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News - Page 15

Business News·Nigeria·Oil & Gas·Top Stories

NNPC Reports 33% Rise in Profit to ₦7.2tn Despite Revenue Decline

September 29, 2026

NNPC Ltd. reported a 33% increase in profit after tax to ₦7.2 trillion for the 2025 financial year, despite a 24% decline in revenue to ₦34.5 trillion, Group Chief Executive Officer Bayo

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

Africa·Business News·Top Stories

Dangote Says Lamu Refinery will Withstand Legal Challenge

September 29, 2026

Nigerian billionaire Aliko Dangote said on Tuesday that a legal challenge over land earmarked for his proposed oil refinery in Kenya would not derail the project, describing such disputes as a normal

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

Africa·News·Politics

Madagascar Ex-Senate President Sentenced to 10 Years Over Protest Crackdown

Madagascar’s former Senate president Richard Ravalomanana was sentenced to 10 years of hard labour on Tuesday, September 2026 after being convicted of complicity in murder and intentional assault and battery over his alleged role in a crackdown on youth-led protests last year.

September 4, 2026

News·Nigeria·Top Stories

ICC Rejects Anonymous Nigeria Kidnapping Petition

The International Criminal Court has dismissed an anonymous request seeking an investigation into alleged systemic kidnappings in Nigeria as crimes against humanity, Nigeria’s Attorney-General of the Federation Lateef Fagbemi said on Thursday. Fagbemi said the ICC’s Pre-Trial Chamber II dismissed the

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

Business News·Top Stories·World News

“No Oil Spill Yet?” SDCEA Presses Transnet Over Durban Port Ship Crash

The South Durban Community Environmental Alliance (SDCEA) has written to Transnet National Ports Authority demanding full disclosure on a vessel collision at the Port of Durban on 1 September 2026, citing concerns over marine pollution, public safety and potential disruption to Africa’s

September 4, 2026

Africa·News

Belgian Court Sends Semlex, 13 others to Trial Over Congo Passport Deal

A Brussels court has ordered Belgian biometrics company Semlex and 13 other defendants to stand trial over alleged corruption, money laundering and tax fraud linked to a contract to produce biometric passports for the Democratic Republic of Congo. The Brussels Council Chamber

September 3, 2026

Total Blackout In Parts Of Northeast Nigeria As Vandals Pull Down TCN Towers

News·Nigeria·Power·Top Stories

TCN Maintenance Disrupts Power Supply in Parts of Ogun State

The Transmission Company of Nigeria (TCN) began a two-day scheduled maintenance exercise at its Sagamu Transmission Substation on Thursday, disrupting electricity supply to some communities and customers in Ogun State, Prime Business Africa reports. TCN said the annual preventive maintenance involves two

September 3, 2026

Nigerian Political Leaders Should Learn From Kenya's Experience - Obi

Africa·News·Top Stories

Ruto Orders Crackdown on Foreigners in Kenya’s Small Trade

Kenyan President William Ruto has ordered a crackdown on foreign nationals operating small-scale businesses, saying activities that can be undertaken by Kenyan traders should be reserved for citizens. Ruto said authorities would begin enforcement action next week, ahead of the completion

September 3, 2026

Africa·News·Top Stories

Ghana Foreign Ministry Backs Fourth Estate Probe, Moves to Digitise Attestation Services

Ghana’s Ministry of Foreign Affairs has backed an investigation by The Fourth Estate into alleged illegal charges in the processing of attestation documents and said a man implicated in the report had been sanctioned and referred to law enforcement, Prime Business Africa

September 3, 2026

Africa·Business News·News·Top Stories

Ethiopia, IFC Sign Framework to Establish First Mortgage Refinance Company

Ethiopia’s central bank and the International Finance Corporation (IFC) have signed a framework agreement to establish the country’s first dedicated mortgage refinance company, aimed at easing long-term funding constraints in the banking sector and expanding access to housing finance, Prime Business Africa

September 3, 2026

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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

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

On Thursday, the official foreign exchange (FX) rate for the

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News - Page 15

NNPC Reports 33% Rise in Profit to ₦7.2tn Despite Revenue Decline

Dangote Says Lamu Refinery will Withstand Legal Challenge

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

Madagascar Ex-Senate President Sentenced to 10 Years Over Protest Crackdown

ICC Rejects Anonymous Nigeria Kidnapping Petition

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

“No Oil Spill Yet?” SDCEA Presses Transnet Over Durban Port Ship Crash

Belgian Court Sends Semlex, 13 others to Trial Over Congo Passport Deal

TCN Maintenance Disrupts Power Supply in Parts of Ogun State

Ruto Orders Crackdown on Foreigners in Kenya’s Small Trade

Ghana Foreign Ministry Backs Fourth Estate Probe, Moves to Digitise Attestation Services

Ethiopia, IFC Sign Framework to Establish First Mortgage Refinance Company

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Wealth Without Access is Stranded Wealth – Opiva Capital Chairman

NNPC Reports 33% Rise in Profit to ₦7.2tn Despite Revenue Decline

Dangote Says Lamu Refinery will Withstand Legal Challenge

South Africa Q2 FDI surges 145% Despite Economic Contraction

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

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

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

Wealth Without Access is Stranded Wealth – Opiva Capital Chairman

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News - Page 15

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