Nigeria lost more than $400 billion of oil proceeds since 1960
Nigeria has lost more than $400 billion of its oil revenue because of theft or mismanagement since the country’s independence in 1960. The figure was […]
Articles by Steven Addamah
Sudan seeks October gasoil delivery
The Sudanese Petroleum Company is hoping to secure supply for gasoil for the month of October in the spot market according to industry sources due […]
S&P removes Egypt from credit watch rating, confirms rating B
The rating agency Standard & Poor’s has removed Egypt from its watch list and affirmed long and short-term foreign and local currency sovereign ratings on […]
Egypt: Central bank accepts and offers new bonds
The central bank of Egypt has fallen short of its initial objectives to collect 13 billion Egyptian pounds in the seven day repurchase agreements that […]
Liberia: 46 senior officials suspended for not declaring assets
Liberia’s President Ellen Johnson Sirleaf has ordered the suspension of 46 government officials, including her own son, for failing to declare their assets to the […]
Nigerian government starts negotiations with Boko Haram
The Nigerian government said it has started negotiations with the Islamist militant group, Boko Haram, which launched several terror attacks across the northern parts of […]
Egypt: Army receives Sinai militant warning
The Egyptian army’s operation in the Sinai Peninsula to cleanse it off from terrorist after being attacked in the area has provoked a warning from […]
Egypt Gets $2 Bln Loan from Qatar
The newly formed Egyptian government has managed to get a $2 billion loan from the oil-rich emirate of Qatar, the second country after Saudi Arabia […]
Egypt launches cleansing operation in Sinai
Following Sunday’s deadly attack on Egypt’s border with Israel, that left 16 Egyptian border troops dead, Egypt launched on Wednesday an air strike on militants […]
World hails Sudan and South Sudan agreement
World leaders have praised Sudan and South Sudan for the sacrifices they have made to conclude an agreement over the transportation of oil that both […]