Nigeria Customs revenue hits 7.28 trillion
The Nigeria Customs Service has announced that its revenue collections for 2025 exceeded projections, reaching 7.28 trillion. This surpasses the […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Gold price hits record $5111 an ounce amid turmoil
Gold Prices Reach Record High Amid Global Uncertainty The price of gold has surged to a new record high, reaching
Nigeria Energy Access Boosted by REA Lotus Bank Partnership
The Rural Electrification Agency (REA) and Lotus Bank have reached a significant milestone in their collaboration to enhance financing for
Nigeria Customs generates N7.281tn revenue in 2025
The Nigeria Customs Service has achieved a significant revenue milestone, generating N7.281 trillion in 2025, exceeding its approved annual target
Oil prices rise due to US production disruptions
Oil prices increased on Monday, following a 2% rise in the previous session, due to production disruptions in major US
Shell to Invest $20 Billion in Nigeria Oil Sector
Shell Plc’s Global Chief Executive, Wael Sawan, has announced plans to invest an additional $20 billion in Nigeria’s oil and
NNPC congratulates Chevron on successful Niger Delta well completion
The Nigerian National Petroleum Company Limited (NNPC Ltd) has commended Chevron Nigeria Limited (CNL) on the successful completion of the
Dangote Refinery faces capacity challenge amid RFCC shutdown
Dangote Refinery Faces Refining Capacity Challenge Amid Prolonged Shutdown Dangote Refinery is experiencing a refining capacity challenge due to the
Dangote Cement inducts 200 new engineers and professionals
Dangote Cement Plc has inducted nearly 200 newly trained engineers and professionals into its workforce after completing its 18-month Graduate
Gold trading hub Hong Kong expands storage capacity
Hong Kong has signed a significant agreement with the Shanghai Gold Exchange to enhance gold trading and substantially expand its
Nigeria Economic Reforms Promote Job Rich Growth
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has assured that the Federal Government’s economic reforms
Nigeria Gas Supply to Increase with Private Partnerships
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured citizens that it is collaborating with private and government