Economy

By John Ikani Oil prices continued to rise on Monday, with Brent crude nearing $80 per barrel, building on the previous week's significant surge—its biggest increase since early 2023. Concerns about a broader conflict in the...

By John Ikani The Nigeria Content Development and Monitoring Board (NCDMB) and the Industrial Training Fund (ITF) on Friday launched the third phase of their Vocational Skills Programme at the Raw Materials and Research Development Centre...

By John Ikani The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday signed a Memorandum of Understanding (MoU) with the Petroleum Commission, Ghana (PCG) towards developing and deepening local content regulations in Ghana’s upstream petroleum...

By Lucy Adautin The Nigerian government has announced the use of naira for crude oil transactions, following earlier instructions from President Bola Tinubu. This information was disclosed by Wale Edun, the Minister of Finance and Coordinating...

By Enyichukwu Enemanna The military junta in Burkina Faso is considering the withdrawal of mining permits issued to some foreign companies, and is opting to produce more of its own gold, junta leader Ibrahim Traore said...

By Enyichukwu Enemanna President Emmerson Mnangagwa on Wednesday vowed to implement corrective measures to protect the finances of his countrymen after the new gold-backed currency slipped on the black market five months after it was launched....