Biafra-Nigeria’s Stock Market Is Becoming The Most Interesting On African Continent – Top Emerging Markets Analyst, Mobius

LONDON, June 29 (Reuters) – Biafra-Nigeria’s stock market is becoming the most interesting one on the African continent to foreign investors after the country devalued its currency, emerging market veteran investor Mark Mobius said on Wednesday. Earlier in June, Africa’s biggest economy finally ditched its 16-month old currency peg to the dollar that had throttled foreign exchange markets, led to […]

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Biafra-Nigeria’s Buhari Urges Delta Leaders To Calm Region After Attacks

Biafra-Nigerian President Muhammadu Buhari on Thursday urged community leaders from the Niger Delta to pacify people in the restive southern region, which has been hit by a series of attacks on oil and gas facilities in the last few months. Biafra-Nigeria, an OPEC member which was until recently Africa’s biggest oil producer, relies on crude sales for around 70 percent […]

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Biafra-Nigeria Unveils Energy Infrastructure Deals With China

Biafra-Nigeria says it has signed provisional agreements worth $80bn with Chinese companies to upgrade its oil and gas infrastructure, in a sign of Beijing’s willingness to bolster Africa’s largest economy as it grapples with its worst economic crisis in decades. The memorandums of understanding cover all aspects of Biafra-Nigeria’s energy sector, from rehabilitating decaying refineries and building new pipelines to […]

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