Goddy Ikeh
Springfield Exploration & Production and its partners on the West Cape Three Points Block 2 – namely, the Ghana National Petroleum Corporation (GNPC) and GNPC Exploration & Production Company – have successfully completed appraisal well test activity at the Afina discovery. Situated offshore Ghana, the appraisal well revealed positive production flows, signaling increased crude output for the country.
The Africa Finance Corporation (AFC) the continent’s leading infrastructure solutions provider, today announced its role as Global Coordinator, Lead Co-Arranger, Underwriter, Bookrunner, and Guarantor in the successful syndication of an up to €2 billion facility for Bank of Industry (BOI), Nigeria’s largest and most impactful development finance institution.
Burundi prosecutors requested a 12-year prison sentence for journalist Sandra Muhoza, who has been detained for seven months on charges of undermining the integrity of Burundi’s national territory and inciting ethnic hatred.
The Nigerian equity market recorded a decline of N185 billion in one week as the All-Share Index and Market Capitalisation dipped by 0.33 per cent and 0.31 per cent to 97,506.87 and N59.11tn respectively.
The management of Lekki Port LFTZ Enterprise Limited (LPLEL), Lekki Freeport Terminal, and Lagos Free Zone have announced the launch of COSCO, ONE (Ocean Network Express), and ZIM alliance services at the Lekki Deep Sea Port.
Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC) has revealed the recovery of an estate in the Lokogoma District of Abuja, measuring 150,500 square metres and containing 753 units of duplexes and other apartments.
The price of OPEC basket of 12 crudes stood at $72,45 a barrel on Friday, November 29, 2024, compared with $71.82 the previous day, according to OPEC Secretariat calculations.
The National Inland Waterways (NIWA) has confirmed that the boat accident that occurred in Niger state in northern Nigeria at the weekend claimed more than 22 lives.
The Nigerian Government has signed a Memorandum of Understanding (MoU) with France to promote and diversify the critical mineral value chain in the solid minerals sector.
Ethiopian Airlines, the largest network operating carrier in Africa, is excited to announce the resumption of passenger flights to Liberia’s capital, Monrovia, effective on November 30, 2024.