Nigeria oil rig count increases 762 percent in four years
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a significant increase in the country’s oil rig count, rising from […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Tinubu slammed over Nigeria economic hardship
A Nigerian Professor, Alkasum Abba, has criticized the administration of President Bola Tinubu over the country’s growing economic hardship. In
Bitcoin hits record high at $125245
Bitcoin has reached a new record high, increasing by nearly 2.7% to $125,245.57 at 6:12 PM WAT on Sunday. However,
Seplat Energy boosts Nigeria domestic gas market
Seplat Energy Plc has emphasized the crucial role of domestic gas in driving prosperity in Nigeria and Africa, powering homes,
Japan stocks surge as Takaichi wins party leadership
Japanese Stocks Surge as Sanae Takaichi Wins Ruling Party Leadership Japanese stocks and bond yields experienced a significant surge on
Dangote Refinery thanks President Tinubu for resolving PENGASSAN dispute
Dangote Petroleum Refinery has expressed gratitude to President Bola Tinubu for his role in resolving the dispute between the refinery
Imo State Bans Mining Activities Due To Environmental Destruction
The Imo State Government has imposed a total ban on mining and dredging activities within the Owerri Capital Territory, citing
NPA Cargo Survey contracts cancellation sparks controversy
The Nigerian Ports Authority (NPA) is facing opposition from stakeholders in the maritime industry over its reported plans to cancel
Nigeria Needs Policy To Protect Investors And Businesses
The Nigerian government is being urged to establish a policy framework to prevent the unlawful shutdown of businesses in the
Bitcoin hits record $125,000 high amid US shutdown
Bitcoin has surged to a new record high, exceeding $125,000 on Sunday. The cryptocurrency reached $125,689, surpassing its previous August
Naira Strengthens Against Dollartadır
The Nigerian Naira has appreciated against the United States Dollar at both the official and parallel foreign exchange markets. According
UAC completes Chivita acquisition to strengthen FMCG position
UAC of Nigeria PLC has completed its acquisition of Chivita|Hollandia, a leading manufacturer of juice and dairy products in Nigeria.