The Nigeria National Petroleum Corporation (NNPC) is planning through its joint venture  partners  to resuscitate  the  moribund 700 megawatts Agura...

CBN plans to offer $100 million in currency forwards on Monday to be delivered within the next 60 days, traders...

Oil fell as U.S. drilling continued to rise, undermining the potential for even an extended OPEC output-reduction deal to rebalance...

For the second time in three months, Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission, is rejected...

In 2010, Nigeria, the giant of Africa and the most populous black nation, was rated as having the “happiest people...

Retired Col. Hameed Ali was sitting gently on his sofa and watching TV on August 27, 2015 when some news...

Take-off grant for Maritime University in Delta state, licensing of illegal refineries, revamping of pipeline contracts, and fixing abandoned projects...

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on...

GreenWish Partners, a Paris-based independent power producer, will invest $280 million to build solar-power plants in Nigeria that are expected...

Ethiopian regional officials are demanding that foreign cement producers including Dangote Cement Plc hand control of some parts of their businesses...