Ecuador diesel subsidy cut sparks controversy
Ecuador’s President Daniel Noboa has announced the elimination of a diesel subsidy, a move that could have significant political and […]
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.
WTO Director-General Okonjo-Iweala meets Swiss leaders
The Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, recently met with leaders of the Swiss Parliament to discuss
African Business News
NUPRC revokes Oritsemeyin Rig licence after safety issues
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revoked the operating license of Oritsemeyin Rig, effective immediately after completing its
NUPENG Dangote Refinery Agree To Union Terms
Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the management of Dangote Refinery have reaffirmed their commitment to
NUPENG accuses Dangote fuel price cut of being deceitful move
The Nigeria Union of Petroleum and Natural Gas, NUPENG, has accused the Dangote Group of using its free premium motor
Nigeria Fuel Scarcity Looms Amid Dangote Refinery Union Dispute
The All Progressives Congress (APC) governorship candidate in the 2023 Rivers election, Tonye Cole, has expressed concern over the potential
African Business News
Pilot Alcohol Incident Air Peace Crew Test Positive
A recent incident at Port Harcourt International Airport has raised concerns about aviation safety in Nigeria. On July 13, 2025,
African Business News
Nigeria Air Peace Addresses Crew Substance Test Controversy
Air Peace has stated that it is yet to receive an official report from the Nigerian Safety Investigation Bureau (NSIB)
NUPENG Sabotage Alleged in Oil Sector by Civic Group
A coalition of civic groups, known as the Coalition for Economic Liberation and Social Justice, has urged Nigerians to resist
EU targets foreign banks using Russia’s SWIFT alternative
The European Union is considering sanctions on foreign banks that use Russia’s alternative to the SWIFT interbank messaging system, according
Farmers Struggle With High Costs Amid Food Insecurity
The All Farmers Association of Nigeria has highlighted the challenges faced by farmers in producing and selling at lower prices,
Nigeria Tax ID mandatory for bank accounts from 2026
Nigeria has introduced a new requirement for individuals and entities seeking to open or operate bank accounts in the country.