Oil prices edge up on trade-talk optimism, OPEC meeting
Oil prices inched higher on Monday, extending steady gains from the previous week, with investors awaiting fresh clues over prospects for a trade deal between the United States and China…
Vandals cut Nigeria crude export, revenue: Aiteo cries out
Sustained economic sabotage by vandals on Nigeria’s oil-exporting Nembe Creek Trunk Line (NCTL) has led to significant losses in production, operator Aiteo said on Sunday. Nigeria, Africa’s biggest crude oil…
Konga to break e-Commerce biggest day sales record soon – Chris Uwaje
Africa Chair for IEEE-World Forum on Internet of Things (IoTs), Dr. Chris Uwaje has boldly declared that foremost e-Commerce giant, Konga will beat the record for the biggest single day…
$1m awarded to 10 African entrepreneurs by Jack Ma Foundation Africa Netpreneur Prize Initiative
Jack Ma Foundation has hosted its first annual Africa Netpreneur Prize Initiative (ANPI) grand finale awarding $1 million in prize money to 10 entrepreneurs from across Africa. The…
Global debt to top record $255 trillion by year’s end
Global debt is on course to end 2019 at a record high of more than $255 trillion, the Institute of International Finance estimated on Friday — nearly $32,500 for each…
Border closure: Benin, Niger appeal for the immediate re-opening of Nigeria’s borders, agree to help tackle smuggling
Nigeria and neighbouring countries Benin and Niger have agreed to set up a joint border patrol force to tackle smuggling between the West African countries, they said in a communique…
Road freight in Sub-Saharan Africa goes digital with DHL’s Saloodo!
First international digital road freight platform to be launched in the continent; Provides shippers and carriers a one-stop platform for road freight connections for domestic shipments within South Africa…
Senate calls on NCS to revisit suspension order placed on supply of Petroleum products to border towns
The Senate on Wednesday called for a steady supply of Petroleum products through the identified suppliers and registered filling stations across all Nigeria’s border towns and communities as a temporary…
AfDB Group becomes a shareholder in AFC with $50m in equity
Africa Finance Corporation (AFC), a leading infrastructure solutions provider in Africa, has announced that the African Development Bank Group, AfDB, Africa’s highest investment-grade rated (AAA with stable outlook)…
U.S-China trade deal would help lift ‘dark cloud’ over oil – OPEC
OPEC’s secretary general said on Wednesday a trade deal between the United States and China would boost the global economy and would help lift a “dark cloud” over the oil…