Tag: Nigeria

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Nigerians accuse Shell of delay in oil spill London lawsuits

Shell Plc (SHEL.L) is attempting to shield itself from scrutiny over pollution in Nigeria's oil-producing Niger Delta, lawyers representing more than 13,000 Nigerians argued at London's...

Nigeria launches $672 million tech fund for young investors

Nigeria launched a $672 million fund on Tuesday to support tech and creative sectors for young investors who struggle to raise capital in Africa’s largest economy. The...

Shell reports sharp fall in Nigeria oil spills after shutdown

 Shell (SHEL.L) on Thursday reported a sharp fall in oil spilled as a result of sabotage in Nigeria's oil-rich Delta in 2022 reflecting closure of operations...

Shell wins bid to limit suit over Niger Delta oil spill

shell won a bid to limit a British lawsuit over an oil spill off the coast of Nigeria after a judge ruled that a...

Financial crime watchdog adds South Africa, Nigeria to ‘grey list’

International financial crime watchdog the Financial Action Task Force (FATF) on Friday added South Africa to its "grey list" of countries under special scrutiny...

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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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