Dangote Refinery eyes fresh crude imports, targets 650,000bpd in June
The Dangote Petroleum Refinery is targeting importing crude oil feedstock over insufficient supply from the Nigerian National Petroleum Company as […]
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.
African Business News
IPMAN refutes claims of nationwide price hike
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has refuted circulating rumors of an impending increase in petrol prices nationwide.
African Business News
Naira gains against dollar – Media Talk Africa Nigeria
The naira strengthened against the dollar at the official foreign exchange market on Thursday, a day after a dip.FMDQ data
‘Naira now holding grounds against dollar, Peter Obi should spread the news’ – Onanuga
Bayo Onanuga, spokesperson for the Presidency, has urged Mr Peter Obi, presidential candidate of the Labour Party, LP, in the
Petrol price stood at N1,214.17 in November 2024 – NBS
The National Bureau of Statistics, NBS, says the average retail price of a litre of petrol increased from N648.93 in
Dangote Refinery fuel production impacting European markets – OPEC
The Organisation of the Petroleum Exporting Countries, OPEC, has said that the production of petroleum products, including Premium Motor Spirit,
Dangote Cement, others push NGX to N931bn loss
The Nigeria Stock Exchange extended its bearish trend as losses in Dangote Cement and others made the market capitalisation to
NNPCL remits N10trn by Sept 2024 — Kyari
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPCL, Malam Mele Kyari, said on Wednesday in
NASS gives FIRS N25trn revenue target in 2025
The National Assembly, through its Joint Committee on Finance, has proposed a N25 trillion tax collection or revenue generation target
Nigerians to pay 60% more for calls, data— Minister Tijani
The Minister of Communications and Digital Economy, Bosun Tijani, said Nigerians will have to pay 30-60 percent more for calls,
Nigerian govt rejects $500 tax proposal on citizens, tourists
The Nigerian government has dismissed a proposal to impose a $500 tax on Nigerians and tourists returning home during the
Naira drops against dollar at official, black markets amid spike in inflation
The naira dropped against the dollar at official and parallel foreign exchange markets at the close of Wednesday amid Nigeria’s