NUPENG strike Dangote Refinery breached agreement
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has threatened to resume its suspended strike action, accusing the […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria crude oil losses drop to 16 year low
The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has reported a significant decline in the country’s crude oil losses, reaching a
African Business News
Nigeria Economy Sees Mixed Results in August PMI Report
The Central Bank of Nigeria (CBN) has released its latest Purchasing Manager Index (PMI) report, revealing a mixed bag of
African Business News
Nigeria insulin production plant deal signed with China
The National Biotechnology Research and Development Agency (NBRDA) has signed a Memorandum of Agreement (MoA) with China’s Shanghai Haiqi Industrial
Nigeria oil sector reforms boost transparency and investor confidence
Nigeria’s oil and gas sector is undergoing a significant transformation, driven by the Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC) introduction
African Business News
Turkey cuts key interest rate to 40.5 percent
Turkey’s central bank has lowered its main interest rate by 2.5 percentage points to 40.5 percent, exceeding expectations. This move
African Business News
Oracle shares surge toward trillion dollar mark
Oracle’s shares have surged, adding to the company’s record-breaking performance in the previous session and driving gains across the tech
Stocks rise ahead of US inflation data ECB rate decision
Global stock markets experienced a surge on Thursday, driven by anticipation of the upcoming US inflation data and the European
African Business News
Taiwan budget $18 billion for defense and tariffs
Taiwan’s government has unveiled plans to allocate $18 billion to enhance the island’s resilience, particularly in the face of US
African Business News
Oil supply hits record high in August amid looming surplus
The International Energy Agency (IEA) has reported that global oil supply reached a record high in August, driven by increased
Mexico Raises Tariffs on China Autos to 50Percent
Mexico has announced plans to increase tariffs on automobiles from China and other Asian countries to 50%, as part of
African Business News
Nigeria Technical Education Curriculum Revised
The Federal Government of Nigeria has released a comprehensive list of 26 trade areas that have been approved under its