Nigeria targets $60bn gas investment
The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to secure $60 billion in new investments over the next […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
US Fed rate cuts boost Asian markets
Asian markets have extended their gains, following a record day on Wall Street, as fresh data indicates a weakening US
Nigeria Stops NNPC Tax Credit Road Funding Amid Completion Order
Nigeria’s Minister of Works, Dave Umahi, has announced that the Nigerian National Petroleum Company Limited (NNPCL) has ceased funding its
China inflation drops to six month low
China’s consumer prices have fallen at their fastest rate in six months, with the consumer price index dropping 0.4 percent
Nigeria Debt Crisis Sparks ADC Criticism
The African Democratic Congress (ADC) has criticized the Speaker of the House of Representatives, Tajudeen Abbas, for retracting his earlier
Nigeria targets $1 billion diaspora reserves by 2026
The Central Bank of Nigeria has set an ambitious target to increase its diaspora reserves to $1 billion by 2026,
Nigeria Regulates Digital Currencies Under Tinubu
President Bola Tinubu has directed the Central Bank of Nigeria and other regulatory agencies to enhance their oversight of digital
NUPENG strike suspended after Dangote union agreement
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its nationwide strike after reaching an agreement with
France debt crisis sparks fears of black hole after government loses confidence vote
France’s government has lost a no-confidence vote in parliament, sparking concerns about the country’s growing sovereign debt and its impact
Dangote Refinery sabotage alleged by energy expert
A dispute between the Dangote Refinery and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has been resolved,
African Business News
Nigeria Fuel Strike Ends After Negotiations
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has suspended its nationwide strike, following mediation by government agencies
NUPENG strike suspended after Dangote Refinery agrees to union rights
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its strike after reaching an agreement with Dangote