African Business News

NNPC Wins Court Appeal Over Ararume Sack, Avoids ₦5 Billion Damages in Oil Sector Dispute

Ifunanya / August 14, 2025

Nigeria’s state-owned energy company, NNPC Limited, has secured a pivotal legal victory that rescues it from a potential ₦5 billion […]

Ifunanya / August 14, 2025

Bitcoin reached an all-time high in Asian trading hours Thursday, propelled by shifting monetary policy expectations in Japan and renewed

Ifunanya / August 14, 2025

Nigerian oil giant NNPC Limited has successfully overturned a court order that previously required it to pay approximately $6.2 million*

Ifunanya / August 14, 2025

The Nigerian government has unveiled plans to allocate N142 billion (approximately $94 million) for the construction of six modern bus

Ifunanya / August 14, 2025

Hungary has accused Ukraine of jeopardizing its energy security after a reported drone strike targeted a critical section of the

Ifunanya / August 13, 2025

Fintech leader Flutterwave has reported a robust financial and operational performance in its half-year 2025 review, driven by strategic cost

Ifunanya / August 13, 2025

Multiple fuel stations in Nigeria’s capital, Abuja, lowered petrol prices this week following a significant reduction in supply costs from

Ifunanya / August 13, 2025

A public clash erupted this week between tech mogul Elon Musk and OpenAI CEO Sam Altman after Musk accused Apple

Ifunanya / August 13, 2025

Nigeria’s leading labor union has called on the federal government to prioritize domestic sales of crude oil in the local

Ifunanya / August 13, 2025

Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, by ₦30 per

Ifunanya / August 13, 2025

Nigeria’s Dangote Petroleum Refinery, one of Africa’s largest oil facilities, has lowered the ex-depot price of Premium Motor Spirit (PMS),

Ifunanya / August 13, 2025

Global oil markets face renewed pressure as U.S. energy analysts project Brent crude prices could fall to their lowest levels