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Nigeria: FIRS shuts more tax-defaulting firms

Nigeria Federal Inland Service (FIRS) has continued its crackdown on tax-defaulting companies by sealing off more premises in Lagos and Abuja. In Lagos, a team...

Ghana to get additional oil and gas project funding from World Bank group

The World Bank Group says two of its units would provide another $517 million to Ghana in debt and guarantees to support the country’s...

EU offers 610 million euros to Niger to curb migration

The European Union offered 610 million euros ($635 million) to Niger on Thursday for keeping a lid on migration from Africa through the Mediterranean...

Buhari says Nigeria faces worst economic situation in its history

Nigeria's President Muhammadu Buhari said on Wednesday the country was facing the worst economic situation in its history, in a speech to lawmakers to...

Nigerian parliament opens inquiry into long-disputed Shell, Eni oil field

Nigerian President Buhari.   Nigeria's lower house opened an investigation on Tuesday into an offshore oil field owned by Royal Dutch Shell and Eni, the latest...

Trump picks Exxon chief Tillerson as secretary of state

ExxonMobil Chairman and CEO Rex Tillerson. Photo Credit: Reuters   President-elect Donald Trump announced Exxon Mobil Corp's Rex Tillerson as his choice for secretary of state...

Cuba signs deal for faster internet access to Google content

Most Cubans can only access the internet from public wi-fi hotspots. Photo Credit: AP Cuba's state-run telecommunications company Etecsa has signed a deal with Google...

Oil surges after output cuts, strong dollar weighs

A gas station attendant pumps fuel into a customer's car at PetroChina's petrol station in Beijing, China. Photo Credit: Reuters   Oil prices jumped to their...

Zimbabwe: Finance minister projects better growth rate in 2017

Zimbabwe finance minister Patrick Chinamasa has presented the country’s 2017 budget before parliament. The budget stands at about 4.1 billion dollars. During the presentation the finance...

Thousands of Kenyan single mothers, widows use mobile money to escape poverty

Almost 200,000 Kenyan households, many headed by poor, rural women, have lifted themselves out of poverty using mobile money services, experts said on Thursday,...

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