Indian Refiners Pay Premium for Russian Oil After Hormuz Halt
Indian refiners have purchased approximately 60 million barrels of Russian crude for April delivery at prices significantly above global benchmarks, […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Petrol Price Cut: Nigerian Depot Owners Undercut Dangote
Nigerian petroleum depot operators have reduced their ex-depot petrol prices, setting new rates below the gantry price offered by the
Oil Tumbles, Stocks Rally on Iran Hormuz Peace Plan
Oil prices declined and global equities advanced on Wednesday following indications of a potential diplomatic opening in the conflict between
Naira Appreciates Against US Dollar in Official Market
The Nigerian Naira recorded its first appreciation against the US dollar at the official foreign exchange market on Tuesday, February
Nigeria Tax Reform Elevates Certified Tax Professionals
The enactment of Nigeria’s new tax reform laws has formally elevated the role of certified tax professionals within the country’s
Oil Prices Drop 5% After Trump Iran Peace Proposal
Global oil prices declined sharply on Wednesday following reports that the Trump administration has submitted a peace proposal to Iran,
EU Pauses Russian Oil Ban as Middle East War Boosts Prices
The European Union has postponed a proposed complete ban on Russian oil imports, citing “current geopolitical developments” following renewed instability
US Warns EU: Ratify Trade Deal or Lose Favorable Gas Access
The United States has warned the European Union that failure to ratify a key trade agreement could jeopardize its “favorable”
Improved Power Supply: FG Vows to Reduce Outages in Nigeria
Nigeria’s Minister of Power, Adebayo Adelabu, has promised a significant improvement in national electricity supply within the next two weeks,
EU AI Sovereignty from US Tech Risks Innovation: Siemens CEO
The European Union’s push for digital sovereignty risks hampering innovation and economic growth if it moves too quickly to replace
African Business News
Sweden’s Bill Mandates Honest Living for Migrants or Deport
Sweden’s government has proposed a new legal requirement for migrants to demonstrate an “honest living,” with failure potentially leading to