Nigeria trade surplus increases to ₦7 trillion
Nigeria has achieved a significant milestone by becoming a net exporter, recording a trade surplus for five consecutive quarters. According […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Naira exchange rate stabilizes amid dollar fluctuations
President Bola Ahmed Tinubu has announced that the Naira to Dollar exchange rate is no longer tied to fluctuations in
Dangote Refinery Crisis Resolved
The Federal Government of Nigeria has successfully brokered a truce between the Petroleum and Natural Gas Senior Staff Association of
Russia crude exports remain near peak levels despite US pressure
Russia’s seaborne crude exports have remained near a 16-month high, with average daily shipments holding steady at 3.62 million barrels
PENGASSAN strike risks damaging economy
Nigerian Senator Warns PENGASSAN Over Dangote Refinery Service Withdrawal The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN,
Dangote Refinery PENGASSAN Meeting Ends In Deadlock
A meeting between the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) and the management of the Dangote Petroleum Refinery
African Business News
PENGASSAN Dangote Refinery dispute meeting moved to NSA
A reconciliation meeting between the management of the Dangote Refinery and leaders of the Petroleum and Natural Gas Senior Staff
African Business News
PENGASSAN strike threat may harm Nigeria economy
A coalition of civil society organisations has urged the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) to
PENGASSAN strike hurts low income petrol workers
Nigerian Economist Faults Ongoing PENGASSAN Strike, Citing Neglect of Low-Income Petrol Workers The ongoing strike by the Petroleum and Natural
African Business News
Dangote Refinery Naira crude supply deal sealed
The Nigerian National Petroleum Limited has signed a two-year crude supply deal with Dangote Refinery, guaranteeing steady deliveries of crude
African Business News
Gold prices surge as Zijin Gold debuts in Hong Kong
China’s Zijin Gold International has made a remarkable debut on the Hong Kong stock exchange, with its shares surging over
Electronic Arts sold to Saudi-led consortium for $55 billion
Electronic Arts, a leading game developer, has agreed to a $55 billion deal to be acquired by a Saudi-led consortium.