Business & Economy

The Japan International Cooperation Agency (JICA) and the African Development Fund (ADF), the concessional arm of the African Development Bank Group (AfDB), has signed a loan agreement of 73.6 billion...

Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, has said virtual assets and cryptocurrencies are risky for implementation in Nigeria. According to him,...

Ethiopian Airlines on Wednesday announced the appointment of a new traffic and sales manager for Abuja, the Nigerian capital. She is Senait Ataklet, who joined the airline in 2002 and...

The governing board of the Natural Resource Governance Institute has announced Suneeta Kaimal  as the new president and chief executive officer of the independent non-profit organization. Kaimal, currently NRGI’s interim president and...

Gabriel Mbaga Obiang Lima, minister of mines and hydrocarbons of Equatorial Guinea, and Timipre Sylva, Nigerian minister of petroleum resources, on Tuesday met at the presidential palace in Malabo in...

Teodoro Obiang Nguema Mbasogo, Equatorial Guinea’s head of state, has officially inaugurated Cameroonian oil operator, Tradex’s first service station in his country after nine months of construction work. This is...

The Federal University Lafia has moved closer to having a teaching hospital, as the senate on Tuesday deliberated on a bill that seeks to establish the tertiary health institution in...

The Tony Elumelu Foundation’s $100 million entrepreneurship support programme, which was launched in 2015 to empower 10,000 entrepreneurs over 10 years, has already hit 90 percent of its set target...

The OPEC Fund for International Development (the OPEC Fund) has signed a $50 million loan with Tanzania to finance what it called the “Fourth Tanzania Poverty Reduction Project”. OPEC says...

Nigeria has failed to reach its 2020 revenue performance target, despite receiving huge oil revenues within the projected period. The Africanscholar can report that the federal government income projections missed...