Ghana Hikes Cocoa Prices 60%, Squeezing Global Supply and Rival Producers
Ghana has announced a substantial increase in cocoa producer prices, raising payments to farmers by over 60% in a bid […]
African Business News
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NNPCL Raises Petrol Price to ₦955 in Abuja, Kogi, Nasarawa
Nigeria’s state-owned oil company has announced a significant increase in petrol prices, sparking concerns over rising living costs in Africa’s
NNPC Chief: Bankable Energy Projects Key to Africa’s Sustainable Future
At a major energy conference in Lagos, Nigerian National Petroleum Company Limited (NNPCL) CEO Bayo Ojulari highlighted Africa’s urgent need
Enugu Power Outages: Mainpower Links Crisis to EERC Tariff Dispute
Residents in parts of Enugu State, Nigeria, have faced prolonged power outages over the past four days, with authorities attributing
Nigerian AG Ogunjimi Elected AAAG Deputy Chair to Boost Fiscal Transparency
Nigeria’s Accountant General, Shamseldeen Ogunjimi, has been elected to a leadership role within Africa’s key public finance oversight body, marking
Lagos Airport’s N712bn Revamp Targets World-Class Hub Status
Nigeria’s government is defending its decision to allocate ₦712 billion (approximately $500 million) toward demolishing and reconstructing the aging Terminal
Nigeria-Benin Pact to Boost Trade and Regional Integration
Nigeria and the Republic of Benin have solidified a new partnership to enhance cross-border trade and economic integration, marking a
Nigeria’s 2024 GDP Rebasing Hits N372.8T, CPPE Cites Economic Milestone
Nigeria’s economy has seen a pivotal update with the release of its rebased Gross Domestic Product (GDP) figures, a move
African Business News
Nigeria Presidency Denies Forced Resignation of NNPCL CEO
The Nigerian presidency has dismissed claims that the nation’s top oil executive was coerced into resigning, following speculation about pressure
African Business News
Nasarawa Becomes 12th Nigerian State to Regulate Power Under 2023 Act
Nasarawa State has joined a growing list of Nigerian states assuming control of their electricity markets under a nationwide decentralization
Nigeria’s NNPCL Audit Sparks Calls for Governance Reform, Transparency
A prominent energy expert has called for caution in assessing Nigeria’s state-owned oil company amid a multi-trillion-naira audit inquiry, stressing
BEDC Warns Electricity Theft Worse Than Kidnapping in Nigeria
A Nigerian power distribution firm has sparked sharp public discourse after likening electricity theft to kidnapping in severity, framing the