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News - Page 330

Kenya High Court Fast-Tracks Case over Proposed Dangote Refinery Investment

October 6, 2026

Kenya’s High Court has certified as urgent a petition seeking disclosure of the government’s proposed financial and other commitments to Dangote Industries’ planned $16 billion refinery in Lamu, adding to legal scrutiny

Africa·Business News·Top Stories

Ghana, Egypt Target Trade and Investment Growth in Pharmaceuticals, Infrastructure

October 6, 2026

Ghana and Egypt are seeking to expand bilateral trade and investment, with pharmaceuticals, infrastructure and defence emerging as priority sectors for closer economic cooperation, Prime Business Africa reports. Ghanaian President John Dramani

News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 30th July 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 the black market, as of 30th July 2025, is

July 30, 2025

Finance & Economy·News

Lawmakers Demand Clarity on ₦210 Trillion NNPCL Audit Discrepancies

The Nigerian Senate has issued a 21-day ultimatum to the Nigerian National Petroleum Company Limited (NNPCL) to provide a detailed and reconciled response to audit queries concerning ₦210 trillion in financial discrepancies uncovered in its audited financial statements covering 2017 to 2023.

July 30, 2025

News

Obi Gave ₦576m in 7 Months – Here’s Where the Money Went

Former Anambra State governor and Labour Party’s 2023 presidential candidate, Mr. Peter Obi, has donated a total of ₦576 million toward social causes across Nigeria between January and July 2025, according to data released by Nigerian analytics firm StatiSense. The donations targeted

July 29, 2025

News·Power

TCN Maintenance: It’s Not Total Blackout In Lagos – DisCos insist

Chief Executive Officer of the Association of Nigerian Electricity Distributors (ANED), Sunday Oduntan, has said Lagos residents will not experience a total blackout during the 25-day maintenance period being done by the Transmission Company of Nigeria (TCN). Prime Business Africa reports that

July 29, 2025

News

Dangote Refinery Withdraws N100bn Suit Against NNPC, NMDPRA, Others

Dangote Petroleum Refinery and Petrochemicals has officially withdrawn its ₦100 billion lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Nigerian National Petroleum Company Limited (NNPCL), and five other petroleum marketers. The case, filed at the Federal High Court

July 29, 2025

News

Minister Urges Urgent Debt Payment To Avert Power Sector Collapse

Nigeria’s Minister of Power, Adebayo Adelabu, has warned that the sector’s stability is threatened by a N4 trillion debt owed to electricity generation companies (GENCOs). The debt, which has accumulated since 2015, has remained a source of concern as GenCos worry over

July 29, 2025

News

Osun Assembly Passes Electricity Bill To Establish Regulatory Commission, End Consumer Exploitation

In a major step toward energy sector reform, the Osun State House of Assembly has passed the Osun State Electricity Market Regulatory Bill 2025, setting the stage for the creation of a state-level electricity regulatory agency. The bill, which was passed during

July 29, 2025

News

Zamfara Governor Appoints New Emir of Gusau

Zamfara State Governor, Dauda Lawal, has approved the appointment of Alhaji Abdulkadir Ibrahim Bello as the new Emir and Sarkin Katsina of Gusau, following the recent death of the 15th Emir, Dr. Ibrahim Bello. The late monarch, who reigned for over nine

July 29, 2025

News

CAC Moves To Delist 100,000 Dormant Companies, Gives 90-Day Grace

The Corporate Affairs Commission (CAC) has announced plans to delist 100,000 dormant companies from its register, in what it described as the fifth phase of its regulatory cleanup exercise. The move targets entities that have failed to file annual returns or meet

July 29, 2025

News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 29th July 2025

July 29, 2025

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

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News - Page 330

Kenya High Court Fast-Tracks Case over Proposed Dangote Refinery Investment

Ghana, Egypt Target Trade and Investment Growth in Pharmaceuticals, Infrastructure

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 30th July 2025

Lawmakers Demand Clarity on ₦210 Trillion NNPCL Audit Discrepancies

Obi Gave ₦576m in 7 Months – Here’s Where the Money Went

TCN Maintenance: It’s Not Total Blackout In Lagos – DisCos insist

Dangote Refinery Withdraws N100bn Suit Against NNPC, NMDPRA, Others

Minister Urges Urgent Debt Payment To Avert Power Sector Collapse

Osun Assembly Passes Electricity Bill To Establish Regulatory Commission, End Consumer Exploitation

Zamfara Governor Appoints New Emir of Gusau

CAC Moves To Delist 100,000 Dormant Companies, Gives 90-Day Grace

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 29th July 2025

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Kenya High Court Fast-Tracks Case over Proposed Dangote Refinery Investment

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Kenya High Court Fast-Tracks Case over Proposed Dangote Refinery Investment

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