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Nigeria "at forefront" of push to freeze oil production levels

Nigeria "at forefront" of push to freeze oil production levels...

10 Mar 2016

Nigeria to split up state-run oil firm

Nigeria's state-run oil and gas firm to split into 30 companies...

7 Mar 2016

Nigeria needs investment to increase its renewable energy output

Energy remains one of the main constraints for economic growth in Nigeria. The lack of reliable access and irregular power supply is a persistent problem affecting businesses across the country. It also discourages foreign investors...

By Ademola Adenle 19 Jan 2016

Nigeria minister sees emergency OPEC meeting in March

Nigerian oil minister Emmanuel Ibe Kachikwu said on Tuesday, 12 January, that he expects an extraordinary meeting of the OPEC oil cartel in "early March" to address nosediving crude prices...

13 Jan 2016

Nigeria LNG exports reach USD85bn in 15 years

Nigeria Liquefied Natural Gas Company Limited (NLNG), a joint venture between the government and foreign oil majors, has generated some $85bn from exports since its inception 15 years ago, the company announced late Friday, 19 June...

22 Jun 2015

Erin Energy commences production at Nigerian oil well

Erin Energy Corporation, an oil and gas exploration and production company, announced on Thursday, 18 June 2015, it had commenced production from the Oyo-7 well in Nigeria...

19 Jun 2015

Lighting up Nigeria, a crucial challenge for new president

Ileowo Kikiowo owns a small media company in Nigeria's frenetic, financial hub of Lagos and like any business around the world, it depends on electricity to stay afloat...

18 Jun 2015

Shell declares force majeure on Nigeria crude exports because of leaks

Anglo-Dutch oil giant Shell has halted crude exports from a key terminal in southern Nigeria because of a leak in a supply pipeline, a spokesman said on Thursday, 7 May...

11 May 2015

Nigeria's state oil firm needs complete overhaul, audit says

A government-ordered audit into Nigeria's powerful state oil company found that it needs to be completely and urgently overhauled, after corruption scandals and suspect spending have tarnished its reputation...

30 Apr 2015

Could Africa become like China?

Africa's changing demographic over the next three-and-a-half decades could transform the continent into the next China, but only if its youthful population is educated and entrepreneurial.

By Jana Marais 19 Aug 2014

Postive results likely from US-Africa summit says Davies

South Africa and Africa in general benefitted immensely from the recent US-Africa Leaders' Summit held in Washington last week, Trade and Industry Minister Rob Davies said on his return.

13 Aug 2014

Africa must look for partnerships

Africa needs to form partnerships with the developed nations in order to realise the continent's goal to industrialise, International Relations and Cooperation Minister Maite Nkoana-Mashabane said .

By Chris Bathembu 5 Aug 2014

Sanlam looking to invest in Africa, South-East Asia

Sanlam says it has R3bn in discretionary capital that is earmarked for growth opportunities mainly in Africa and South-East Asia.

By Phakamisa Ndzamela 6 Jun 2014

Nigeria announces gas export landmark

LAGOS: Africa's largest oil producer Nigeria on Tuesday, 7 January 2014, exported its milestone 3,000th liquefied natural gas cargo since it began operations in 1999, Nigeria LNG Limited (NLNG) said.

9 Jan 2014

Zimbabwe takes heart from Antwerp trial sale of gems

Zimbabwe is planning a second auction of its Marange diamonds next February‚ buoyed by the interest in and sale of more than 279‚000 carats of diamonds in Antwerp‚ Belgium. The sale raked in US$10.7m.

By Ray Ndlovu 24 Dec 2013

Barloworld plans Africa expansion

Barloworld is targeting six sectors to boost the growth of its business and is busy positioning itself "o expand into west and east Africa‚ according to company chief executive Clive Thomson.

By Nick Hedley 20 Nov 2013

Zuma calls for increased trade between SA, DRC

President Jacob Zuma says South Africa and the Democratic Republic of Congo (DRC) must explore ways to stimulate trade and investment between the two countries.

31 Oct 2013

Bowman Gilfillan to increase of offices in Africa

South African law firm Bowman Gilfillan‚ which established an office in Botswana in October‚ is moving quickly to implement a medium-term strategy to have between 8 and 12 offices across Africa.

By Evan Pickworth 28 Oct 2013

SA among slowest growing African economies

Growth in SA will continue to lag that of other African countries‚ with the latest African Development Bank African Economic Outlook report released on Wednesday (7 August) listing the country among the 10 that will record the slowest growth this year.

9 Aug 2013

Africa is a target for Citibank

Citibank is expecting to grow revenue in Africa as it sees opportunities in increased trade and investment‚ urbanisation and digitisation.

By Gillian Jones 26 Jul 2013

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