OPEC output strategy unchanged amid oil market shifts
OPEC+ Ministers Unlikely to Alter Oil Output Strategy at Upcoming Meeting Ministers from the Organization of the Petroleum Exporting Countries […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Airbus alert grounds flights worldwide over software issue
Airlines worldwide have announced delays and cancellations of flights after Airbus issued an alert regarding a potential technical issue affecting
China Robotics Bubble Risk Amid Investment Frenzy
China’s economic planning commission has warned of a potential bubble in the country’s booming humanoid robotics industry, citing explosive investment
African Business News
Nigeria Economy Stronger After Reforms
The Central Bank of Nigeria’s Governor, Olayemi Cardoso, has stated that the country’s economy has emerged stronger and more resilient
Coronation Merchant Bank appoints Paul Abiagam as CEO
Coronation Merchant Bank has announced the appointment of Paul Abiagam as its new Managing Director and Chief Executive Officer, effective
Nigeria Disco revenue hits N196bn in September
Nigerian Electricity Distribution Companies Record N196.26 Billion in Revenue for September The Nigerian Electricity Regulatory Commission (NERC) has released its
African Business News
Tinubu Approves Tax Committee Implementation
President Bola Tinubu has established the National Tax Policy Implementation Committee (NTPIC) to oversee the implementation of the administration’s tax
NNPCL reports N5.4 trillion profit after tax in 2024
The Nigerian National Petroleum Company Limited (NNPCL) has reported a significant profit after tax of N5.4 trillion in its 2024
NAICOM sets July 2026 insurance recapitalisation deadline
The National Insurance Commission, NAICOM, has set a deadline of July 2026 for insurance and reinsurance companies to meet the
Fuel prices drop in Abuja after NNPC cuts rates
A recent development in Nigeria’s fuel market has led to a reduction in petrol pump prices across several filling stations
Dangote Refinery Reacts To Diesel Quality Allegations
Dangote Refinery has responded to allegations that its diesel exports to Europe fail to meet winter specifications due to high
Nigeria Banks Ordered To Withdraw Misleading Adverts Immediately
The Central Bank of Nigeria (CBN) has issued a directive to all Nigerian banks, payment service banks, and other financial