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Nigeria defends $1.5bn Port Harcourt Refinery rehabilitation amid global backlash

…Approaches Afreximbank for $1bn loan …Argues new refinery costs $7bn – $12bn …Energymix says $2bn builds 100,000bpd refiner …Shell selling…

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Ghana sustains 14.5% interest rate for sixth consecutive time

Zainab Iwayemi   The monetary policy committee, Ghana has again maintained a 14.5 percent interest rate, marking the sixth consecutive…

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Just In: Oil prices slump by more than 3%

Wale Ameen   Oil prices lost more than 3% at the opening trading session of the week following concerns that…

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Finance Ministry gets query over N2.8 billion unaccounted service wide votes

Zainab Iwayemi   The Senate Committee on Public Accounts (SCPAs) has asked the Federal Ministry of Finance to account for N2.8…

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Eko Disco assures free prepaid meter installations as mass distribution kicks off

Onome Amuge   Eko Electricity Distribution Company (EKEDC) has encouraged customers without prepaid meters to apply forthwith, pledging to deliver…

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Opportunities for Nigeria’s plastic waste collectors as Coca-Cola invests $94,000

Mike Ochonma   300 jobs will be created in the waste collectors business following the grant of $94,000 funding from…

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Sugar prices rebound as coffee and cocoa trade lower on ICE

Onome Amuge Raw sugar futures on ICE gained strength on Monday, buoyed by positive indications of harvests in the key…

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Afreximbank, AU move 2nd Intra-African Trade Fair to December 2021

…Covid-19 vaccines roll-out cited for date shift …Inaugural fair recorded $32.6bn concluded deals …Organizers refrain from adducing expected deals  …

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NSC issues deadline, sanction threats to unregistered service providers

Onome Amuge The Nigerian Shippers’ Council (NSC) has issued a one-month registration ultimatum to regulated service providers in the maritime…

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Is Zugacoin Nigeria’s chance to play big in the crypto world?

Wale Ameen The emergency of cryptocurrency with the flagship coin, bitcoin has been nothing short of phenomenal since it was…

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