Savannah Petroleum Spuds Fifth Well In Niger Drilling Campaign
10/09/2018Savannah Petroleum PLC said Monday that it spud the fifth well of its Niger drilling campaign. The oil & gas company said that the new well, Zomo-1, as with the.
Author: Akin Alabi - Contributor
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Africa
Minister Sisulu to host Mr Reynders, the Deputy Prime Minister and Minister of Foreign Affairs of the Kingdom of Belgium
10/09/2018The Minister of International Relations and Cooperation, Ms Lindiwe Sisulu, will on Monday, 10 September 2018, receive Mr Didier Reynders, the Deputy Prime Minister and Minister of Foreign Affairs and.
Business & Economy
Investors stake N7b in three banks’ shares
10/09/2018Trading in the shares of United Bank for Africa (UBA), Guaranty Trust Bank (GTBank) and Stanbic IBTC Bank Plc, accounted for N7 billion deals, at the end of last week’s.
Business & Economy
AIICO gets approval to cover agric business
10/09/2018The National Insurance Commission (NAICOM) has given its approval to AIICO Insurance Plc to underwrite agricultural business in the country. The company said it is taking strategic position to be.
Africa
President Ramaphosa to Open Telecom World Conference in Durban
10/09/2018President Cyril Ramaphosa will tomorrow, Monday, 10 September 2018, open the International Telecommunication Union (ITU) Telecom World Conference 2018 at the iNkosi Albert Luthuli Convention Centre in Durban. The conference.
Business & Economy
ITFC to implement $3b framework agreements to support Egypt
10/09/2018The International Islamic Trade Finance Corporation (ITFC) has announced the signing of two new Agreements between ITFC & the Government of the Arab Republic of Egypt represented by the Egyptian.
Business & Economy
China’s engagement in Africa and the EU
10/09/2018The 2018 Beijing FOCAC Summit has crystallized the consensus on creating an “even stronger China-Africa community with a shared future.” The speech of Chinese President Xi Jinping at the opening.
Business & Economy
Central Bank of Nigeria to Float N1.02trn Fresh TBs in Q4’18
10/09/2018The Central Bank of Nigeria (CBN) said it will issue fresh treasury bills (TBs) worth N1.02 trillion in the fourth quarter (Q4’18) to replace maturing TBs of the same amount.
Business & Economy
Kenya Now Among African Countries With Highest Fuel Prices
10/09/2018Kenya has been ranked seventh among African countries with the highest fuel prices, according to Global Petrol Prices. There is a significant difference in the prices of fuel across Africa,.
Africa
Sudan’s President Sacks Entire Cabinet in Bid to Fix Economy
10/09/2018A presidential statement late on Sunday said that the move included a cut in the number of ministries to 21 from 31, Al-Jazeera reported. “President Omar al-Bashir has informed that.