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Business - Page 89

Stronger Local Content Policies Key to Unlocking Africa’s Energy Market Value – Ogbe

Nigeria’s Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, says Africa risks losing billions in potential market value unless oil-producing nations hardwire local content policies into their energy strategies. Speaking at the 4th African Petroleum

November 6, 2025

Business·News·Oil & Gas

FCCPC Challenges Court Ruling In Dangote Refinery Import Licence Case, Argues Monopoly Concerns

The Federal Competition and Consumer Protection Commission (FCCPC) has appealed a Federal High Court decision that dismissed its request to be part of the legal battle over Dangote Petroleum Refinery and Petrochemicals FZE’s N100 billion import licence case. FCCPC’s appeal, filed by

March 20, 2025

Business·News

Transgreen MD, Orakpo, Calls For Speedy Implementation Of Executive Order On Pharmaceutical Products

Mr Cyprian Orakpo, CEO of Transgreen Nigeria Limited, manufacturers of O-Care Disposable Syringes and Face Masks, has called for speedy implementation of the Nigerian Government’s Executive Order on imported pharmaceutical inputs. This, he said would help to promote ease of doing business

March 20, 2025

Africa·Business

List of Largest Russian Food Markets In Africa, Their Recent Value Change

Russian agricultural exports to Africa have seen a significant rise in 2024, with total exports expected to exceed $7 billion. This marks a 19% increase from 2023, reflecting Africa’s growing dependence on Russian food supplies. Wheat, barley, and corn make up nearly

March 20, 2025

Business·FEATURES·Oil & Gas

Dangote Refinery Halts Sale Of Petrol In Naira: What Does This Mean For Nigerians?

Dangote Petroleum Refinery, Nigeria’s largest private refinery, has temporarily stopped selling petroleum products in naira to marketers. This decision, announced in an official statement, has raised concerns about the potential economic and social impact on Nigerians. The refinery cited its need to

March 20, 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 20th March 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market, also known as black market, as of 20th March 2025 is N1,580

March 20, 2025

Business·Markets

Nigeria’s Stock Market Declines For Third Consecutive Day As Investors Remain Cautious

The stock market continued its downward trend on Wednesday as weak investor sentiment led to another day of losses. This marks the third consecutive day of negative performance, with bargain hunters failing to stabilise the market. Since the beginning of the week,

March 20, 2025

AMA News·Business·Technology

New AI-powered “Africa Bias Buster” helps writers identify and eliminate unconscious bias in storytelling about Africa

JOHANNESBURG, South Africa, 19 March 2025-/African Media Agency(AMA)/- The AI Shop, in partnership with Africa No Filter, has announced the launch of the Africa Bias Buster, an innovative AI-powered tool designed to detect and eliminate bias in writing about Africa. This ground-breaking

March 19, 2025

Africa·Business·News

African Countries With High Personal Income Tax

Taxation is a fundamental aspect of a nation’s economic framework, directly impacting government revenue and individual finances. In Africa, personal income tax rates differ widely, with some countries imposing higher rates to fund essential public services. Understanding these variations is crucial for

March 19, 2025

Business·Markets

Nigeria’s Stock Market Declines As BUA Cement, Others Suffer N275bn Loss

The stock market in Nigeria experienced a decline on Tuesday as BUA Cement Plc and other major stocks saw a drop in their share prices. This led to a loss of N275 billion in market value, affecting investor confidence. The All-Share Index

March 19, 2025

Business·News

Lawmakers Pass Tax Reform Bills After Months Of Debate

The House of Representatives has passed the four Tax Reform Bills, months after facing strong opposition and intense debates. The bills, sent by President Bola Tinubu to the National Assembly in October 2024, were read for the third time during Tuesday’s plenary

March 18, 2025

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Business - Page 89

Stronger Local Content Policies Key to Unlocking Africa’s Energy Market Value – Ogbe

FCCPC Challenges Court Ruling In Dangote Refinery Import Licence Case, Argues Monopoly Concerns

Transgreen MD, Orakpo, Calls For Speedy Implementation Of Executive Order On Pharmaceutical Products

List of Largest Russian Food Markets In Africa, Their Recent Value Change

Dangote Refinery Halts Sale Of Petrol In Naira: What Does This Mean For Nigerians?

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 20th March 2025

Nigeria’s Stock Market Declines For Third Consecutive Day As Investors Remain Cautious

New AI-powered “Africa Bias Buster” helps writers identify and eliminate unconscious bias in storytelling about Africa

African Countries With High Personal Income Tax

Nigeria’s Stock Market Declines As BUA Cement, Others Suffer N275bn Loss

Lawmakers Pass Tax Reform Bills After Months Of Debate

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