Economy

By John Ikani The Nigerian Content Development and Monitoring Board (NCDMB) in partnership with Siemens Energy has commenced the training of 60 primary school teachers in Bayelsa state. The training being held at the NCDMB headquarters,...

By John Ikani  US inflation eased slightly but remained close to a four-decade high in July, despite cooling energy prices which brought down the annual rate of inflation to 8.5%. July’s figure, while still high, represents...

Nigeria’s House of Representatives is seeking a comprehensive information on claims related to subsidy in petroleum in the oil rich West African nation from 2013 till date, inviting the country's Minister of Finance, Budget and National...

By Enyichukwu Enemanna The last has not been heard about the acquisition of ExxonMobil's shares by Seplat Energy, an indigenous oil company which got a ministerial nod on Monday, following a statement from the presidency announcing...

By John Ikani  Amid the changing dynamics of international politics especially in Africa, the United States yesterday announced a new African Policy to contain the growing influence of China and Russia in the continent. The launch...

By Ebi Kesiena Ghana's finance ministry has expressed disappointment at Standard and Poor's downgrading the nation's sovereign credit rating but stressing that it was determined to quickly emerge from its economic rut. Recall that, the ratings...