Skip links


Zimbabwe: Gold Trades Lower

According to Angel Commodities, yesterday, spot gold prices declined by 0,78 percent to close at 1191. On the MCX, gold prices followed the same trend and declined 0,49 percent during the same time frame. Yesterday, spot gold prices declined by 0,78 percent to close at

Africa’s Biggest Exports

A wide range of products are exported from African economies The African continent is endowed with plenty of natural resources that help boost the economic growth of member states. The natural resources in Africa range all the way from gold and diamonds to agricultural products

Eni to build crude oil refinery in Nigeria -oil minister

ABUJA (Reuters) – Italian oil company Eni plans to build a crude refinery in Nigeria with the capacity of 150,000 barrels a day through its Agip subsidiary, the country’s oil minister said on Tuesday. Nigeria has been seeking investment in the sector to reduce reliance on

FG, two firms sign pact on 120mw solar power

The Federal Government has signed a Put and Call Option Agreement (PCOA) with two solar power firms from the 14 firms working to build 1,125megawatts (MW) solar plants in Nigeria. The Managing Director of Nigeria Electricity Bulk Trading Plc (NBET), Mrs. Marilyn Amobi along with

Nigeria sold $6.7bn less crude in 2016 – Report

The total value of crude oil sold by Nigeria between January and December 2016 dropped by $6.7 billion from $40.5 billion in 2015 to $33.8 billion; a comparative analysis of official crude oil lifting values published by the Nigerian National Petroleum Corporation (NNPC) has shown.