Oil prices could drop by as much as $15 per barrel should countries such as Libya restore production and sanctions on Iran…
Business
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Nigeria and Singapore have sealed talks on opening up direct air links between both countries and leveraging on each others competitive and…
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African Development Bank, AfDB, has invested N3.2 billion in Nigeria’s new infrastructure private equity fund, ARM-Harith Infrastructure Fund. AfDB said the gesture…
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Revenue earned by Nigeria this year may be as much as $12 billion short of budget estimates as theft of crude and…
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The Board of Directors of the African Development Bank (AfDB) has approved an additional US $10 million equity investment in Atlantic Coast…
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Eni is facing growing problems in Africa as social unrest in the resource-rich continent escalates to threaten production targets on a continent…
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Ecobank Transnational Incorporated, ETI, has said its chairman, Mr. Kolapo Lawson, will step aside from the bank with immediate effect, while he…
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Sub-Saharan Africa’s economic growth is expected to increase to six per cent in 2014, from five per cent this year. The growth…
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Leaders of the 15-nation Economic Community of West African States (ECOWAS) agreed on Friday to implement a single customs tariff regime from…
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US District Judge Katherine Forrest has ordered a controversial Nigerian businessman, Jimoh Ibrahim, to pay over $10 million for failing to meet…
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The Central Bank of Nigeria (CBN) says it has suspended its Wholesale Dutch Auctions (WDAS) to check money laundering in the foreign…
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The Central Bank of Nigeria (CBN) said it has revoked the licence of 20 Bureau De Change (BDC) companies for foreign exchange…
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The World Bank Board said it has approved a $300 million credit to boost Nigeria’s efforts to provide affordable mortgages for middle-income…
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Any operators of failed Microfinance Banks involved in feraudulent practices will be handed over to the Economic and Financial Crimes Commission (EFCC),…
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Leading African businessmen Tony Elumelu and Edward Boateng were amongst those that received accolades at the African Business Awards 2013. The exclusive…