According to humanitarian workers, over 300 young children were rescued from an orphanage in the capital of Sudan after being confined inside while combat raged
Category: Africa
Nigeria’s NNPC owing consortium over $2b, winding down crude oil swap contracts, now free for all. – CEO
According to the chief executive of Nigeria’s state-owned oil company, NNPC Ltd, private companies may start importing gasoline as early as this month. NNPC Ltd
EU in a bid to wean itself off China turns to African countries for critical mineral deals.
An EU official said on Wednesday that the EU is in talks with the Democratic Republic of the Congo, a major supplier of battery minerals,
Forex scarcity forcing multinationals to shift focus to African suppliers.
In his home Nigeria, cassava is a staple crop, and Busari Kasali used to worry that it might deteriorate before it reached the market. The
Nigeria’s NNPC to boost oil production with $2.1b investment in OML 130 by Total and CNOOC.
The government-owned oil corporation of Nigeria, NNPC Ltd, announced on Thursday that it has renewed a production-sharing agreement with Total, China National Offshore Oil Corp.,
Nigeria’s Buhari issues $1.18b promissory notes to pay off court judgments.
President Muhammadu Buhari, who is leaving office, stated in a public letter asking for parliament’s consent that Nigeria has issued debt instruments worth $1.18 billion
Nigeria to spend $12b to clean up Bayelsa oil spills caused by Shell and Eni – report.
According to a new assessment released on Tuesday, Nigeria will need $12 billion over the course of 12 years to clean up decades-old oil spills
Debt-ridden Ghana to get a lifeline of $3b IMF loan after Paris Club debt restructuring.
The Paris Club announced on Friday that the official sector creditors of Ghana have established a committee for debt restructuring discussions that would be co-chaired
UK Supreme Court awards Shell victory on the 2011 oil spill off the Nigerian coast.
On Wednesday, the UK Supreme Court ruled that it was too late for Nigerian claimants to file a lawsuit against two Shell companies over an
Nigeria’s debt to hit $172b as Senate approves 40-year tenure for CBN’s $52b FGN loan.
According to minutes of the meeting from Wednesday, the Nigerian senate has granted President Muhammadu Buhari’s request to convert 23.7 trillion naira ($52 billion) in
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