Abia Partners AfDB in $200m Agro-Industrial SAPZ Tranche 2
Abia State Government has finalised plans to partner with the African Development Bank (AfDB) on a $200 million agro-industrial project […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Oil Revenues Now Directly Remitted to FAAC Under Exec Order 9
The Federal Government of Nigeria has commenced the implementation of Executive Order 9 of 2026, which mandates the direct remittance
Oil Revenues Direct Remittance to FAAC Under EO 9 Begins
The Nigerian government has begun enforcing Executive Order 9 (2026), which mandates that all revenues from petroleum operations be paid
Oil Prices Soar on US-Israeli Iran Strikes, Asia Stocks Fall
Oil prices surged and Asian equity markets declined sharply on Monday following US-Israeli military strikes on Iran that killed senior
FG Commissions CNG Station at OAU for Cleaner Energy
The Federal Government of Nigeria has commissioned an integrated Compressed Natural Gas (CNG) refueling station at Obafemi Awolowo University (OAU),
OPEC+ Boosts Oil Output Beyond Expectations Amid Iran Crisis
The OPEC+ alliance, led by Saudi Arabia and Russia, approved a larger-than-expected oil production increase on Sunday, agreeing to add
Nigeria Gas Pipeline AKK Gwagwalada July 2026 Investor Drive
The Nigerian National Petroleum Company Limited (NNPC) is actively courting investors to accelerate key gas infrastructure projects, most notably the
![[VIDEO] NICA Installs Markie Idowu As First Female President, Honours Distinguished Nigerians • Channels Television](/wp-content/uploads/2026/03/NICA-Inaugurates-First-Female-President-Markie-Idowu.jpg "NICA Inaugurates First Female President Markie Idowu")
NICA Inaugurates First Female President Markie Idowu
The National Institute of Credit Administration (NICA), Nigeria’s chartered professional body for credit management, has installed Dr. Markie Idowu as
Infinix NOTE 60 Pro Launches with Snapdragon 7s Gen 4
Infinix has launched the NOTE 60 Series globally, introducing the NOTE 60 Pro and NOTE 60 smartphones. The series represents
OpenAI Signs Pentagon AI Deal After Trump Bans Anthropic
OpenAI has secured a Pentagon contract to integrate its artificial intelligence tools into the U.S. military’s classified systems, CEO Sam
Oil Prices Surge on Strait of Hormuz Shipment Suspension
Major Oil Firms Suspend Hormuz Shipments as Regional Tensions Surge Several major international oil companies have suspended cargo shipments through
Crude Oil Prices Spike as Hormuz Shipments Suspended
Several major oil companies have suspended shipments through the Strait of Hormuz, raising immediate concerns of a sharp spike in