Business Updates

In a significant stride towards establishing Africa as a key player in the global oil and gas arena, the Dangote Refinery in Nigeria has successfully exported 130 million litres of...

The United States government has secured a significant concession from Panama Canal, exempting American government vessels from paying fees to transit the Panama Canal. This development was announced by the...

ECB (The European Central Bank) has issued a warning that the escalating trade tensions between the United States and China could have far-reaching consequences for the eurozone economy. According to...

In a surprising turn of events amidst escalating trade tensions, Ontario Premier Doug Ford has announced a temporary pause on the cancellation of a $100 million contract with Elon Musk's...

Landmark Africa Group has signed a 35-year lease with Enugu State Government for Nike Lake Resort, setting the stage for its transformation into a world-class tourism destination. Learn more about...

PETROAN (The Petroleum Products Retail Outlets Owners Association of Nigeria) has announced a significant development aimed at increasing access to affordable petroleum products nationwide. The association will sign a direct...

Aba Power, the electricity distribution company serving Abia State, has introduced a substantial increase in electricity tariffs for its customers. The new rates, which took effect on January 1, 2025,...

Warri Refinery confirms that oil marketers are set to begin lifting Premium Motor Spirit (PMS), also known as petrol, from the Warri Refinery in February 2025. This development comes as...

FAO's (Food and Agriculture Organization) report reveals that global food commodity prices decreased by 2.1% in 2024 compared to the previous year. This decline is reflected in the FAO's Food...

NATCOMS (The National Association of Telecoms Subscribers) has expressed strong objections to the planned increase, citing the current economic hardship faced by Nigerians. Nigerian telecommunications subscribers (NATCOMS) are vehemently opposing...