Punch Nigeria Deepens Strategic Partnerships with Government
PUNCH Nigeria Limited has launched a series of high-level courtesy visits to key government and private sector institutions, aiming to […]
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
EV Price Drop in EU Lifts Sales as Climate Targets Debated
The average price of a new electric car in Europe fell for the first time since 2020 last year, providing
African Business News
Nigeria Advocates Gulf Oil Diversification in Crisis
Nigeria’s Foreign Minister Yusuf Tuggar has urged Gulf oil and gas producers to view Nigeria as a strategic partner rather
African Business News
Venezuela Appoints New Oil Minister Under US Pressure
Venezuela’s interim government has appointed a new Minister of Hydrocarbons, a critical role in the oil-dependent nation, as it accelerates
African Business News
Mexico Mulls Australia-Style Social Media Ban for Minors
Mexico is exploring the implementation of an Australia-style restriction on social media access for minors, joining a growing global movement
African Business News
Air NZ Cuts 1,100 Flights Over Middle East Fuel Surge
Air New Zealand will cancel approximately 1,100 flights over the next two months, a move the airline directly attributes to
African Business News
Fuel Prices Reflect Market Realities, Thankful for Refining
Nigeria’s Finance Minister, Wale Edun, has stated that current elevated fuel prices reflect global market realities and highlighted the nation’s
FirstPower Blames National Power Drop for Anambra Outage
FirstPower Electricity Distribution Company Limited (FPEDL) has attributed recent poor power supply in Anambra State to a significant drop in
NNPCL cuts petrol price by N95 after Dangote Refinery cut
The Nigerian National Petroleum Company Limited (NNPCL) has reduced its retail pump price for petrol by N95 per liter, effective
Porsche Profit Plunges 93% After Scrapping EV Program
Porsche AG has reported a near 93% collapse in its 2025 operating profit, a direct result of the luxury automaker
FG suspends petrol import licences for second month
Nigeria’s federal government has suspended the issuance of new petrol import licences for a second consecutive month, officials confirmed on
Ibadan Petrol Stations Hold Prices Despite Dangote Cut
Petrol stations in Ibadan, Oyo State, have maintained their retail prices despite a recent N100-per-litre reduction in the ex-depot, or