Nigeria Sierra Leone sign digital economy agreements
Nigeria and Sierra Leone have signed several Memoranda of Understanding (MoUs) to strengthen bilateral cooperation in the digital economy. The […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
African Business News
Nigeria Railway Revival Plan Includes Osogbo Dagbolu Lines
The Nigerian Railway Corporation (NRC) has announced plans to revive the Osogbo-Dagbolu Erunmu and Idogo railway lines in collaboration with
Bauchi 2026 Budget Hits 878bn With 65% Capital Expenditure
Bauchi State Governor Bala Mohammed has presented a proposed 2026 budget of over 878 billion, with a focus on completing
Fuel price drops as NNPCL slashes cost
The Nigerian National Petroleum Company Limited has reduced the pump price of premium motor spirit, following a decrease in ex-depot
Cancer treatment boosted with $300000 donation
The NNPC/Renaissance Joint Venture has donated $300,000 to the National Hospital in Abuja to support the maintenance of its advanced
African Business News
Nigeria Oil Infrastructure Security Boosted
The Nigerian Air Force (NAF) and the Nigerian National Petroleum Company Limited (NNPC) have agreed to strengthen their partnership to
African Business News
Rare Earth Magnets India Approves $800m Production Plan
India has approved an $815.3 million plan to boost the production of rare earth magnets, aiming to reduce its dependence
Nigeria Gas Output Doubles with Innovative Well Intervention
The NNPC/Heirs Energies OML 17 Joint Venture has successfully completed a pioneering rigless recompletion of a non-associated gas well, resulting
CBN Recapitalisation Deadline Looms for 14 Nigerian Banks
The Central Bank of Nigeria’s recapitalisation deadline is approaching, with 14 commercial banks yet to meet the required capital base.
African Business News
Venezuela bans airlines over US warning
Venezuela’s aviation authority has banned several airlines from operating in the country, accusing them of “terrorism” after they suspended flights
NNPC Donation Supports Cancer Treatment Machine Maintenance
The Nigerian National Petroleum Company (NNPC) Limited and Renaissance Joint Venture have donated $300,000 to the National Hospital in Abuja
African Business News
Intel rejects TSMC trade secrets allegations
Intel has denied allegations that a former TSMC executive, Lo Wei-jen, shared trade secrets with the US chipmaker after joining