Boeing aircraft deal worth $50 billion agreed
Korean Air has announced its intention to purchase over 100 Boeing aircraft, marking the largest deal in South Korea’s aviation […]
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.
Nigeria FOB fee sparks outrage among manufacturers
Nigeria’s manufacturing sector is opposing the recent reintroduction of a 4% Free on Board (FOB) fee by the Nigeria Customs
Nigerian stock market gains N285 billion
The Nigerian Exchange Limited commenced the week on a positive note, with investors witnessing a significant gain of N285 billion
African Business News
Nigeria Electricity Regulatory Oversight Transferred To Bayelsa State Agency
The Nigerian Electricity Regulatory Commission (NERC) has officially transferred regulatory oversight of the electricity market in Bayelsa State to the
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
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