Business

BusinessNews

Niger, UAE Firm Sign Deal to Establish Gold Refinery – Mines Minister Vows Local Processing to Benefit Citizens

Niger has signed a joint venture agreement with the Emirati company Suvarna Royal Gold Trading LLC to establish the country’s first gold refinery...

BusinessNews

33 West Africans Rescued from a Human Trafficking Scheme in Côte d’Ivoire

Police in Côte d’Ivoire have rescued 33 West Africans from a human trafficking operation that promised them jobs in Canada. The victims, from...

BusinessNews

Ghana Moves to Take Over Damang Mine, Orders Gold Fields to Exit

The Ghanaian government has ordered Gold Fields to halt operations at the Damang gold mine and vacate the site by April 18, when...

Togo Shea Nut Exports
BusinessNews

Togo, 7th Largest Producer of Shea Nuts, Suspends Exports to Strengthen Local Processing Industry

Togo has suspended the export of shea nuts and shea kernels to address a shortage of raw materials for local processing units. The...

BusinessNewswaw focus

Tinubu, Nigeria’s Petroleum Minister to Approve 10-Month-old Tech Firm as Winner of Oil Block Bid – Outbids Major Companies.

The unexpected success of a Lagos-based technology firm in Nigeria’s oil block bidding has sparked speculation about the federal government’s influence in the...

Dangote Refinery Halts Naira
BusinessNews

Dangote Refinery Halts Naira Sales Despite NNPC’s Denial of Naira-for-Crude Contract Cancellation

Dangote Petroleum Refinery has temporarily halted the sale of petroleum products in naira, citing challenges in balancing crude oil purchase obligations with sales...

Niger Expels Chinese Executives
BusinessNews

ICYMI: Niger Expels 3 Chinese Oil Executives, Shuts Down Chinese-Owned Hotel In Niamey

According to local media and official sources, The Nigerien government expelled three Chinese oil company executives and revoked the operating licence of a...

Pfizer Shuts Down Nigeria
BusinessNews

Pfizer Shuts Down Commercial Operations in Nigeria, Lays Off Employees

Global pharmaceutical giant Pfizer has shut down its commercial operations in Nigeria, rendering its commercial employees redundant, according to internal company correspondence obtained...

Petrol Prices
BusinessNews

Despite Non-Renewal of Naira-for-crude Contract, NNPC Insists Policy Not Yet Cancelled

The Nigerian National Petroleum Company Limited (NNPC) has announced that its six-month naira-for-crude agreement with Dangote Refinery is set to expire at the...

BusinessNews

Pay More, Get Less: Nigerians Complain of Fast-Draining Data and Poor Network

Nigerians lament that network quality has significantly deteriorated despite paying more for telecommunications services. Many subscribers report frequent service disruptions, slow internet speeds,...

New Haven Enugu
BusinessNews

Enugu Assembly Moves to Regulate Rent, Scrap Caution Fees in New Bill

The Enugu State House of Assembly has introduced a bill seeking to regulate rent and address arbitrary housing charges. The Landlord and Tenant...

MultiChoice increase subscription prices
BusinessNews

MultiChoice Hikes DStv, GOtv Subscription Prices Again, Citing Inflation

MultiChoice Nigeria has announced another increase in the subscription prices for its DStv and GOtv packages, effective March 1, 2025. The company attributed...