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Finance & Economy - Page 5

PMS Price: Marketers Raise Concerns Over Epileptic Fuel Supply

Kenya’s Fuel Price Hike Threatens to Push Up Transport, Business Costs

October 15, 2026

Kenya raised pump prices for petrol, diesel and kerosene for the month to Nov. 14, as higher import costs pushed up fuel prices and threatened to increase transport, food distribution and business

Finance & Economy·News·Top Stories

Nigeria Shifts From Economic Stabilisation to Investment-Driven Growth, CBN Says

October 14, 2026

Central Bank of Nigeria Governor Olayemi Cardoso said Nigerians benefit from economic stability even when they do not immediately feel its effects, as the country shifts its focus towards attracting investment, deepening

Finance & Economy·News·Nigeria·Top Stories

CBN Elevates Terrorism Financing Supervision as Priority

The Central Bank of Nigeria (CBN) has elevated terrorism financing supervision to a current priority as part of efforts to prevent the country’s financial system from being exploited by illicit actors. In astatement signed by Hakama Sidi-Ali, acting Director of Corporate Communications

September 9, 2026

I’m Ready To Lose Money To Give Nigerians Cheap Fuel – Dangote

Africa·News·Oil & Gas·Top Stories

Dangote Opens $1.6 Billion Refinery IPO, Sets Minimum Investment at N5,250

Nigerian billionaire Aliko Dangote on Monday, Sept. 7, signed documents for an initial public offering of Dangote Petroleum Refinery and Petrochemicals, seeking to raise about 2.15 trillion naira ($1.63 billion) to finance an expansion of the refinery, Prime Business Africa reports.

September 7, 2026

Ghana Plans Petroleum Import From Dangote Refinery

News·Nigeria·Oil & Gas·Top Stories

Dangote Refinery Sets N525 Share Price for Planned IPO

Nigeria’s Dangote Group plans to price shares in the initial public offering of its refinery business at 525 naira ($0.40) each, potentially raising about $1.5 billion in what could be Africa’s biggest-ever share sale, two sources with direct knowledge of the transaction

September 4, 2026

News·Nigeria·Oil & Gas·Top Stories

Toxic Fumes Kill at Least 37 in Suspected Oil Theft Operation in Nigeria

At least 37 people died after inhaling toxic fumes while allegedly attempting to steal oil from a loading vessel in Nigeria’s oil-producing Rivers state, an environmental advocacy group said on Friday, Prime Business Africa reports. The victims were among people who

September 4, 2026

Business News·Nigeria·Oil & Gas·Top Stories

Dangote Refinery IPO to Open Within 12 Days as Expansion Plans Gather Pace

The initial public offering of Aliko Dangote’s Nigerian oil refinery, Africa’s largest, will open within the next 10 to 12 days, the billionaire businessman said on Thursday, potentially setting the stage for one of the continent’s biggest share sales. The offering

September 4, 2026

Africa·Finance & Economy·News

MTN Chairman Urges Africa to Process Critical Minerals Locally as Demand Grows

Africa must use its critical-mineral wealth to develop local processing and manufacturing industries rather than remain primarily an exporter of raw materials, MTN Group Chairman Mcebisi Jonas said. Jonas said African countries could retain more economic value from their mineral resources

September 2, 2026

Petrol Price Drops To N925 At Private Depots, Marketers Count Losses

News·Nigeria·Oil & Gas·Top Stories

Nigeria Labour Congress Rejects Petrol Price Hike, Questions Crude Supply to Dangote

The Nigeria Labour Congress (NLC) has rejected the latest increase in petrol prices, describing it as “avoidable and unacceptable” and questioning why the Federal Government has not ensured greater supplies of Nigerian crude to the Dangote Petroleum Refinery, Prime Business Africa reports.

September 2, 2026

Africa·Finance & Economy·News

King Mswati Backs Regional Trade Links as Eswatini Fair Draws Botswana, Zimbabwe

King Mswati III has called for stronger regional trade and investment cooperation as the 58th Eswatini International Trade Fair draws exhibitors from across Southern Africa, including Botswana and Zimbabwe, Prime Business Africa reports. The 10-day trade fair, being held from Aug. 28

August 30, 2026

Africa·News·Oil & Gas·Top Stories

NCDMB urges African States to Deepen Local Content Cooperation

Nigeria’s oil industry regulator has called for greater cooperation among African countries to expand local content in the oil and gas sector, saying cross-border partnerships could help retain more value on the continent and support industrial development, Prime Business Africa reports. The

August 27, 2026

Africa·News·Oil & Gas·Top Stories

Rwanda Weighs Investment in Dangote’s Planned Kenyan Refinery

Rwanda is exploring an investment in Nigerian industrialist Aliko Dangote’s proposed oil refinery in Kenya, President Paul Kagame said, signalling growing regional interest in a project designed to strengthen East Africa’s petroleum supply chain. Kagame on Monday, August 24, 2026 said that

August 27, 2026

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China, North Korea Open Long-Delayed Bridge to Facilitate Trade

China and North Korea opened a long-delayed border bridge on

Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Iran Conflict Pushes South African Fuel Prices Sharply Higher

South Africa will raise petrol prices by more than 11%

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

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Finance & Economy - Page 5

Kenya’s Fuel Price Hike Threatens to Push Up Transport, Business Costs

Nigeria Shifts From Economic Stabilisation to Investment-Driven Growth, CBN Says

CBN Elevates Terrorism Financing Supervision as Priority

Dangote Opens $1.6 Billion Refinery IPO, Sets Minimum Investment at N5,250

Dangote Refinery Sets N525 Share Price for Planned IPO

Toxic Fumes Kill at Least 37 in Suspected Oil Theft Operation in Nigeria

Dangote Refinery IPO to Open Within 12 Days as Expansion Plans Gather Pace

MTN Chairman Urges Africa to Process Critical Minerals Locally as Demand Grows

Nigeria Labour Congress Rejects Petrol Price Hike, Questions Crude Supply to Dangote

King Mswati Backs Regional Trade Links as Eswatini Fair Draws Botswana, Zimbabwe

NCDMB urges African States to Deepen Local Content Cooperation

Rwanda Weighs Investment in Dangote’s Planned Kenyan Refinery

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China, North Korea Open Long-Delayed Bridge to Facilitate Trade

Kenya’s Fuel Price Hike Threatens to Push Up Transport, Business Costs

China, Botswana Forge Strategic Pact to Expand Mineral Trade, Investment

Nigerian Air Force to Assess Environmental Concerns After Igbokoda Crash

China, North Korea Open Long-Delayed Bridge to Facilitate Trade

Iran Conflict Pushes South African Fuel Prices Sharply Higher

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

China, North Korea Open Long-Delayed Bridge to Facilitate Trade

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