African countries’ oil reserves are unevenly spread across the continent. While a handful of countries dominate production and reserves, others sit on relatively small volumes of crude that play only a minor role in their economies.

No fewer than 25 million Nigerians require humanitarian assistance annually, the  Minister for Humanitarian Affairs and Poverty Reduction, Dr Bernard Doro, says. The News Agency of Nigeria (NAN) reports that the minister stated this on Friday in Calabar at the maiden edition of the National Council on Humanitarian Affairs and Poverty Reduction. The minister further […]

By Folarin Kehinde, Abuja The Abuja Chamber of Commerce and Industry (ACCI) has warned that the renewed enforcement of the ban on alcoholic beverages packaged in sachets and small bottles could threaten over five million direct and indirect jobs and put about ₦800 billion in investments at risk. President of ACCI, Chief Emeka Obegolu, SAN, […]

Gold prices surged beyond $5,000 per ounce for the first time on Monday, extending a historic rally driven by escalating geopolitical tensions, uncertainty around global monetary policy, and renewed demand for safe-haven assets: a surge with major implications for gold-producing countries in Africa.

Alexander Zverev said Carlos Alcaraz shouldn’t have been allowed a medical timeout for apparent cramp in their marathon semi-final Friday — but does not want it to overshadow “one of the best battles ever” at the Australian Open.