Nigerian Filling Stations Reduce Petrol Prices on Crude Oil Drop
Some Nigerian fuel retailers have reduced pump prices, reflecting a decline in global crude oil costs and increasing competition in […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Dangote Middle East Oil Crisis Risks Africa Economy
Aliko Dangote, President of the Dangote Group, has cautioned that escalating conflict in the Middle East threatens to exacerbate economic
Gov Sule NIPR Patron: House, Uganda Praise PR Role
The Nigerian Institute of Public Relations (NIPR) has invested Nasarawa State Governor, Abdullahi Sule, as its new Patron, a move
Tony Elumelu TEF Programme Picks 3,200 African Entrepreneurs
Tony Elumelu, Chairman of Heirs Holdings and Founder of the Tony Elumelu Foundation (TEF), has named 3,200 entrepreneurs from across
EU Energy Crisis: Rosatom Blames Nuclear Policy Flaws
The head of Russia’s state nuclear corporation Rosatom has attributed Europe’s ongoing energy crisis to decades of flawed policy decisions
Prof Akpan Ekpo: UK-Nigeria Port Deal Leaves Nigeria in Debt
An economist has raised concerns over a recent bilateral agreement between Nigeria and the United Kingdom, arguing that a key
Crude Oil Plunge Raises Hopes for Nigeria Petrol Price Cuts
Crude oil prices fell sharply on Monday, declining nearly 8 percent after U.S. President Donald Trump announced a five-day extension
African Business News
EU Calls for Serious WTO Reform at Cameroon Ministerial
The European Union has intensified its call for substantive reform of the World Trade Organization (WTO), framing the upcoming ministerial
African Business News
Sweden cuts fuel tax temporarily amid Middle East war
The Swedish government has announced plans to temporarily reduce taxes on petrol and diesel, responding to surging energy prices linked
Nigeria disburses N3.2bn for 1.2MW Bauchi mini-grid
The Nigerian government has disbursed 3.2 billion naira to a power firm for the development of a 1.2-megawatt peak (MWp)
African Business News
Oil Theft: Navy Intercepts 44,000L Illegal Fuel in Rivers
The Nigerian Navy has seized approximately 44,000 litres of suspected illegally refined petroleum products and arrested eight individuals in Rivers
NNPCL Petrol Pump Price Surges Above $1 After Dangote Refinery Hike
NNPCL retail outlets have raised petrol prices to N1,367 per liter, marking the latest increase following a price adjustment by