Thursday, June 18, 2026
Profit vs. Equity: The knotty 10% question in a Hostcom Bill
The Petroleum Host and Impacted Communities Bill currently undergoing legislative enactment proceedings at the National Assembly has become vexatious and...
Read moreDetailsKenya joins league of oil exporting countries, flag-off export on Sunday
Kenya exported its first shipment of crude oil on Sunday, joining Uganda as the only two East African nations to...
Read moreDetailsAfrican economy needs more usage of Chinese yuan, financial expert says
There has been a general consensus among some eastern and southern African countries that there should be more usage of...
Read moreDetailsMixed reactions trail South Africa’s $227/month new minimum wage
The introduction of a new minimum wage in South Africa has elicited mixed reactions from several unionists in the country. South...
Read moreDetailsAnalysts attribute slower pace of manufacturing PMI on slowed growth in new orders, WIP inventory
The Manufacturing PMI in the month of May grew at a slower rate compared to the index in the previous...
Read moreDetailsMigration plays key role in structural transformation, development of Africa’s economy, report shows
African migration could boost growth and positively transform the structure of the continent’s economy, according to UNCTAD’s 2018 Economic Development...
Read moreDetailsNigeria grows tax revenue by 51% in 2017 on aggressive policies, VP says
Yemi Osinbajo, Nigeria's vice president, said Thursday that the federal government's tax revenue increased to 51 percent year-on-year in 2017...
Read moreDetailsBarclays Africa plans listing on the Nigerian Stock Exchange in July
Barclays AfricaBarclays Africa plans to join the Nigerian Stock Exchange in July and is exploring opportunities in three other African...
Read moreDetailsNigerian stocks lose steam as year-to-date gain moves to negative region on currency, country risks
Nigerian stocks continued their downtrend Thursday, recording negative year-to-date (YTD) gain as currency and country risks influenced investors to move...
Read moreDetailsNigeria’s Forcados outages register in OPEC’s May production as cartel’s output hits 13-month low
A force majeure on Bonny Light crude exports by Shell in Nigeria, as well as delays in crude loading at...
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Economic carnage of misusing ex parte orders in Nigerian courts