Dangote Refinery blames NUPRC and IOCs for crude oil supply shortage in Nigeria
Dangote Refinery Blames Crude Oil Supply Issues on NUPRC and IOCs Aliko Dangote, the President and Chief Executive of Dangote […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
China Files WTO Appeal Over EU Tariffs on Electric Vehicles from China
China Challenges EU Tariffs on Electric Vehicles at WTO In a move to protect its electric vehicle industry and global
NUPRC Seeks Stakeholder Input on Domestic Crude Supply Obligations Regulations Amendment
Nigeria’s Uphstream Petroleum Regulatory Commission Set to Amend Domestic Crude Supply Regulations The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has
Naira Strengthens Against Dollar at Official and Parallel Markets
Naira Continues its Rise Against the Dollar in Both Official and Parallel Markets In a further indication of economic stability,
Arik Air Operations Resume as Dispute with Atlas Petroleum is Resolved
Arik Air’s Planes Lifted Grounding, Operations Resume The Federal Government of Nigeria has lifted the suspension on Arik Air’s operations,
Tinubu Reveals N2tn Monthly Fuel Import Cost, Unveils CNG Plan
Nigeria Spends N2tn Monthly on Imported Petrol and Diesel, Says President Tinubu President Bola Tinubu has revealed that Nigeria spends
Tomatoes and Pepper Prices Plummet 57% Amid Nigerian Protests
Prices of Tomatoes and Pepper Plummet Amid Hunger Protests in Nigeria In a surprising turn of events, the prices of
NNPC CEO Denies Involvement in Substandard Fuel Importation, Seeks Live Telecast of Committee Sessions
NNPC Chief Executive Denies Role in Substandard Petroleum Product Imports Mele Kyari, the Group Chief Executive Officer (GCEO) of the
CBN Sells $876M to 26 Banks at Cut-Off Rate of N1495 Per Dollar
Nigeria’s Central Bank Sells $876.26 Million to Banks at Cut-Off Rate of N1495 Per Dollar The Central Bank of Nigeria
African Business News
Nigeria’s Billionaires: Time to Shift from Conspicuous Consumption to Impactful Philanthropy
Bloomberg’s Philanthropic Efforts Inspire a Mindset Shift in Nigeria In a groundbreaking move, Bloomberg Philanthropies has announced a transformative $600
Egyptian Pound Plunges to 49.16 Against US Dollar Amid Inflation and Fuel Price Hikes
Egyptian Pound Slides Against Foreign Currencies, Approaching 50 Per US Dollar The Egyptian pound has continued its downward trend, hitting
Nigeria’s Food Inflation Crisis: The Shift to Cheaper Substitute Food
Nigerians Turn to Local, Cheaper Food Options Amid High Inflation Subheading: As food prices soar, many Nigerians are embracing traditional,