The Senate President, Dr. Bukola Saraki, has asked the executive to raise capital from the sale of government assets and other sources to shore up reserves. Senator Saraki made this recommendation as...
Nigerian billionaire Aliko Dangote told CNBC that a wave of asset selling by the government could be the best way to boost Nigeria's recession-hit economy. "I think the real challenge for us is now...
On Friday 19th August, 2016, the Ghana Institute of Governance and Security locked horns with the Africa Centre for Energy Policy represented by Dr. Adam Amin, Natural Resource Governance Institute...
Federal prosecutors in Brazil have asked a judge to file corruption charges against former president Luiz Inacio Lula da Silva. The prosecutors had been investigating whether Lula and his wife failed...
Brazilian federal prosecutors have asked a judge to file corruption charges against former president Luiz Inacio Lula da Silva. The prosecutors had been investigating whether Lula and his wife failed...
The head of Policy Unit at the Africa Centre for Energy Policy (ACEP), Dr. Ishmael Ackah is calling for a legal action that will force the Ghana National Petroleum Authority, GNPC to publish its...
President John Mahama has assured Ghanaians that he will not point accusing fingers at any group or individual concerning the challenges in the power sector but will ensure that it is resolved. He...
Ghana will become energy sufficient by the end of 2017, President John Mahama has said. According to him, with the commencement of work on the Tweneboa-Enyenra-Ntomme (TEN) fields in addition to...
Lagos (AFP) - Nine Nigerian lenders banned this week from foreign exchange trading for failing to remit some oil money into a government account are holding talks with the Central Bank to seek a...
Tanzania, which won the geopolitics battle with Kenya, by snatching away the pipeline deal, has also upped its stake with its gas plant, trying to upstage Mozambique, which is still reeling from...
N-Gas, the main supplier of gas to Ghana's Volta River Authority (VRA), through the West African Gas Pipeline (WAGP), has shut down supply due to the indebtedness of over $166.3 million.
Speaking to...
President Muhammadu Buhari has cancelled his visit to Ogoni land in Rivers state.
The president was scheduled to travel to the state to inaugurate the process of cleaning up the area.
Although no...
President John Mahama, has held bilateral talks with some leading Dubai companies on the sidelines of the Africa Global Business Forum.
They are the Dubai Ports Authority, Emirates National Oil...
Ghana will double crude production by 2017 as offshore deposits being developed by Tullow Oil Plc and Eni SpA start producing oil, Minister of Energy Emmanuel Armah-Kofi Buah said.
Tullow’s TEN...
Ghanaian workers on Jack Ryan rig on the Jubilee Oil Field are on a sit down strike in protest of poor salaries. The rig does exploratory work for Lukoil, the same company whose local and...
President John Dramani Mahama has dismissed assertions that the government sought a bailout from the International Monetary Fund (IMF) due to the failure of its home-grown solutions.
He explained...
