African Business News

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Fuel price may drop to N800 per litre - Marketers

NNPCL retail outlets, others reduce fuel price

By Ifunanya / July 15, 2025

Nigerian National Petroleum Company Limited has reduced its premium motor spirit price. Media Talk Africa correspondent who went round NNPCL […]

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NNPCL gives conditions for crude supply to Dangote Refinery

NNPCL gives conditions for crude supply to Dangote Refinery

By Ifunanya / July 15, 2025

The Nigerian National Petroleum Company Limited said the state-owned oil firm would continue to supply crude oil to Dangote Refinery […]

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Fuel price may drop to N800 per litre - Marketers

Nigerian petrol marketers to reduce fuel prices nationwide

By Ifunanya / July 15, 2025

The Nigerian Petroleum Products Marketers Association of Nigeria has announced a plan to reduce the premium motor spirit price from […]

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'We’ll have cheaper oil’ - IPMAN backs Dangote Refinery's distribution plan

Private or public, let the refineries work – IPMAN to FG, NNPCL

By Ifunanya / July 15, 2025

The Independent Petroleum Marketers Association of Nigeria, IPMAN, Port Harcourt Depot Unit, has stressed that the Port Harcourt Refinery requires […]

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Poor budget for foreign ministry threatens Nigeria’s global influence - Ameh Peter

Poor budget for foreign ministry threatens Nigeria’s global influence – Ameh Peter

By Ifunanya / July 15, 2025

A 2019 Presidential candidate, Ameh Peter, has said that the inadequate fund allocation to the Federal Ministry of Foreign Affairs […]

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Four Nigerian companies push NGX to N486bn single-day gain

Nigerian banks, other firms push NGX to N1.077tn

By Ifunanya / July 15, 2025

Nigerian banks and firms pushed the Nigerian stock market to a N1.077 trillion gain on Friday as investors experienced unprecedented […]

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Don’t rush Nigerian refinery sales — Iledare warns, gives Tinubu, NNPCL best solution

Don’t rush Nigerian refinery sales — Iledare warns, gives Tinubu, NNPCL best solution

By Ifunanya / July 15, 2025

A Professor emeritus of Petroleum Economics, Wumi Iledare, has warned against the hasty sale of Nigeria’s state-owned Port Harcourt, Warri […]

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Heirs Insurance Group achieves 70% revenue spike in FY2024; hits N61 billion GWP

Heirs Insurance Group achieves 70% revenue spike in FY2024; hits N61 billion GWP

By Ifunanya / July 15, 2025

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has announced its audited financial results for the year ended December 31, […]

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CBN should reduce interest rates to further drive inflation down in Nigeria - Idakolo 

CBN fixes date for Monetary Policy Committee meeting 

By Ifunanya / July 15, 2025

The Central Bank of Nigeria has announced Monday and Tuesday, July 21 and 22, 2025, as the 301st Monetary Policy […]

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Oyo Govt partners FCMB to empower 1,000 youths with N1.5bn

Enactus Honours FCMB for Youth-Led Social Impact

By Ifunanya / July 15, 2025

First City Monument Bank (FCMB) has been honoured with the Changemaker Collaboration Award by Enactus Nigeria for its support in […]

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