The latest Monthly Oil Market Report (MOMR) from the Organisation of Petroleum Exporting Countries (OPEC) reveals a 13.3% month-on-month decrease in Nigeria’s rig count from 15...
A new report from Standard Chartered Bank Group anticipates that intra-Africa exports will surge to $1 trillion by 2035 following the implementation of the African Continental...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of November 14th, 2023, the dollar...
Saudi Arabian authorities have canceled the visas of all 264 passengers flown by Nigeria’s Air Peace on its route from Kano to Jeddah. The airline had...
Netflix, the world’s leading paid video streaming service, is facing increased competition in Africa with Showmax now surpassing it to become the continent’s market leader, according...
African telecommunications giant MTN is reportedly contemplating an “orderly exit” from its operations in Guinea-Bissau, Guinea-Conakry, and Liberia, according to a report by Business Insider Africa....
Oil prices experienced fluctuations on Monday, driven by renewed concerns about declining demand in the United States and China, along with mixed signals from the U.S....
Dr. Umaru Kwairanga, the Group Chairman of the Nigerian Exchange, NGX Group, has revealed plans for a dual listing with the Saudi Exchange. Speaking at the...
The United Bank for Africa (UBA) Plc has seized the assets of Stallion Nigeria Limited and its subsidiaries in Lagos, Port Harcourt, and Kano, following a...
Edo State Governor, Mr Godwin Obaseki, has unveiled plans for the expansion of the Edo Modular Refinery by an additional production capacity of 6,000 barrels per...