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. […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
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
Dangote Refinery Supplies 34 Percent of Nigeria Petrol Demand
Nigeria’s petrol consumption reached 56.7 million liters per day in October 2025, with the Dangote Refinery supplying 34.15 percent of
Airbus recalls 6000 planes over radiation issue
Airbus, the European plane manufacturer, has announced the withdrawal of over 6,000 of its A320-family aircraft for urgent modifications. This
NNPCL Revenue Hits N5.08tn With N447bn Profit
The Nigerian National Petroleum Company Limited (NNPCL) has reported a substantial increase in revenue, reaching N5.078 trillion in October 2025.
African Business News
NNPC revenue increases to 5.08 trillion
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a significant increase in revenue, reaching 5.08 trillion in October
Cross River approves SMEDAN loan for 500 small businesses
The Cross River State Government has approved a single-digit interest loan facility for 500 small business owners in the state,
Nigeria Refineries Remain Shut No PMS Production
Nigeria’s state-owned refineries remained idle in October, failing to produce any Premium Motor Spirit (PMS), according to a factsheet released