Foreign News

The United States of America (USA) has said that it has no preferred candidate in the forthcoming general elections in Nigeria in February 2019. A political officer in the US Embassy in Nigeria, Mr Phillip Franz, stated this during a visit to Katsina State Government House on Wednesday in Katsina. …

The African Development Bank  in a multidisciplinary team roadshows has presented financial products and investment opportunities to Nordic investors to leverage more access to financing.

    The Board of Directors of the Islamic Corporation for the Development of the Private Sector (ICD)  in its 91st Meeting held on September 3, 2018 approved the  appointment of Mr. Ayman Amin Sejiny, as General Manager (CEO) of ICD. Dr. Bandar Hajjar, the President of IsDB and Chairman of …

  Africa Finance Corporation, the leading infrastructure development finance institution in Africa, announces its successful acquisition of a loan facility from the Export-Import Bank of China (“CEXIM”) of a US$200m 5-year loan and a US$100m 5-year stand-by facility for general corporate purpose. The facility from CEXIM marks AFC’s inaugural financing facility …

   By Yemi Akinsuyi Russian Company, The Arctic, plans to commit a whopping $47.6bn in complex LNG projects at the gas company’s Novatek’s playground, within the Arctic circle. Once fully operational, LNG 2 will be pumping out 18.3m cubic metres of liquid gas a year.

By Prudence Arobani   The escalating trade disputes between the United States (U.S) and China have kept the global markets on their toes with uncertainties pervading the global economy and implications for other countries.

The economies of the South must work together in order to deal with the uncertainties resulting from the current global trade environment, Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), said yesterday in Bali, Indonesia. Speaking during a Panel discussion on “The Growing Importance of South-South Cooperation Amid …

Francophone Africa – The Continent’s Hottest Hospitality Market With 50 % of its Africa deals in 2018 taking place in the Francophone Region, one international operator focussed on the region is the Radisson Hotel Group   Identified as a strategic growth point for major international hotel brands, Francophone Africa has …

In a major announcement at the One Planet Summit, the World Bank Group has committed $1 billion for a new global program to accelerate investments in battery storage for energy systems in developing and middle-income countries. The program is expected to help these countries ramp up their use of renewables …

President Muhammadu Buhari has told Nigerians in the diaspora that his administration has done well in the areas of security, economy and anti-corruption. Buhari, who stated this during an interactive session with a select group of Nigerian professionals based in the United States and Canada, said his administration had delivered …