PENGASSAN plot threatens Dangote Refinery energy independence
A recent threat by the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, to shut down the Dangote […]
African Business News
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
African Business News
Pension Recapitalisation: PenCom Raises Capital Requirements
The National Pension Commission has introduced new capital requirements for pension fund administrators and pension fund custodians in Nigeria. The
African Business News
Iran Rial Plummets to Record Low Against US Dollar
The Iranian rial has reached a historic low against the US dollar, according to recent reports from currency-tracking websites. This
African Business News
PENGASSAN declares nationwide strike over Dangote refinery issues
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has announced a nationwide strike, effective Monday, September 29,
Dangote Refinery Resumes Naira Petrol Sales
Dangote Refinery Resumes Premium Motor Spirit Sales in Naira The Dangote Refinery has announced the resumption of sales of Premium
African Business News
Dangote Refinery PENGASSAN dispute sparks economic sabotage claim
Dangote Refinery has condemned the directive by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) to cut
African Business News
PENGASSAN cuts Dangote refinery gas supply
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has issued a directive to its members to immediately
African Business News
Counterfeit Cigarettes Seized in Italy
Italian authorities have seized over 150 tonnes of counterfeit cigarettes from a massive underground factory, the largest of its kind
Kurdish oil exports resume in Iraq after 2 year halt
Iraq has resumed crude oil exports from the autonomous Kurdistan region, ending a hiatus of over two years. The exports
Nigeria Ogoniland Reentry Marks Historic Turning Point
Nigeria’s oil production has reached a historic milestone with the re-entry into Ogoniland, a region that has endured years of
African Business News
Dangote Refinery faces shutdown as workers cut gas supply
Nigerian workers under the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) have been directed to immediately shut down the
African Business News
Pension Fund Administrators capital requirement increased to ₦20 billion
The National Pension Commission of Nigeria, PenCom, has announced a significant increase in the minimum capital requirements for Pension Fund