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News - Page 233

Transparency Questions Cloud Dangote’s $16bn Lamu Refinery Project

October 4, 2026

A $16 billion oil refinery planned by Nigerian billionaire Aliko Dangote in Kenya is facing growing scrutiny over ownership, government commitments and transparency, days after construction formally began. Dangote and Kenyan

Africa·News·Top Stories

Egypt Uses AU Summit to Push Trade, Investment Across Africa

October 4, 2026

Egyptian President Abdel Fattah El-Sisi used an African Union summit in Egypt to push for faster continental economic integration, holding talks with South African President Cyril Ramaphosa and other African leaders on

News·Politics·Top Stories·World News

Machado Unable to Attend Nobel Peace Prize Ceremony Amid Travel Restrictions

Venezuelan opposition leader María Corina Machado will not attend the Nobel Peace Prize ceremony in Oslo on Wednesday, the Norwegian Nobel Institute confirmed, citing that her current whereabouts are unknown. Prime Business Africa reports that the development has drawn global attention,

December 10, 2025

News·Politics·Top Stories·World News

Brazil’s Lower House Approves Bill That Could Slash Bolsonaro’s 27-Year Jail Term

Brazil’s Chamber of Deputies has approved a bill that could dramatically reduce former President Jair Bolsonaro’s 27-year prison sentence to just over two years if the measure is also endorsed by the Senate, according to reports from France 24 and AFP. The

December 10, 2025

News

Kenya Sends Additional Police Contingent to Haiti Amid Rising Gang Violence

Kenya has deployed 230 more elite police officers to Haiti, marking its fifth contingent to join the multinational effort aimed at suppressing gang violence in the Caribbean nation. This deployment comes as the security situation in Haiti continues to deteriorate, with gangs

December 10, 2025

Africa·Business News·News·Politics

Niger Tightens Inspections on Nigerian Goods Amid Regional Security Concerns

The Republic of Niger has ordered stricter inspections on all goods entering from Nigeria, particularly items classified as “miscellaneous,” requiring them to be unloaded and cleared at border entry points before any transit procedures, according to a directive signed by Colonel Mohamed

December 9, 2025

News·Politics·Top Stories

Senate Summons Keyamo, Airline Operators Over Soaring Airfares Ahead of Festive Travel Rush

The Senate has summoned the Minister of Aviation, Festus Keyamo, along with major airline operators and aviation regulators, following nationwide outrage over the sudden spike in domestic airfares as Nigerians prepare for the busy holiday travel season. The decision was reached during

December 9, 2025

News·Politics·Top Stories

Fubara Dumps PDP, Joins APC, Says Move Necessary to “Fully Support” President Tinubu

Rivers State Governor Siminalayi Fubara has formally defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC), ending months of speculation and marking a major political shift in one of Nigeria’s most influential states, Prime Business Africa reports. Fubara

December 9, 2025

Finance & Economy·News·Politics

Enugu Unveils ₦1.6trn ‘Budget of Renewed Momentum’ for 2026, Prioritises Education, Infrastructure, New City Projects

Enugu State Governor Peter Mbah has presented a record ₦1.617 trillion budget for the 2026 fiscal year, describing it as a blueprint for “full-scale impact” across critical sectors after two years of foundation-building reforms. Tagged the Budget of Renewed Momentum, the proposal

December 9, 2025

Africa·News·Top Stories

NAF C-130 Lands Safely in Burkina Faso Amid Regional Airspace Dispute

On Monday, a Nigerian Air Force (NAF) C-130 transport aircraft on a ferry mission to Portugal made a precautionary landing at Bobo-Dioulasso Airport in Burkina Faso after the crew reported a technical issue. According to the NAF, the landing followed standard safety

December 9, 2025

Business News·Finance & Economy·News·Top Stories

New Tax Laws Poised to Strengthen Nigeria’s Competitiveness, Not Scare Investors, Presidency Insists

Nigeria’s new tax framework, set to take effect in January 2026, is designed to modernize the country’s fiscal system, simplify compliance, and enhance economic competitiveness, the Special Adviser to President Tinubu on Economic Affairs, Dr. Tope Fasua, has said. Addressing growing public

December 9, 2025

Business News·Finance & Economy·News·Top Stories

CBN Approves 82 Licensed BDCs, Publishes Full List Under New FX Regulatory Framework

The Central Bank of Nigeria (CBN) has granted final operating licences to 82 Bureaux De Change (BDCs) under its revised 2024 Regulatory and Supervisory Guidelines, marking one of the most significant clean-ups of the retail foreign exchange market in recent years.

December 9, 2025

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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 233

Transparency Questions Cloud Dangote’s $16bn Lamu Refinery Project

Egypt Uses AU Summit to Push Trade, Investment Across Africa

Machado Unable to Attend Nobel Peace Prize Ceremony Amid Travel Restrictions

Brazil’s Lower House Approves Bill That Could Slash Bolsonaro’s 27-Year Jail Term

Kenya Sends Additional Police Contingent to Haiti Amid Rising Gang Violence

Niger Tightens Inspections on Nigerian Goods Amid Regional Security Concerns

Senate Summons Keyamo, Airline Operators Over Soaring Airfares Ahead of Festive Travel Rush

Fubara Dumps PDP, Joins APC, Says Move Necessary to “Fully Support” President Tinubu

Enugu Unveils ₦1.6trn ‘Budget of Renewed Momentum’ for 2026, Prioritises Education, Infrastructure, New City Projects

NAF C-130 Lands Safely in Burkina Faso Amid Regional Airspace Dispute

New Tax Laws Poised to Strengthen Nigeria’s Competitiveness, Not Scare Investors, Presidency Insists

CBN Approves 82 Licensed BDCs, Publishes Full List Under New FX Regulatory Framework

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Transparency Questions Cloud Dangote’s $16bn Lamu Refinery Project

Egypt Uses AU Summit to Push Trade, Investment Across Africa

SERAP Urges Tinubu to Probe Alleged ₦94.4 Billion Petroleum Funds Irregularities

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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

Transparency Questions Cloud Dangote’s $16bn Lamu Refinery Project

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News - Page 233

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