Inflation rate drops in January – NBS

The National Bureau of Statistics (NBS) on Friday said Nigeria’s annual inflation stood at 11.37 percent…

Baltic states sign agreement for single gas tariff zone

Gas transmission companies in Finland, Latvia and Estonia on Thursday reached an agreement to set up…

43 missing in Niger boat accident

No fewer than 43 people have been declared missing after a boat travelling from Gori-Beri in…

Britain tops capital imports into Nigeria in 2018

The United Kingdom accounted for 35.74 percent of the total capital investment inflow into Nigeria in…

Uganda awaits pipeline, refinery construction to begin oil production

Uganda’s Energy Minister, Irene Mulonion, on Wednesday, said until the landlocked country builds a crude export…

Argentina: EU exempts 8 biodiesel exporters from duties

    The European Union (EU) has granted eight Argentine biodiesel producers zero duties on biodiesel…

Samsung Heavy snubbed offer to buy rival Daewoo – KDB

Korea Development Bank (KDB) on Tuesday said Samsung Heavy Industries declined an offer to take over…

OPEC slashes 2019 oil demand forecast

The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday slashed it’s forecast for world oil…

Kenya rakes in $1.53bn from horticulture exports

Kenya earned KSh153.68 billion ($1.53 billion) from horticulture exports last year, while revenue from the sector…

Nigeria records 2.38% GDP growth in Q4 2018 – NBS

The National Bureau of Statistics (NBS) on Tuesday said Nigeria’s Gross Domestic Product (GDP) grew 2.38…

OPEC doesn’t fix crude oil prices, says Barkindo

In the aftermath of a United States House of Representatives Committee approval of a bill that…

Algeria nets $41bn from exports in 2018

Algeria said it recorded $41.17 billion as the total value of exports in 2018 as against…