Dangote Petroleum Refinery Raises Alarm Over Substandard Fuel Blending Operations
The Dangote Petroleum Refinery has issued a warning to Nigerians regarding a new depot operated by an unnamed international trading […]
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
Dangote Refinery Defends Fuel Pricing Amid Import Claims
Dangote Refinery has announced its petrol prices, selling at N990 per litre for truck deliveries and N960 per litre for
MEDL Aims to Transform Power Supply in Enugu with New Measures
Enugu, Nigeria – The Managing Director of Mainpower Electricity Distribution Limited (MEDL), Ernest Mupwaya, has pledged to enhance power supply
African Business News
Kaduna State Leads Northern Region in Revenue Generation with N62.48 Billion in 2023
Kaduna State has emerged as the northern region’s top-performing state in internally generated revenue (IGR), amassing an impressive N62.48 billion
African Business News
Nigerian Hotels Face Shutdowns Amid Soaring Inflation
The high rate of inflation in Nigeria is significantly impacting the hospitality industry, with many hotels forced to shut down
African Business News
Nigerians Demand Price Transparency from Dangote Refinery Amid Controversy
Nigerians are expressing outrage over Dangote Refinery’s refusal to disclose the price of Premium Motor Spirit (PMS) months after it
African Business News
Nigeria Confirms Readiness to Host Africa Energy Bank Headquarters
Nigeria has officially confirmed its readiness to host the headquarters of the Africa Energy Bank (AEB), further strengthening its commitment
African Business News
SEC Postpones Third Quarter Capital Market Committee Meeting
The Securities and Exchange Commission (SEC) has announced the postponement of its Third Quarter Capital Market Committee (CMC) meeting, originally
African Business News
FIRS Opens Recruitment for NYSC Members Set to Complete Service by Year-End
The Federal Inland Revenue Service (FIRS) has invited National Youth Service Corps (NYSC) members nearing the end of their service
African Business News
Nigeria Soybean Coalition Aims to Boost Protein Sufficiency
The Nigeria Soybean Stakeholders Coalition (NSSC) has set an ambitious target to enhance the country’s protein sufficiency by increasing soybean
African Business News
Russian Billionaires Boost Net Worth by Over $26 Billion in 2024
The collective wealth of Russia’s wealthiest individuals surged by more than $26 billion since January 2024, as recorded by the
African Business News
Naira Strengthens Against Dollar in Official and Black Markets as November Begins
The naira showed a positive start to November 2024, appreciating against the dollar in both the official and parallel foreign