja Electric, National grid

Blackouts have worsened in many parts of Nigeria as the national power grid suffered increased instability.  “We have received multiple

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Economics Latest TOP STORIES 

Flour Mills of Nigeria begins exports to neighbouring countries

June 2, 2024June 2, 2024 Markets Reporters 0 Comments Flour Mills exports, Flour Mills of Nigeria

Flour Mills of Nigeria, a food and agro-allied company, said it had started exporting its products to neighbouring African countries,

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