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.
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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.
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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.
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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.
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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.
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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.
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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,.
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Business & Economy
IFAD to invest $53m in Rwanda’s agricultural sector
09/09/2018The International Fund for Agriculture Development (IFAD) will grow its investment in support to Rwanda’s agriculture to about $53 million in 2019-2021 from about $45 million in the 2016 –.
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Business & Economy
Nigeria signs $10bn agreements in China — Presidency
09/09/2018The Presidency said on Saturday that Nigerian delegation, led by President Muhammadu Buhari, to the just-concluded Forum on China-Africa Cooperation summit in Beijing, China, signed 13 deals worth $10bn. It.
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Business & Economy
Bank of Industry secures $500m facility for modular refineries
09/09/2018The Bank of Industry has signed a memorandum of understanding with the Export-Import Bank of China for the provision of a $500m facility towards the establishment of modular refineries in.
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