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Monthly Archives: September, 2020

Nigeria’s state oil company may sell shares under New law

A long-awaited bill that could reorganize the petroleum industry of Nigeria, Africa’s biggest crude producer, makes provision for a possible sale of shares in...

GHANA:Hold on with IPO on Agyapa Royalty agreement – SP tells Finance Ministry

Special Prosecutor, Martin Amidu has called on the Finance Ministry to hold on with its scheduled initial Public Offer (IPO) on the Agyapa royalties...

The world’s top gold mines

Concerns are mounting about whether the world has reached "peak gold" after the price of the commodity soared to a record high last month....

Nigerian Government: Oil Could Become Worthless

Nigeria needs to make the best of its oil wealth before it becomes worthless, the federal government has warned, adding to a growing concern...

Houston firm to pump new life into the oil and gas sector after state loses 40K jobs amid pandemic

It’s no secret that COVID-19 has put the U.S. economy in a serious crunch. The heart and soul of Houston’s economy, the oil and...

Shell to cut up to 9,000 jobs as oil demand slumps

Royal Dutch Shell has said it plans to cut 7,000 to 9,000 jobs as it responds to challenges including the slump in oil demand...

Africa’s ‘lost $836bn through illegal transfers’ through gold etc

Africa lost $836bn (£650bn) in illegal movement of money out of the continent in the 15 years to 2015, a new report by the...

Zeepay partners Visa to drive financial inclusion in Ghana

Zeepay a fast-growing African fintech, has announced a partnership with Visa that will allow Africans in the diaspora to send money directly onto Visa...

The $22 billion railway bringing hope to Canada’s oil province

U.S. President Donald Trump is set to approve a $22-billion freight railway project that will run between Alberta and Alaska to transport a variety...

GHANA:Herald asked to retract alleged false story on Agyapa

Lawyers for Gabby Otchere-Darko, senior partner of the corporate law firm, Africa Legal Associates (ALA), have written to the publishers and editor of the...

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