Executive Order 09: Urge PIA amendment via National Assembly
President Bola Tinubu’s issuance of Executive Order 09, mandating the remittance of all oil and gas revenues to the federation […]
African Business News
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African Business News
Naira Weakens Against Dollar in Parallel, Official Markets
The Nigerian Naira weakened sharply in the parallel foreign exchange market on Monday, falling to N1,370 per US dollar, according
Nigeria, ECOWAS Solar PV for 15 Health Centers, Schools
The Nigerian government, through the Rural Electrification Agency (REA), has partnered with the Economic Community of West African States (ECOWAS)
NPA: 33 vessels with petroleum, food due Lagos ports
Thirty-three vessels carrying essential commodities, including petroleum products and food supplies, are scheduled to arrive at major seaports in Lagos
EO9 Constitutional, Presidency: No Overreach on Oil and Gas
The Nigerian Presidency has defended Executive Order 9 (EO9) on oil and gas revenue management as a constitutional exercise of
PropTech Nigeria Real Estate Digitization Urbanization
Nigeria’s real estate sector is poised for significant transformation, driven by rapid urbanisation, accelerating digitisation, and a slow shift toward
Capital Importation Surge Not Boosting Nigeria Productivity
Nigeria’s capital importation rebounded sharply in the third quarter of 2025, rising 380 percent year-on-year to $6,014.77 billion from $1,252.66
Dangote Refinery Shares Available to Nigerians by 2026
Aliko Dangote, Chairman of the Dangote Group, has announced that Nigerian citizens will be able to purchase shares in the
Nigeria Wins €6.2m Arbitration Against European Dynamics
The Nigerian government has successfully defended against a €6.2 million arbitration claim brought by European Dynamics UK Ltd., an international
Nigeria’s $50M Impact Innovation Fund for Social Startups
The Nigerian government has formalised a $50 million Impact Innovation Fund to support early-stage startups addressing critical social challenges, following
Solar Battery Safety Concerns Raised After Kano Market Fire
A fire that destroyed over 1,000 shops at Singer Market in Kano has intensified scrutiny of safety standards within Nigeria’s
Trump Defies Supreme Court, Raises Global Tariff to 15%
Trump Escalates Global Tariffs to 15% After Supreme Court Rebuke President Donald Trump has raised the baseline tariff on all