Nigeria’s Fuel Subsidy Scandal: N15.57tr Spent Over 17 Years
Nigeria’s Fuel Subsidy Controversy: A Multibillion-Dollar Tab In a shocking revelation, the Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria to slash transportation fares by 40% with CNG alternative
Nigeria Aims to Cut Transportation Fares by 40% with Compressed Natural Gas Initiative The Federal Government of Nigeria has announced
Globacom Partners with Oyo State to Boost Tertiary Education
Digital Solution Company Globacom Partners with Oyo State to Foster Tertiary Education A recent meeting between Globacom, a leading digital
African Business News
Naira Gains 35 Cents Against Dollar, Ends Week Strong
Naira Appreciates Against Dollar, Ending Week on a Strong Note The Nigerian naira has continued its upward trend, appreciating against
Emirates Returns to Nigeria After Diplomatic Talks
Nigeria and UAE Inch Closer to Strengthening Aviation Ties Amid Emirates’ Return Earlier this week, Nigeria took a significant step
Petrol Landing Cost Drops to N981/litre Amidst Crude Oil Price Decline
Petrol Prices Slump in Nigeria Amid Drop in Global Oil Prices In a rare move, the landing cost of petrol
Petrol Prices Drop as Landing Cost Falls to N981.08
Petrol Price Drop in Nigeria: What’s Behind the Fall and What’s Next? Nigeria’s energy landscape is in the spotlight again
Oil Firms Owe Nigeria $6.175bn in Royalties and Taxes
Oil Companies’ Debt to Nigerian Government Soars to $6.175 Billion A recent audit by the Nigeria Extractive Industries Transparency Initiative
Gates Foundation Donates $600k for Nigerian Flood Relief, Health
Nigeria Secures $600,000 Relief Fund and Gates Foundation Support The Nigerian government has secured a significant relief fund and commitments
Fed Govt Plans to Toll Major Roads, Says Minister
Federal Roads to be Tolls after Renovation The government of Nigeria has announced that major roads across the country will
Dangote Refinery: Oil Marketers Seek Direct Purchase of Petrol
Breaking News: Independent Oil Marketers Plan Direct Deal with Dangote Refinery Oil marketers in Nigeria have set their sights on
Nigeria Switches to Naira Payments for Port Fees
Nigeria to Ditch Dollar, Shift to Naira for Maritime Fees In a major move to prioritize the use of local