EU proposes ban on Huawei and ZTE telecom equipment
The European Union is considering a proposal to ban the use of Chinese-made equipment in its telecommunications networks, according to […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria Oil Bloc Licensing Auction Set for December 1 2025
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that it will hold its next oil bloc licensing auction on
Nigeria oil sector attracts investors with stable climate
Nigeria’s House of Representatives has reaffirmed its commitment to upholding the Petroleum Industry Act (PIA), aiming to foster a stable
African Business News
Nigeria Oil Production Licensing Round Commences December
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to commence the 2025 licensing round on December 1, 2025,
EEDC launches free prepaid meter distribution programme
The Enugu Electricity Distribution Company (EEDC) has initiated the second phase of its free prepaid meter distribution under the Metre
African Business News
Nigeria Mulls NNPCL Restructure To Boost Oil Production
The Nigerian government is considering restructuring the Nigerian National Petroleum Company Limited (NNPCL) to boost the country’s dwindling crude oil
African Business News
UK unemployment rises to 5 percent ahead budget
The United Kingdom’s unemployment rate has risen to 5% in the third quarter, marking the highest level since early 2021.
Nigeria Power Project Gets Boost From Tinubu Government
President Bola Tinubu has reiterated his administration’s commitment to the Presidential Power Initiative, a project aimed at boosting electricity supply
African Business News
SoftBank profits soar on AI stock boom
Japan’s SoftBank Group has reported a significant increase in net profit for the second quarter, with a more than doubling
African Business News
Petrol Supply Boom Expected Nationwide
Petrol Supply Set to Increase as New Shipments Arrive in Nigeria Nigeria’s petrol supply is expected to improve significantly following
African Business News
COP32: Ethiopia to host 2027 climate summit
Ethiopia has been selected as the host country for the 2027 COP32 climate summit, beating out Nigeria for the opportunity.
Nigeria petroleum exhibition showcases Shell contributions
Shell has showcased its contributions to the Nigerian economy at the 2025 International Conference and Exhibition of the Nigeria Association