FG moves to stop PENGASSAN strike over Dangote Refinery
Nigeria’s energy sector has once again been thrown into tension as the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) threatened a nationwide…
Category: Business
Abuja Kaduna Train Service to Resume After Repairs
The Nigerian Railway Corporation has confirmed that the Abuja to Kaduna passenger train service will resume this week after weeks of suspension caused by a…
EU Unveils €545 Million Clean Energy Plan for Africa
The European Union has announced a major step toward supporting Africa’s transition to renewable energy by launching a €545 million package that will fund clean…
Ecobank exits Mozambique after stake sale to FDH Bank
Ecobank Group has finalized its long-planned exit from Mozambique, closing a chapter that began more than two decades ago. The banking giant, which operates as…
Dangote refinery stops petrol sales in naira
The Dangote Petroleum Refinery has sent shockwaves through the Nigerian oil market after announcing that it will stop selling petrol in naira. The decision, which…
PenCom raises capital base for PFAs
The National Pension Commission has announced a major reform that will change the way Pension Fund Administrators and Custodians operate in Nigeria. In a new…
Amazon to Refund $1.5 Billion in Prime Settlement
Amazon has agreed to pay out one of the largest consumer settlements in recent US history, committing to refund $1.5 billion to customers who were…
Dangote Sugar Rises as Market Struggles
The Nigerian stock market ended another session on a mixed note as the All-Share Index slipped once again despite some impressive gains from key stocks.…
CBN Cuts Rate to 27 Percent
The Central Bank of Nigeria has once again taken a bold step in shaping the nation’s economy by lowering the Monetary Policy Rate to 27…
Airtel Foundation Targets 10m Africans
The Airtel Africa Foundation has announced an ambitious plan that could transform millions of lives across the continent over the next few years. In collaboration…