The N15 trillion (about $36.5bn) Infrastructure Company Limited (InfraCo), created by Nigeria’s federal government to bridge the nation’s huge infrastructure gap is to take off in the third quarter of
Authorities in Zimbabwe say the country’s economy will lose up to $25 million if the ongoing riots in South Africa continue for another week. That’s according to Takunda Mugaga, president of the
The Nigerian government on Monday pledged its renewed commitment to full compliance with the country’s crude oil production quota, which it pegged at 1.554 million barrels per day in June.
[bc_video video_id=”6263366778001″ account_id=”6116119081001″ player_id=”default” embed=”in-page” padding_top=”56%” autoplay=”” min_width=”0px” playsinline=”” picture_in_picture=”” max_width=”640px” mute=”” width=”100%” height=”100%” ] General Manager of the Radisson Blu Anchorage Hotel Lagos, Ahmed Raza, is optimistic about the
The Central Bank of Nigeria (CBN) has stressed the need for the mobilisation of private sector funding to redress the country’s 22 million housing gap. The Deputy Governor (Economic Policy)
The Nigerian National Petroleum Corporation (NNPC) recorded a total shortfall of $1.2 billion in the financing of its priority projects between January and May 2021, latest data from the national
[bc_video video_id=”6263256841001″ account_id=”6116119081001″ player_id=”default” embed=”in-page” padding_top=”56%” autoplay=”” min_width=”0px” playsinline=”” picture_in_picture=”” max_width=”640px” mute=”” width=”100%” height=”100%” ] General Manager of the Radisson Blu Anchorage Hotel Lagos, Ahmed Raza explains how the Covid-19
[bc_video video_id=”6263257304001″ account_id=”6116119081001″ player_id=”default” embed=”in-page” padding_top=”56%” autoplay=”” min_width=”0px” playsinline=”” picture_in_picture=”” max_width=”640px” mute=”” width=”100%” height=”100%” ] General Manager of the Radisson Blu Anchorage Hotel Lagos, Ahmed Raza explains how the Nigerian
Israel has said it will begin seizing cryptocurrency accounts used by the Palestinian Hamas group to raise money for its armed wing. Israeli Defence Minister Benny Gantz ordered security forces
Aviation Minister, Senator Hadi Sirika, has disclosed that local air passengers in Nigeria who suffer flight delays at the airport for two hours or more are entitled to a refund
Petroleum engineer and politician, Yabagi Sani, reacts to 30% of NNPC profits going to frontier basins exploration. Watch the interview for more… [bc_video video_id=”6262872170001″ account_id=”6116119081001″ player_id=”default” embed=”in-page” padding_top=”56%” autoplay=”” min_width=”0px”
The Nigerian government has moved to freeze and recover N1.8 trillion, some $4.36bn from accounts of South African companies, MultiChoice Nigeria Limited and MultiChoice Africa. The country’s Federal Inland Revenue
International Oil Companies (IOCs) operating in Nigeria on Wednesday rallied behind the Petroleum Industry Bill (PIB) passed by the National Assembly last week, describing it as a watershed in the
The meeting of the Joint Committee of the ECOWAS Parliament holding in Ouagadougou, Burkina Faso has cautioned against the use of cryptocurrencies as a mean of exchange and commerce. The
Ever Given, the giant container ship that blocked the Suez Canal for six days in March is finally resuming its voyage after the ship’s owners and insurers clinched a compensation
About 400,000 barrels of crude oil is lost daily to theft, according to data from the federal government. The Minister of Environment, Mr. Mohammed Abubakar, at a town hall meeting
The single biggest ransomware attack yet continued to bite Monday as more details emerged on how a Russia-linked gang breached the exploited software company. The criminals essentially used a tool
The Organisation of Petroleum Exporting Countries (OPEC) on Thursday failed to agree on whether or not to keep crude oil output at current levels or open the taps for a
Donald Trump’s namesake company and longtime financial chief pleaded not guilty on Thursday to what a New York prosecutor called a “sweeping and audacious” tax fraud, arising from a
Oil prices edged higher on Thursday, supported by lower U.S. inventories, as investors waited for a decision from key producers on whether they would maintain or reduce supply cuts in
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