Tinubu Deploys 100,000 CNG Kits to Cushion Transport Costs
President Bola Tinubu has ordered the immediate deployment of 100,000 Compressed Natural Gas (CNG) conversion kits nationwide to mitigate rising […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
IEA Weighs Releasing Oil Reserves Over Middle East War
The International Energy Agency (IEA) convened emergency talks on Tuesday to evaluate global oil supply security and the potential activation
Food Production Fuels Eight New Russian Billionaires
Russia’s presence on the 2026 Forbes World’s Billionaires List has reached a record 155 nationals, with a combined wealth of
NNPC Secures Tinubu’s $20B Bonga Southwest Project Approval
NNPC Secures Presidential Approval for $20 Billion Bonga Southwest Deepwater Project Nigeria’s state-owned oil firm, NNPC Limited, has received President
Emirates Suspends Dubai Flights Indefinitely Due to Airspace
Emirates airline has suspended all flights to and from Dubai’s two international airports indefinitely, citing the closure of airspace across
NNPCL Raises Petrol Price Second Time to N967 in Four Days
The Nigerian National Petroleum Company Limited (NNPCL) has raised its domestic petrol price for the second time in four days,
Anambra Manufacturers Push Gas Shift Over High Diesel Cost
Manufacturers in Anambra State have highlighted the severe impact of rising diesel and fuel costs on their operational viability, calling
Dangote Refinery Hike Pushes Fuel Pumps Over N1000
Dangote Refinery has raised its Premium Motor Spirit (PMS) gantry price for the second time in four days, setting a
India Gas Rationing Threatens Restaurant Closures
India has imposed stricter controls on natural and cooking gas supplies, prioritising critical sectors after import disruptions linked to the
Dangote Cuts Petrol Price by ₦100 After Hikes
The Dangote Refinery has reduced its ex-gantry petrol price to ₦1,075 per litre, a decrease of ₦100 from the previous
Mini-Grids Deployed to Bypass Nigeria’s Grid Flaws
The Rural Electrification Agency (REA) is deploying independent mini-grid systems across Nigeria to provide reliable electricity to isolated communities, bypassing
Nuclear Power Crucial for Europe’s Energy Independence
European leaders Ursula von der Leyen and Emmanuel Macron have urged a significant expansion of civilian nuclear power across the