Economy

By Enyichukwu Enemanna Richard Teng, the CEO of cryptocurrency exchange Binance on Tuesday alleged that Nigeria is setting a dangerous precedent following the detention of its executives who were invited to the African country in a...

By John Ikani Exxon Mobil, Shell, and other oil giants seeking to exit Nigeria's onshore fields can secure swifter approval if they accept responsibility for oil spills, according to the regulator. The companies, including TotalEnergies and...

By John Ikani Shell has announced its intention to offload its majority stake in a local South African downstream unit following an extensive assessment of its global downstream and renewables ventures. The global oil titan's exit...

By Emmanuel Nduka  The Nigerian Government has disclosed that International Oil Companies (IOCs) have proposed transferring 26 oil blocks to local firms, as they are set to begin divestment. The IOCs include Agip Oil, ExxonMobil, EQUINOR,...

By John Ikani The Nigerian government is tightening its grip on the cryptocurrency sector, with a fresh focus on regulating peer-to-peer (P2P) trading within the nation. Reports from local media outlet Punch suggest that the Securities...

By Elie Mutangana, Kigali Fresh investigative report by Initiative for Community Development and Forest Conservation has revealed that Cocoa beans exported from Ivory Coast to European countries originate from deforested land in neighboring Liberia. Authors of...