Ghana is still making preparations to launch a second Eurobond originally due in 2010, Finance Minister Kwabena Duffuor said on Tuesday, stressing that market conditions were not behind the delay.
Three people were killed in central Nigeria on Monday when soldiers opened fire to quell a fight between Christian and Muslim youths over voter registration for April elections, police and witnesses said.
Uganda's shilling looks set to plumb new record lows against the dollar over the next week due to soaring foreign exchange demand from the oil sector, while Kenya's unit should strengthen slightly.
Clashes between political gangs rather than attacks on oil facilities are the greatest threat to Nigeria's Niger Delta ahead of April elections and the long-term security of its oil output depends on much more than who wins.
Shell is putting up four Nigerian onshore oil blocks for auction as the oil major focuses on transferring some assets in Nigeria to local companies, Platts reported on Thursday, quoting sources close to the process.
If statistics is your thing – whether for scholarly work, trivial pursuit, or just to impress a date – you may want to look into the latest edition of the U.S. government’s best-selling reference book: the Census Bureau’s Statistical Abstract of the United States: 2011.
Paris-based telecoms equipment giant Alcatel-Lucent SA and three of its subsidiaries have agreed to pay a combined $92 million penalty to settle a Foreign Corrupt Practices Act (FCPA) investigation into the global sales practice of Alcatel S.A. prior to its 2006 merger with Lucent Technologies Inc.
Fresh religious clashes that broke out in the city of Jos in Central Nigeria on Sunday reportedly killed at least one person while several other have been injured. Many buildings and cars were set ablaze in the violence between Muslim and Christian groups. Police and military units have been deployed to prevent further hostilities by the mobs. The clashes came just a day after three blasts rocked the city killing 32 people. Tensions are escalating as unconfirmed reports are also suggesting that ...
Nigeria has withdrawn charges against former US Vice-President Dick Cheney over a bribery scandal dating from the 1990s when Cheney was chief executive officer of Halliburton Co. (NYSE: HAL).
U.S. drug giant Pfizer (NYSE: PFE) hired investigators to dig up dirt on Nigeria’s former attorney general in order to stop an investigation over a controversial drug trial the company conducted which led to the deaths of eleven children, according to cables released by WikiLeaks.
Crude production from the Organization of the Petroleum Exporting Countries (OPEC) dropped in November by around 70,000 barrels per day (bpd) to 29.1 million bpd, a Platts survey of oil industry officials and analysts showed on Monday.
Federal prosecutors have indicted six people in a $32 million Internet collections scam that has snared 80 lawyers in Pennsylvania, Massachusetts, Alabama and Georgia.
In a ceremony held at the prestigious Ecole Fédérale Polytechnique de Lausanne in Switzerland on October 11, watch-brand Rolex awarded five young entrepreneurs, aged between 18 and 30 years, the first Rolex Awards for Enterprise: Young Laureates Programme.
The FIFA Ethics Committee, on Thursday, banned Nigeria's Amos Adamu and Oceania's Reynald Temarii from voting in the 2018 and 2022 World Cup bids on December 2. The ballot will now go ahead with 22 voters deciding between the nine candidate nations.
Nigeria could report Iran to the UN Security Council on illegal arms shipment, if any sanctions were breached. Speaking to reporters in the capital Abuja, Nigerian foreign minister stated that the consignment originated from Iran, a detail also confirmed by the Iranian government. Iran is forbidden from exporting any weapons from its territory. However, Nigeria is yet to notify the UN on the incident.
