African Business News

The National Assembly has approved an increase in the budget allocation for the Ministry of Works, raising it from N657.3 […]

The news of the long-awaited start of production at the Dangote Refinery has sent ripple effects through the investment landscape,

The Nigerian National Petroleum Company Limited (NNPCL) has revealed the startling discovery of 83 unauthorized refineries in the Niger Delta

Shell, a global oil giant, has made a landmark decision to sell off its Nigerian subsidiary, Shell Petroleum Development Company

In a move aimed at addressing Nigeria’s persistent power generation challenges, the federal government has recently announced the issuance of

The Nigerian Electricity Regulatory Commission, acting on behalf of the Federal Government, has recently issued 13 new licenses aimed at

Nigeria’s federal government is setting its sights on a substantial 57% boost in revenue collection by 2024. The country’s foremost

In an unexpected turn of events, Nigeria’s Naira made significant strides against the US dollar as trading commenced on Monday.

Former Minister of Communications and Digital Economy, Isa Pantami, has expressed disappointment over the failure of security agencies to effectively

In a significant move, Governor Babajide Sanwo-Olu of Lagos State has officially signed the 2024 Appropriation Bill into law, marking

As the year drew to a close, Nigeria faced a significant surge in food inflation, reaching a staggering 33.93% in

Amid the resurgence of the Port Harcourt oil refinery, the Nigerian National Petroleum Company Limited (NNPCL) has unveiled plans to