Oil prices rise after OPEC output decision
Oil prices have risen following a reaffirmation by OPEC+ members to maintain their current output levels. As of 0501 WAT […]
African Business News
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OPEC maintains Nigeria oil production quota at 1.5 million bpd
OPEC and its allies, including Russia, have agreed to maintain Nigeria’s crude oil production quota at 1.5 million barrels per
Dangote Refinery to Supply 50m Litres Daily
Dangote Petroleum Refinery has announced plans to supply 50 million litres of Premium Motor Spirit (PMS) daily to the Nigerian
FCMB launches mobile app investment feature for mutual funds
FCMB Launches Mobile App Investment Feature for Mutual Funds First City Monument Bank (FCMB), a subsidiary of FCMB Group Plc,
Dangote Refinery Commits To 50 Million Liters Daily Petrol Supply
Dangote Refinery has pledged to significantly increase its supply of petrol to the Nigerian market, aiming to provide 50 million
Arms sales reach record $679 billion driven by Ukraine war
The global arms industry has reached a record high, with the world’s top 100 arms makers generating $679 billion in
Niger uranium on international market after Orano dispute
Niger’s military regime has announced plans to sell uranium produced by Somair, a formerly French-owned subsidiary, on the international market.
Australia social media ban tests teen mental health impact
Australia’s pioneering under-16 social media ban has sparked intense debate among experts, with some hailing it as a vital step
Sudan War Causes Barter Economy Collapse
Sudan’s Economic Crisis Worsens as Bartering Becomes the Norm In war-torn Sudan, the banking system has collapsed, forcing people to
Deforestation crisis sparks Nigeria conservation partnership
Nigeria has launched a new partnership to combat its alarming deforestation rates and promote sustainable development. The Nigerian Conservation Foundation,
IBEDC Resumes Free Prepaid Meter Installation for Customers
The Ibadan Electricity Distribution Company (IBEDC) has announced the resumption of its free prepaid meter installation program, aimed at addressing
Rice price drop expected in Lagos ahead of Christmas
Lagos State farmers predict further drop in rice prices ahead of the holiday season, following a recent price reduction by