Dangote Refinery: Oil Markets Back Full Petrol Supply
Oil marketers in Nigeria have shifted their stance to support the Dangote Refinery supplying the entire local market for petrol, […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
![[UPDATED] World Oil Prices Jump Over 5% After Dangote Refinery Slashed Petrol By ₦100/Litre](https://mediatalkafrica.com/wp-content/uploads/2026/03/Dangote-Cuts-Petrol-₦100-as-Global-Oil-Prices-Jump-5.jpg "Dangote Cuts Petrol ₦100 as Global Oil Prices Jump 5%")
Dangote Cuts Petrol ₦100 as Global Oil Prices Jump 5%
Global oil prices rose more than five per cent on Wednesday, recovering from a drop the previous day, as Brent
Naira Rises Against Dollar in Official Market After Weeks
The Nigerian Naira recorded its first appreciation against the US dollar in the official foreign exchange market in three weeks,
African Business News
IEA Reserve Release Steadies Oil, Lifts Asian Stocks
Asian stock markets extended their recent rally on Wednesday, while oil prices stabilized following a report that the International Energy
African Business News
Qatar Airways 29 Flights Thursday with Temporary Approval
Qatar Airways has announced it will operate 29 flights to and from Doha on Thursday, following a temporary authorisation from
African Business News
FG Suspends Petrol Imports Under PIA, Local Refineries Win
The Nigerian government has halted the issuance of new petrol import licences for a second consecutive month, a policy shift
African Business News
Japan Sets Eightfold Semiconductor Sales Target for 2040 vs 2020
Japan has announced an ambitious plan to increase domestic microchip sales eightfold by 2040 compared to 2020 levels, marking a
African Business News
Saudi Defense Intercepts Seven Drones at Shaybah Oil Field
Saudi Arabia’s defense ministry confirmed the interception and destruction of seven unmanned aerial vehicles (UAVs) targeting the Shaybah oil field
Middle East War Economic Fallout: Oil and Inflation Fears
Global energy markets remained volatile this week as the escalating conflict in the Middle East triggered coordinated policy responses and
Dangote Cut Reduces Petrol Prices at Filling Stations
Nigerian filling stations have begun adjusting retail fuel prices following a recent reduction in the refinery gantry price by Dangote
Trump Warns Iran of Military Strike if Mines Hormuz
US President Donald Trump has issued a stark warning to Iran, stating that any mining of the Strait of Hormuz
Tinubu Deploys 100,000 CNG Kits to Offset War Fuel Costs
President Bola Tinubu has ordered the rapid deployment of approximately 100,000 Compressed Natural Gas (CNG) conversion kits to mitigate rising