Most Recent Articles by

Elizabeth Williams

Vale To Pay $2.5 Billion To Settle Liabilities In Mozambique Mine Corridor

Miner Vale SA will settle in advance liabilities of around US$2.5 billion related to the project finance for the Nacala logistic corridor (CLN) that...

South Africa’s Economy Expands At Slower Rate In First Quarter

South Africa's economy expanded at a slower rate in the first quarter of this year compared with the previous three months, as key sectors...

Australia’s Sandfire Awards $496 Million Mining Contract At New Botswana Copper Mine

Australia’s Sandfire Resources said on Wednesday it had awarded a $496 million mining contract and is set to break ground at the T3 Motheo...

Bitcoin Tumbles After FBI Recovers Colonial Pipeline Ransom

The Price of bitcoin tumbled as much as 12% on Tuesday to trade around $31,500 per coin. The fall may have been a result of...

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UAE Exits OPEC And OPEC+: What It Means For Nigeria & OPEC Members

The United Arab Emirates has officially announced its withdrawal from OPEC and OPEC+, effective May 1, in a move confirmed by the country’s state news agency WAM. The decision ends nearly six decades of membership and removes one of the cartel’s most influential producers at a time...

Reps Approve Tinubu’s $516m Loan For Sokoto–Badagry Highway Project

The House of Representatives has given approval to President Bola Tinubu’s request to secure a $516,333,007 syndicated loan from Deutsche Bank AG to support infrastructure development. The approval was granted during Tuesday’s plenary in Abuja following the presentation of a report by the Deputy Chairman of the House...

Osifo Declares Presidential Bid, Signals Challenge To Tinubu

Former presidential aspirant, Stanley Osifo, has announced his intention to contest the 2027 presidential ticket of the All Progressives Congress (APC), positioning himself as a potential challenger to President Bola Tinubu despite growing endorsements in favour of the incumbent. Osifo made this known on Monday during a press...