US EPA cancels 400 non-essential grants worth $1.9bn, saves $2bn
The administrator of the United States of America Environmental Protection Agency, Lee Zeldin, cancelled 400 DEI and Environmental Justice grants […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Why retailers, marketers dump Dangote Refinery petrol for import – Stakeholders
Petroleum Products Retailers and marketers have explained why petrol imports have persisted despite the Dangote Refinery and other local refineries’
Naira defies CBN policies, continues slump against dollar
The naira defied the Central Bank of Nigeria’s policy interventions as it depreciated against the dollar at the official foreign
Nigeria expects 7% GDP growth per annum — Finance Minister Edun
Nigeria’s Minister of Finance, Wale Edun, has stated that the country expects an ambitious 7 per cent annual Gross Domestic
NNPCL refutes ending Naira-for-crude deal with Dangote Refinery
The Nigerian National Petroleum Company Limited, NNPCL, has denied terminating its naira-for-crude sale deal with Dangote Refinery. The spokesperson for
Fuel subsidy removal policy yielding results — Tinubu
President Bola Tinubu has declared that his fuel subsidy removal policy is yielding the desired results, as prices are gradually
Marketers lost billions to NNPC, Dangote’s fuel price reduction – PETROAN pushes for 6-month stability plan
The Petroleum Products Retail Outlet Owners Association has said that petrol marketers lost billions due to the downward review of
Dangote Refinery suffers as Nigeria’s petrol import jumps 105% to N15.4tn
Nigeria’s cost of importing premium motor spirit and other petroleum products soared to N15.4 trillion in 2024 from N7.5 trillion
Nigeria’s exports decline as imports soar in Q4 2024 – NBS
Nigeria’s goods exports decreased by 2.55 percent in Quarter Four (Q4) 2024 to a value of N20,014.33 billion from N20,537.17
NBS names top five exports, imports destinations for Nigeria
The National Bureau of Statistics has said Nigeria’s top five trading export partners in the fourth quarter of 2024 were
Naira continues depreciation against dollar, records highest decline weekly
The Nigerian naira continued depreciation on Friday at the foreign exchange market to end the week on a negative note.
China slams retaliatory tariffs on some Canada farm, food products
China on Saturday announced tariffs on Canadian agricultural and food products, retaliating against levies Ottawa introduced in October on Chinese-made