African Business News

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14813 Fuel scarcity

Marketers predict six-month fuel scarcity, prices rise

By Ifunanya / January 12, 2023

The supply hitches associated with the distribution of Premium Motor Spirit, popularly called petrol, may persist till June this year, […]

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20608 Peter Obi

UK shut Obi’s company over account issues – Report

By Ifunanya / January 12, 2023

For failing to submit its annual accounts, authorities in the United Kingdom, have struck off Next International (UK) Limited, a […]

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5284 afcfta rising energy cost forex crisis threaten local manufacturing

AfCFTA: Rising energy cost, forex crisis threaten local manufacturing

By Ifunanya / January 11, 2023

SAMI OLATUNJI examines how local challenges could stop Nigeria from reaping the benefits of the African Continental Free Trade Area […]

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13573 Prof Yemi Osinbajo

Legacy companies must invest in technology, says Osinbajo

By Ifunanya / January 11, 2023

Vice President Yemi Osinbajo Vice President Yemi Osinbajo, on Tuesday in Abuja, said despite the existing business models in most […]

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5274 rising energy cost affecting broadcasting in nigeria bon

Rising energy cost affecting broadcasting in Nigeria – BON

By Ifunanya / January 11, 2023

The Broadcasting Organisation of Nigeria, BON, has said soaring energy costs are affecting the operation and revenue of broadcasters. In […]

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42128 he put everything on the line osinbajo pays tribute to diya

Investment in tech key to economic growth – Osinbajo

By Ifunanya / January 11, 2023

The Vice President, Prof Yemi Osinbajo, SAN, said investment in technology is key to achieving economic growth. According to the […]

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5193 hyundai launches all electric suv in india

Hyundai launches all-electric SUV in India

By Ifunanya / January 11, 2023

South Korean automaker Hyundai Motor India Ltd on Wednesday launched its full-battery electric SUV IONIQ 5 for the Indian market […]

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45618 fuel subsidy oil theft gulped n29tn says fg

FG disburses N173bn for uniform fuel price nationwide

By Ifunanya / January 11, 2023

PMS price exceeds approved rates in states despite equalisation The Federal Government disbursed about N173.2bn for the equalisation of over […]

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5177 nuprc commences 2022 mini bid round

NUPRC commences 2022 mini-bid round

By Ifunanya / January 11, 2023

The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has announced the commencement of its 2022 mini-bid round. The Commission’s Chief Executive […]

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29703 debt crisis nigerias fuel subsidy heavily politicized financial expert laments

FG disburses N173bn for nationwide fuel price equalization amid persisting scarcity

By Ifunanya / January 11, 2023

The Federal Government disbursed about N173.2 billion for equalizing over 11.6 billion litres of Premium Motor Spirit, popularly called petrol, […]

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