OpeOluwani Akintayo Lagos — The Nigeria Labour Congress, NLC, has rejected the planned petroleum price increase to N340 per litre.…
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Buenos Aires — Argentina’s government said on Friday the fiscal deficit for the year would be around 3.5%, below a…
Dakar — The International Monetary Fund on Monday said it had agreed a three-year loan programme with Congo Republic worth…
Washington — New IMF research estimates global fossil fuel subsidies at about $6 trillion, with about 70% from “under-charging” for…
*Leading economic indicators have continued to rise, and along with them, so has oil demand – even as global oil…
Abuja — Nigeria let the naira weaken to a record low against the dollar on the official market on Friday,…
Abidjan, Cote d’Ivoire — Following approval of the proposal by the Boards of Directors of the African Development Bank Group…
London — Trafigura has finalised the restructuring of an oil-backed loan to Congo Republic, fulfilling one of the IMF’s conditions…
Lusaka — Zambia paid 8.5 billion kwacha ($400 million) in value-added tax refunds to mining companies last year, the head…
London — Angola has secured three years of payment relief from Chinese creditors and expects to get more than $700…