Nigeria disburses ₦330bn to poor citizens
The Federal Government of Nigeria has disbursed ₦330 billion in cash to poor and vulnerable citizens through the National Social […]
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
Seplat Energy Mulls Joint Venture Sale To NNPCL
Seplat Energy is in discussions with the Nigerian National Petroleum Company Limited (NNPCL) regarding the potential sale of a 10%
African Business News
OPEC Appointment: Nigeria Names Maryamu Idris Representative
Maryamu Idris, Managing Director of NNPC Trading Limited, has been appointed as Nigeria’s National Representative to the Organization of the
African Business News
Nvidia invests $5 billion in Intel for chip development
Nvidia, a leading US chip manufacturer, has announced a $5 billion investment in Intel, a prominent semiconductor maker, to jointly
African Business News
Bank of England Keeps Interest Rate at 4 Percent Amid High Inflation
The Bank of England has maintained its key interest rate at 4% following a regular policy meeting, citing elevated UK
African Business News
EU Climate Target Deadline Looms Amid Emissions Cutting Plan Disagreements
The European Union is set to convene on Thursday to finalize an emissions-cutting plan to be presented at the upcoming
African Business News
Nigeria Shares ₦2.2trn August Federation Account Revenue
Nigeria’s Federal Government, states, and local government councils have shared a total of ₦2.225 trillion in August 2025 Federation Account
Nigeria Energy Regulators Form Committee
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Federal Competition and Consumer Protection Commission (FCCPC) have established
Dangote Refinery in N1.5trn fuel subsidy row with marketers
A dispute has emerged between Dangote Refinery and the Petroleum Products Marketers of Nigeria, also known as DAPPMAN, regarding fuel
African Business News
Fed cuts interest rates amid job market concerns
Asian Markets Fluctuate After Fed Cuts Interest Rates The Federal Reserve’s decision to lower interest rates by 25 basis points
Dangote Refinery Challenges DAPPMAN Allegations
Dangote Petroleum Refinery has responded to the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) by challenging the association
NUPENG dispute sparks CSOs backlash against union tactics
A coalition of civil society organizations has thrown its weight behind Dangote Petroleum Refinery in its ongoing dispute with the