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KSA-Iran: Riyadh cuts ties with Teheran
Saudi Foreign Minister Adel Al-Jubeir Sunday announced the suspension of diplomatic ties between the two gulf regional rivals following the attack on the Saudi diplomatic mission in Teheran over the execution of Shiite cleric in Saudi Arabia. The Saudi top diplomat told reporters at a news conference that all Iranian diplomats have been asked to […]
Inflation-hit Nigeria to criminalize corn exports to meet local needs
Nigeria’s senate plans to pass legislation to criminalize the export of corn amid concerns over hunger and rising staple prices in Africa’s most populous nation. Nigeria has been grappling with a worsening food inflation which surged to 39.16% in October this year. This inflation has been exacerbated by climate conditions, currency devaluation and the removal […]
US Chevron to make Morocco its lubricants export hub to Africa
US energy giant Chevron signed a deal with Morocco’s Akwa Group to make the Kingdom its lubricants manufacturing and exporting hub to Africa. An agreement was signed in that regard between Chevron and Akwa Group, bringing the share of Chevron from 25% to 50% of Akwa Group subsidiary Afriquia Lubrifiants. Under this deal, Chevron will […]



