Ratings agency Fitch has downgraded the outlook on Nigeria’s long-term debt to B+ following concerns on the west African nation’s economic outlook. Nigeria is experiencing its worst economic...
Oil supplies from OPEC are plunging this month as the group implements production cuts aimed at erasing a global surplus, according to tanker-tracker Petro-Logistics SA. The Organization of Petroleum...
U. S. economic growth slowed sharply in the fourth quarter as a plunge in shipments of soybeans weighed on exports, but steady consumer spending and rising business investment pointed to sustained...
The 2017 Africa Cup of Nations, the continent's biggest football tournament, is taking place in Gabon. But across the country, there is a quiet unease in the background. Support for the tournament...
Oil prices fell Wednesday after reports showed increasing U. S. crude inventories, triggering worries for continued global crude over-supply. The West Texas Intermediate for March Delivery erased...
Lagos (AFP) - Nearly two years after taking office, Nigeria's President Muhammadu Buhari is making good on an election vow to help the poor, deploying a welfare scheme that is gaining traction across...
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City U. S. stock index futures were little changed on Tuesday as investors assessed quarterly earnings reports, while...
This would bring the oil producer group's membership to 14 countries Equatorial Guinea has now applied to join the Organization of the Petroleum Exporting Countries, an OPEC source familiar with the...
Ghana’s revenue from the petroleum sector for the first half of last year dropped by 55 %. The figure declined from US$274.47 million in 2015 to US$126.41 million for the same period last year....
Ghana’s revenue from the petroleum sector for the first half of last year dropped by over 50%. The figure declined from US$274.47 million in 2015 to US$126.41 million for the same period last year....
Ghana’s revenue from the petroleum sector for the first half of last year dropped by over 50%. The figure declined from US$274.47 million in 2015 to US$126.41 million for the same period last year....
A new report has revealed that even though Ghana is experiencing a slowdown after several years of fast-paced commodity-fuelled growth, the country is well positioned for a rebound. Authored by...
Global economic growth is forecast to accelerate moderately to 2.7 percent in 2017 after a post-crisis low last year as obstacles to activity recede among emerging market and developing economy...
Ghana’s push to broaden its economic base by adding value to commodity exports and capitalising on its comparative advantages are explored in a new report just produced by the global publishing,...
Crude prices edged up in early Friday trade following reports that major producers have started cutting production as pledged, strengthening views the global oil glut was ebbing. On the New York...
Asian stock markets rose on Tuesday while crude oil prices languished near three-week lows, with investors uncertain whether output cuts by some major exporters would be enough to offset increasing...
The dollar edged higher on Monday, boosted by robust U. S. wage growth data strengthening the case for more Federal Reserve interest rate increases, while Britain's pound fell on Prime Minister...
Asian stocks cut early gains as investor caution grew before a news conference by President-elect Donald Trump on Wednesday, where his views on global trade and China will be carefully scrutinized...
Nigeria National Petroleum Corporation (NNPC) has revealed the names of the 39 companies that will buy its crude oil during the year. The announcement follows an international call for tenders...
African countries were on a drive to boost infrastructure and road networks on the continent in 2016. Ethiopia made huge strides this year with the inauguration of a new railway line, linking the...
