Most Recent News

Mozambique may become world’s third largest gas producer

Mozambique has the potential to be the world’s third largest producer of natural gas, after Qatar and Australia, but needs to secure between US$20 billion and US$25 billion dollars in.

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Opinion: Banking Africa’s Unbanked – Time For A Reality Check

By Vahid Monadjem, CEO of Nomanini  Plenty of progress has been made on increasing the size of Africa’s banked population. The trouble is, from the amount of noise that is.

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Nigerian Government records N1.3tn revenue shortfall in three months

The persistent drop in oil prices and low receipts from non-oil sources may have led to a N1.31tn shortfall in revenue accruable to the federation in the first three months.

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Pics: Meet the 4 Nigerians contesting for a seat in UK’s Parliament

Four Nigerians will be contesting for a seat in the United Kingdom’s parliament today May 7th. They are Chuka Umunna (left), Kate Osamor (right) Helen Grant and Chi Onwurah. Three.

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World Bank approves $200 million for regional electricity transmission

THE World Bank Group’s Board of Directors has approved $200 million support for a regional transmission network to enable electricity trade among the western African countries of The Gambia, Guinea,.

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Jonathan Celebrates Five Years In Office

President Goodluck Jonathan today May 6, marked five years since he took over the mantle of the nation’s leadership. He was sworn in on 6 May 2010 by the Chief.

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Africa’s richest man Aliko Dangot, Expresses Interest in Buying Arsenal Football Team

Africa’s richest man Aliko Dangote has once again expressed his desire to buy English Premier League football team Arsenal. According to Bloomberg Business, reports that he had made plans to.

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New York Pension Fund to Invest At Least $5 Billion in Africa

The New York State Common Retirement Fund, one of the largest U.S. Pension funds and worth about $180 billion, plans to invest as much as 3% of its assets in.

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East Africa’s Tallest Building? China Plans To Build It

The Commercial Bank of Ethiopia has signed an agreement with the China State Construction Engineering Corporation to build a 198-meter (649.6 feet) building for the bank’s headquarters in Ethiopia, expected.

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Dangote Group Plans To List On London Stock Exchange

The president of Dangote Group, Alhaji Aliko Dangote, has said his company would be ready to list on the London Stock Exchange by next year. Dangote was quoted as saying.

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