African Business News

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NUPENG Threatens To Resume Strike, Accuses Dangote Refinery Of Breaching Agreement

NUPENG strike Dangote Refinery breached agreement

By Ifunanya / September 11, 2025

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has threatened to resume its suspended strike action, accusing the […]

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'No deal collapsed' - Nigerian Govt breaks silence on forward crude oil sale

Nigeria crude oil losses drop to 16 year low

By Ifunanya / September 11, 2025

The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has reported a significant decline in the country’s crude oil losses, reaching a […]

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Nigeria Economy Sees Mixed Results in August PMI Report

By Ifunanya / September 11, 2025

The Central Bank of Nigeria (CBN) has released its latest Purchasing Manager Index (PMI) report, revealing a mixed bag of […]

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Nigeria insulin production plant deal signed with China

By Ifunanya / September 11, 2025

The National Biotechnology Research and Development Agency (NBRDA) has signed a Memorandum of Agreement (MoA) with China’s Shanghai Haiqi Industrial […]

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NUPRC’s reforms avenue to restore transparency in oil sector – Public Space Tracker

Nigeria oil sector reforms boost transparency and investor confidence

By Ifunanya / September 11, 2025

Nigeria’s oil and gas sector is undergoing a significant transformation, driven by the Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC) introduction […]

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Turkey cuts key interest rate to 40.5 percent

By Ifunanya / September 11, 2025

Turkey’s central bank has lowered its main interest rate by 2.5 percentage points to 40.5 percent, exceeding expectations. This move […]

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Oracle shares surge toward trillion dollar mark

By Ifunanya / September 11, 2025

Oracle’s shares have surged, adding to the company’s record-breaking performance in the previous session and driving gains across the tech […]

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CBN clarifies mass redeployment of staff

Nigeria Payments System Vision 2028 Launched

By Ifunanya / September 11, 2025

The Central Bank of Nigeria has initiated the development of a new strategic framework for the country’s payments ecosystem, introducing […]

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Stocks Up Before Us Inflation, ECB Rate Call

Stocks rise ahead of US inflation data ECB rate decision

By Ifunanya / September 11, 2025

Global stock markets experienced a surge on Thursday, driven by anticipation of the upcoming US inflation data and the European […]

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Taiwan budget $18 billion for defense and tariffs

By Ifunanya / September 11, 2025

Taiwan’s government has unveiled plans to allocate $18 billion to enhance the island’s resilience, particularly in the face of US […]

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