Tag: Nigeria

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Nigeria’s naira hits record lows, stocks sink

The Nigerian naira fell to record lows on both the official and unofficial markets on Monday, while stocks posted their biggest one-day fall in...

TotalEnergies looks to exit Nigerian onshore oil, following Shell

 French energy giant TotalEnergies, opens new tab is seeking to sell its minority share in a major Nigerian onshore oil joint venture, following Shell's,...

Nigeria’s Dangote refinery gets 1 mln barrel crude cargo from NNPC

Nigeria's new $19 billion Dangote oil refinery has received 1 million barrels of oil from state-owned oil company NNPC Ltd, its second crude cargo...

TotalEnergies pledges $6 billion in Nigeria oil, gas investments

TotalEnergies reaffirmed its commitment to business interests in Nigeria, the French company said, adding that its head Patrick Pouyanne had met Nigeria President Bola...

Nigeria needs to curb inflation, stabilize forex to boost growth, says World Bank

Nigeria still needs to control inflation and stabilise its foreign exchange market following currency reforms and the removal of a petrol subsidy, the World...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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