Economy

By Enyichukwu Enemanna At least 12 persons have been feared dead in an explosion at an illegal artisanal crude oil refinery site located in Obiafor 1 and 2, Obrikom area of Ogba/Egbema/Ndoni local government area (ONELGA)...

By Enyichukwu Enemanna Ethiopia on Tuesday failed to make a $33 million "coupon" payment to its only international bondholders, becoming the third African country to default. The African second most populous country had earlier this month...

Libya's Stock Market on Monday commenced trading at a hall in the capital Tripoli, a move coming nine years after it was closed down over political and security concerns. The Prime Minister of the Government of...

By Enyichukwu Enemanna The General Assembly has approved the sum of US$3.59 billion budget for the United Nations for the 2024 fiscal year. It also approved the establishment of a special account to finance the Organisation’s...

By Enyichukwu Enemanna Congo's Hydrocarbons Minister Bruno Jean-Richard Itoua says his country is committed to collaboration with the Organization of the Petroleum Exporting Countries (OPEC). The assurance on Saturday comes days after neighbouring Angola decided to...

By John Ikani Nigeria is currently in the process of securing ownership of two banks, which were reportedly acquired at a significant discount by the Former Governor of Nigeria's Central Bank, Godwin Emefiele. The disclosure comes...