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Nigeria and Rusal Settle Battle Over Aluminum Smelter Ownership

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FEBRUARY 1, 2018 - Nigeria reached an out-of-court settlement with United Co. Rusal Plc over the sale of the Aluminium Smelter Co. of Nigeria,...

Kenya:The European Investment Bank (EIB) extends a USD 40 Million financing...

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THUR, FEB 1 2018-theG&BJournal-The European Investment Bank (EIB) today agreed a new US $ 40 million financing facility with I&M Bank Ltd that will...

Africa Energy Forum to be hosted in Mauritius for 20th anniversary...

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  THUR, FEB 1 2018-theG&BJournal-The annual Africa Energy Forum (Africa-Energy-Forum.com) will celebrate its 20th birthday by inviting the international energy community to Mauritius for the...

Exxon Mobil Corporation declares first quarter dividend

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THUR, FEB 1 2018-theG&BJournal- The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of $0.77 per share on the...

No super commissioner in my cabinet-Sani-Bello

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THUR, FEB 1 2018-theG&BJournal- Niger State Governor, Alhaji Abubakar Sani-Bello on Wednesday said there is no favourite or super Commissioner in his administration, insisting...

Africa Prudential revolutionises registrar services, launches “Personal Registrar USSD *4018#

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THUR, FEB 1 2018-theG&BJournal- In line with its determination to dominate and redefine the landscape of registrar service delivery in the country, Africa Prudential...

Nigeria’s Corn Output Expected to Fall 7% on Pests, Rising Imports

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FEBRUARY 1, 2018 - Nigeria’s corn output for the 2017-18 season will probably decline by as much as 750,000 metric tons due to the...

Nigeria sells longer term treasuries at higher yield to draw funds

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LAGOS, FEBRUARY 1, 2018 - Nigeria raised 252.88 billion naira ($827 mln) at a treasury bill auction on Wednesday as investors piled demand into...

NNPC calls for private investment to help build pipelines

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LAGOS, FEBRUARY 1, 2018 - The head of Nigeria’s state oil company called on Wednesday for private investment to help the group repair and...

Airtel backs out of 9Mobile acquisition

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FEBRUARY 1, 2018 - India’s telecommunication giant, Bharti Airtel, operating in Nigeria as Airtel Nigeria has reportedly dropped its desire to acquire the debt...