Nigeria "at forefront" of push to freeze oil production levels...
10 Mar 2016
Nigeria's state-run oil and gas firm to split into 30 companies...
7 Mar 2016
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...
Ademola Adenle 19 Jan 2016
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 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 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
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
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
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
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
Sanlam says it has R3bn in discretionary capital that is earmarked for growth opportunities mainly in Africa and South-East Asia.
Phakamisa Ndzamela 6 Jun 2014
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 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.
Ray Ndlovu 24 Dec 2013
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
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