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FG seeks states cooperation for mining sector boost

By news desk The Minister of Mines and Steel development, Arch. Olamilekan Adegbite, has explained that cooperation between federal and state governments would play a vital role in developing mining sector and attract international…

IMF approves Angola’s $247m loan request for reform

By News Desk The International Monetary Fund (IMF) has approved the second tranche of a $247 million loan to be paid to Angola under its Extended Fund Facility following a review of the southern African oil producer’s progress under the…

FG sets fresh conditions for border re-opening

By News Desk Weeks after shutting the land borders to its neighbours, the Federal Government has set fresh conditions that must be met before the borders could be reopened. The conditions were set yesterday when the Federal Government…

Africa spends $35bn annually on food importation- ECA

By News Desk Counsellor for Economic Cooperation at the Germany Embassy in Abidjan, Benjamin Laag, has condemned the huge funds spent annually by Africans on food importation. Laag stressed the continent is blessed with vast agriculture…

China Car manufacturer mulls assembly plant for Lagos

By Olawale Abdul-Fatah Following the visit of Lagos State Governor, Babajide Sanwo-Olu, to the headquarters of Guangzhou Automobile Group (GAC Motors) in China, the company has concluded plans to visit the state and establish a vehicle…

South African Airways on brink of collapse

By News desk South African Airways (SAA) has nearly no cash left and may miss salary payments this month, a board member said on Wednesday, as a crippling six-day strike has pushed the state-owned airline to the brink of financial…