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News - Page 676

Africa·Business News·Oil & Gas·Top Stories

Angola’s Sonangol Presses Ahead with IPO Preparations Despite Delay

October 13, 2026

Angola’s state-owned oil company Sonangol is continuing preparations for a planned initial public offering (IPO), with internal work focused on ensuring the sale delivers value to prospective shareholders, Executive Board Member Osvaldo

Africa·News·Top Stories

South Africa Sets November Deadline for New Asylum Registration System

October 13, 2026

South Africa plans to introduce a phased asylum-registration system by Nov. 10 to protect eligible applicants from deportation while their claims are processed, following a court ruling that has strained refugee reception

Business News·News·Oil & Gas

Why No Plan To Withdraw Dormant Refining Licences – Nigerian Govt

Government’s Stance on Dormant Refining Licences The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stated it has no current plans to withdraw refining licences awarded to companies that have yet to build their refineries. This clarification comes in response to

July 11, 2024

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business News·Markets·News

Nigerian Stock Market Closes Flat Amid Sell-Side Pressure

Market Overview The Nigerian stock market ended the trading session on Wednesday flat, despite significant sell-side pressure observed earlier in the week. The market closed without major changes as investors chose to sell off stocks in the banking, insurance, and oil &

July 11, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business News·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 11th July 2024

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the black market, also known as the parallel market

July 11, 2024

Capital Importation: Banking Sector Records Highest Inflow In Q3 2024

Currency·Finance & Economy·News

Nigeria’s Foreign Reserves Hit $35.05bn, Highest Since Tinubu Assumed Office

Nigeria’s foreign reserves on Wednesday, surged to $35.05 billion being the highest since President Bola Tinubu assumed office last year. This is data according to data obtained from the Central Bank of Nigeria (CBN) website. Prime Business Africa reports that the last

July 11, 2024

News

Anambra Govt Orders Property Owners Along Amawbia-Agulu-Uga Road To Relocate As Dualisation Begins

Anambra State Government has ordered property owners along Amawbia-Agulu-Nanka-Ekwulobia-Uga Road to relocate them as the road dualisation project begins. In a statement signed by the Commissioner for Information, Mr Paul Nwosu, the state government urged property owners on the right of way

July 10, 2024

News

Amadeus University Appoints Pro-Chancellor, Other Principal Officers

Amadeus University in Abia State has appointed Prof. Ihuoma Roseline Ndimele as its first Pro-Chancellor, along with other key principal officers, marking a new leadership era. The university has named Prof. Mrs. Ihuoma Roseline Ndimele as its first Pro-Chancellor and Chair of

July 10, 2024

Israel-Hamas War: How Trump's Warning Triggered Ceasefire, Release Of Hostages Deal

World News

Trump Challenges Biden To Another Debate Without Moderators As Pressure Mounts On President To Step Down

In a move seen as mockery, former U.S. President and current Republican presidential candidate, Donald Trump, has challenged President Joe Biden to another debate, this time without any moderator. This challenge comes after Biden’s poor performance at the CNN debate last month,

July 10, 2024

World News

Iraqi Court Sentences Al-Baghdadi’s Wife To Death Over Role In ISIS Terrorism

An Iraqi court has sentenced the wife of the late Islamic State of Iraq and Syria (ISIS) leader, Abu Bakr al-Baghdadi, to death for her involvement in the terrorist group, which was responsible for numerous attacks in Syria and Iraq and for

July 10, 2024

Business News·FEATURES·Finance & Economy·News

Nigeria To Repay $30bn For $2.5bn IMF Loan – See Why And How

As Nigeria secures $2.5 billion loan from the International Monetary Fund (IMF) to meet its financial needs, there are concerns that the country might end up repaying the loan with as much as $30 billion. Prime Business Africa reports that the Minister

July 10, 2024

Business News·News

Minimum Wage: We Won’t Go Back On N250,000 Demand- TUC Insists

Labour Leaders Stand Firm on Minimum Wage The Organized Labour still insists that the N250,000 benchmark remains the ideal minimum wage for workers in Nigeria, according to the President of the Trade Union Congress, Festus Osifo. Speaking on Tuesday, Osifo reiterated this

July 10, 2024

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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

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

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

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News - Page 676

Angola’s Sonangol Presses Ahead with IPO Preparations Despite Delay

South Africa Sets November Deadline for New Asylum Registration System

Why No Plan To Withdraw Dormant Refining Licences – Nigerian Govt

Nigerian Stock Market Closes Flat Amid Sell-Side Pressure

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 11th July 2024

Nigeria’s Foreign Reserves Hit $35.05bn, Highest Since Tinubu Assumed Office

Anambra Govt Orders Property Owners Along Amawbia-Agulu-Uga Road To Relocate As Dualisation Begins

Amadeus University Appoints Pro-Chancellor, Other Principal Officers

Trump Challenges Biden To Another Debate Without Moderators As Pressure Mounts On President To Step Down

Iraqi Court Sentences Al-Baghdadi’s Wife To Death Over Role In ISIS Terrorism

Nigeria To Repay $30bn For $2.5bn IMF Loan – See Why And How

Minimum Wage: We Won’t Go Back On N250,000 Demand- TUC Insists

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Angola’s Sonangol Presses Ahead with IPO Preparations Despite Delay

South Africa Sets November Deadline for New Asylum Registration System

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Iran Conflict Pushes South African Fuel Prices Sharply Higher

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

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Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Angola’s Sonangol Presses Ahead with IPO Preparations Despite Delay

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