Nigeria: Production Commences at Akpo West Field –TotalEnergies TotalEnergies has announced the commencement of production, another tie-back project at Apo West Field, Nigeria, according to an official statement. According to…
Wema Bank Names Kazaure, Opeke as New Board Members Wema Bank Plc has announced the appointments of Mr Yusuf Zubair Kazaure as Non-Executive Director and Segun Opeke as Executive Director…
Sub-Saharan Africa’s GDP to Hit US$4.5 Trillion Euromonitor International has forecast that Sub-Saharan Africa’s gross domestic product (GDP) will double by 2040 from the 2022 figure of USD 2 trillion…
FG Mulls Measures to Reduce LPG Price, Availability The Federal Government says it will implement measures to significantly reduce the price of Liquefied Petroleum Gas (LPG), otherwise known as cooking…
Ministers, CBN, FIRS Pledge to Address High Cost of Living The Minister of Finance, Mr Wale Edun, and the Minister of Budget and National Planning, Atiku Bagudu, have assured Nigerians…
Ethiopia’s Largest Cement Factory to Begin Operation Soon The Lemi National Cement Factory in Ethiopia, the country’s largest of its kind, is to begin production soon, company officials have said.…
Global food prices inflation remains high – World Bank The World Bank declared in its latest Food Security Update report on Tuesday that available data on food prices showed high…
Oil Prices Steady as Blinken Visits Middle East Global prices of crude oil stabilized on Tuesday after sustained decline which started last week. Crude oil fell below $80 over slowdown…
Chinese Yuan Rally after Crackdown on Vicious Selling The yuan, Chinese currency, rose to around 7.21 per US dollar, rebounding slightly from three-week lows as the prospect of more forceful…
Uganda Inflation Rate Rises to 2.8% The annual inflation rate in Uganda rose to a five-month high of 2.8% in January 2024, up from 2.6% in each of the previous…