Most Recent World News

Nigeria: “Mining Investors Get Tax Holidays, Duty Waivers” – FG

According to Dr. Kayode Fayemi, The Nigerian Minister of Mines and Steel Development, The Federal Government of Nigeria is offering tax holidays and duty waivers on imported mining equipment to.

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CBN Boosts Naira, Inject $250mln into FX Market

The Nigerian Naira gains momentum as the sum of $250 million was injected into various segments of the interbank foreign exchange market on Tuesday by the Central Bank of Nigeria.

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Rosgeo Signs $400mln Gas Drilling Deal with South Africa’s PetroSA

Russian exploration company, Rosgeo on Monday at a meeting in Xiamen, China, signed a $400 million gas drilling deal with PetroSA, a South African oil company, to help in sustaining.

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BREAKING: Nigeria Out of Recession as Q2 GDP Grows by 0.55%

According to reports made available on Tuesday morning, September 5 by the Nigerian National Bureau of Statistics (NBS), the Nigerian economy has officially climbed out of the 5 – quarter long.

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BREAKING: South Africa Officially Out of Recession

South Africa – The largest economy in Africa has officially climbed out of the effect two quarters of contraction which led to a recession in June this year. According to a report.

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China Begins $5.8 Billion Hydropower Plant Project In Nigeria

All is now set to commence the building of a new hydropower station by the China Civil Engineering Corporation in the eastern Mambilla region of Nigeria. The project worth $5.8.

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South Africa: Government to Merge Three Private Owned Airlines

South Africa’s government has taken into consideration the idea of merging three state owned airlines into one entity. The government plans to give a 25 percent stake of the holding.

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Mali: Hummingbird Resources to Improve Gold Output at Year End

Hummingbird Resources, a mining company said on Tuesday that it had begun work on its Yanfolila Gold Project in Mali and will be producing its first gold by the end.

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Zambia: Glencore MCM Contests Increase in Electricity Tariffs

Zambian President Edgar Lungu has told Glencore’s Mopani Copper Mines (MCM) unit to accept the increase in the price of electricity caused by the removal of state energy subsidies, his.

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“Africa Holds Greatest Agricultural Potential” – Holsether

Africa holds 65% world’s arable land, 10% fresh water – UNEP (United Nations Environment Programme) Also, Svein Tore Holsether, President, and Chief Executive Officer of Yara International and agro-allied company.

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