Crude Oil Theft Driven by International Syndicates Across Africa
The Nigerian National Petroleum Company Limited (NNPCL) has highlighted the role of international and continental gangs in stealing crude oil […]
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
Nigeria Brazil sign air service agreement
Nigeria and Brazil have signed a Bilateral Air Service Agreement to strengthen economic, cultural, and diplomatic ties between the two
UK debt crisis nears 1976 levels with borrowing costs soaring
Britain is facing a potential economic crisis similar to the one it experienced in 1976, with soaring debt and borrowing
NNPCL boss exposes crude oil theft by international gangs
The Nigerian National Petroleum Company Limited’s (NNPCL) Group Chief Executive Officer, Bashir Ojulari, has highlighted the international scope of crude
Nigerian Crude Price Rises Near $70 Per Barrel
Nigerian crude oil prices have surged, with the Bonny Light crude grade reaching approximately $70 per barrel on Monday. This
African Business News
Oil prices rise after Ukraine attacks Russian energy sites
Oil prices have edged higher following Ukraine’s intensified attacks on Russian energy sites. According to a Reuters report, Ukraine launched
Nigeria Gas Suppliers Sign Deal For 1.29 Billion Daily Supply
Nigeria has taken a significant step towards enhancing its gas supply with the signing of Gas Supply Agreements (GSAs) between
Nigeria Rural Electricity Tariffs Higher Than Urban Areas
The Managing Director of the Rural Electrification Agency, Abba Aliyu, has revealed that rural communities in Nigeria are experiencing stable
Nigeria oil company joins International Association of Oil Gas Producers
Nigeria’s Renaissance Africa Energy Company Limited has joined the International Association of Oil & Gas Producers (IOGP), becoming the third
Nigerian Electricity Regulatory Commission queried over N59bn loan
The Nigerian House of Representatives has launched an inquiry into the Nigerian Electricity Regulatory Commission’s (NERC) management of a 59
African Business News
China coal power surges despite record renewables growth
China has experienced a significant surge in new coal power in the first half of the year, despite adding record
Nigeria drug prices unchanged despite Tinubu order
President Bola Ahmed Tinubu’s executive order, initiated on June 30, aimed to reduce the prices of drugs and pharmaceutical products