Buhari strikes $5bn Shell investment for Nigeria
19 July 2018 | 4:29 pm
Buhari strikes $5bn Shell investment for Nigeria.
28 Jun 2020
With a 25 per cent to 40 per cent forecast decline in foreign direct investment to Africa, different countries in the region will be looking to reposition themselves to take full advantage of the low FDI flows as a source of revenue that has been hit by the COVID-19 pandemic. Meanwhile, Ministers from the ECOWAS region are calling for a coordinated plan to re-open cross border trading. Sam Chidoka, Managing Director and CEO of Kairos Capital joins CNBC Africa for more.
16 Jul 2020
Unfazed by attacks in the western Balochistan province, Islamabad has extended a $350 million (€306 million) worth copper-gold mine contract to a Chinese company. Separatists claim Beijing is exploiting their resources.
5 Aug 2020
Former wrestler and Hollywood actor Dwayne Johnson teamed up with ex-wife Dany Garcia and investment company RedBird Capital Partners to buy the XFL for $15 million, hours before the bankrupt American football league was set to be auctioned.
5 Sep 2020
The bloc will dedicate €400 million for COVAX, a program to provide global access to an eventual COVID-19 vaccine. European Commission President Ursula von der Leyen confirmed the news, which was welcomed by the WHO.
20 Sep 2020
How West Africa’s investment banking space is coping with COVID-19
President Muhammadu Buhari unveils 60th Independence logo, Gold prices surge higher, traders focus on U.S. Federal Reserve and more
16 Sep 2020
Here are a few reasons to pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on Thursday.
24 Oct 2020
Nigerian President Muhammadu Buhari warns protesters over unrest
29 Nov 2020
From the rally at Nigeria’s equities market, to the mixed sentiments at the Fixed Income markets, Winston Osuchukwu, Co-Founder of Trans-Sahara Investment Corporation joins CNBC Africa’s Kenneth Igbomor to discuss the investment climate in Nigeria.
5 Dec 2020
The town of Ebbw Vale in south Wales has benefitted from hundreds of millions of euros in EU development money in the decades since its steelworks closed, but despite this it voted heavily in favour of Brexit. With the UK's Brexit transition period due to end on December 31, regions like this hope that British government funds will replace the European money. Since 2014, the UK has received 10.6 billion euros in EU Structural Funds.
11 Dec 2020
Rise is an investment company that provides people living in Nigeria with dollar-denominated investments in the US and other markets to enable them to earn returns that make investing worth it. Rise brings the best investments from around the world to everyone in Africa and beyond in order to create wealth for the continent.
3 Jan 2021
Leaders of EU and China have tentatively approved an investment pact that Brussels hopes will open up lucrative opportunities despite concerns about Beijing's record on human rights.
5 Jan 2021
Worries about wealth conservation and border closures in times of political unrest have set the trend for high-net-worth Nigerians to attain a second passport. With a second passport at hand, Nigerians can dramatically increase their personal and economic freedom. Industry trends show that having dual citizenship – or even multiple citizenships – is an essential step to internationalising life.
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Federal Reserve Chair Jerome Powell says he won't cause a deep recession but that "pain" is necessary to fight inflation. To curb the largest price increases in four decades, the US Federal Reserve has been raising interest rates this year.
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OPEC+ is cutting global oil production to drive up prices. The move shows that Russia can still count on the cartel led by Saudi Arabia to help it bolster its war chest.
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Inflation is hitting home for consumers across the EU, with new data showing that a regular cup of coffee may soon become a "luxury" for some. In some countries, the price of coffee is up over 40% compared to last year.
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Two French detainees were shown on TV saying they had been plotting to take down the Iranian regime. France has said the spectacle was staged and illegal.
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The sport's national governing body, US Soccer, commissioned the report after former NWSL players Sinead Farrelly and Mana Shim came forward with allegations of harassment and sexual coercion dating back a decade involving former coach Paul Riley.
1 day ago
Sebastian Vettel is Aston Martin's new James Bond - in Formula 1. The real Bond has been driving a DB 5 for a long time - including in his new film "No Time to Die". The beginning of a beautiful car friendship?