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Stakeholders in the oil and gas sector have called for proactive fiscal policy in the petroleum industry to fast track investment and infrastructure development in the country.
The Nigerian National Petroleum Corporation (NNPC) has explained the parametres for employment as well as career progression in the corporation, using the recently concluded Graduate Trainee employment process as well as top Management promotion exercise executed by the corporation as an illustration.
South Africa’s central bank has temporarily prohibited the use of debt issued by the Land Bank as collateral after the state agricultural lender was downgraded deeper into junk status and missed $2.7 billion in loan repayments.
South Africa’s central bank (SARB) said on Friday it would reduce overnight repo auctions to one per day from the two it has held since early March to inject liquidity into the banking system amid the coronavirus pandemic.
South African Airways has announced that it will continue to honour its flight obligations to cargo and evacuation flight customers all through this month.
Gross reserves also increased, to $53.003 in April from $52.458 billion previously. The forward position, representing the central bank’s unsettled or swap transactions, decreased to a balance of $592 million in April after a positive balance of $631 million previously.
South Africa will soon start developing a plan for a new 2,500 megawatt (MW) nuclear power plant, the energy ministry told lawmakers on Thursday.
South African private sector activity fell to a new record low in April, a business survey showed on Wednesday, as company closures due to a nationwide coronavirus lockdown led to a collapse in demand.
The expansion of South Africa’s auto industry is central to the government’s economic development strategy but the coronavirus crisis has forced carmakers into survival mode and could push ambitious growth plans out of reach.
Africa’s wealthiest man, Alhaji Aliko Dangote ended 2019 with a total worth of $14.8 billion, representing an increase of $4.3 billion from the $10.3 billion recorded in 2018, according to Bloomberg’s Billionaires Index released recently.
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) is providing Agro Traders Limited, a Cocoa processing and export company in Ondo State, with 50% Credit Risk Guarantee (CTG) for N2 billion working capital to export 22,000 metric tons of cocoa.
The Nigerian National Petroleum Corporation (NNPC) has consolidated on its operational performance with a trading surplus of ₦17.16bn in the month of April, 2018.
Nigeria’s crude oil has helped Indonesia achieve energy sufficiency, the Head of Economic Affairs of the Indonesian Embassy, Dwiyatna Widinugraha, has said.
Youths in Enugu State under the aegis of Concerned Youths of Enugu State (CYE), have given reasons why they will never contemplate attacking the Spiritual Director of Adoration Ministries, Enugu, Nigeria (AMEN), Rev. Ejike Mbaka.
A rights group has called on celebrities and politicians across the states of the federation, to prevail on youths involved in ongoing invasion of warehouses and private residences.
The Lagos State Government has rescinded its earlier decision giving a go ahead to private schools in the state to reopen after it relaxed the curfew occasioned by the hijacking of the #EndSARS protest by hoodlums.
The Senate has queried the Joint Admission Matriculation Board (JAMB) over N7.3 billion contracts scandal.
This was announced on Twitter by Jubril Gawat, Special Assistant to Governor Babajide Sanwo-Olu on New Media.
Kwara State Governor, Abdulrahman Abdulrazaq, has condemned the looting of palliatives stored at the Agro-Mall in Ilorin, the state capital.
Former Germany international Andre Schurrle has labelled Tottenham boss Jose Mourinho “a brutal guy” and recalled how the Portuguese manager's approach to coaching destroyed his confidence while at Chelsea.
Kepa Arrizabalaga has been ruled out of Chelsea's trip to Manchester United but Frank Lampard has said Petr Cech will not be drafted in as the Blues eye a long-awaited Premier League win at Old Trafford.
Bauchi State Governor, Bala Mohammed, has narrated how his Chief of Staff, Ladan Salihu, opened the warehouse which stores COVID-19 palliatives in the state for hoodlums.
Chelsea goalkeeper Edouard Mendy admits he almost quit the game after being released by French Third Division Cherbourg.