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News - Page 677

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

Africa·Business News·News

Intra-Africa Trade: Nigeria Ranks Fourth

Nigeria’s Trade Performance Nigeria has emerged as the fourth-largest contributor to intra-Africa trade in 2023, trailing behind South Africa, Cote d’Ivoire, and Egypt, according to the Africa Trade Report 2024 by the Africa Export-Import Bank. The report, titled “Climate Implications of the

July 10, 2024

NNPC Seeks New $2 Billion Oil-Backed Loan To Boost Finances

Business News·News·Oil & Gas

NNPCL Seeks New $2bn Oil-Backed Loan To Boost Finances

NNPCL’s Ongoing Financial Strategies The Nigerian National Petroleum Company Limited (NNPCL) is negotiating a new oil-backed loan to strengthen its finances and support its business activities, according to Mele Kyari, Group Chief Executive Officer of NNPCL. The company aims to raise at

July 10, 2024

News·World News

US Election: Is America’s Global Dominance Sustainable Or Doomed to Fail?

America gave the world a new type of nation-state. It is ironic that as the nation-state paradigm begins to unravel, much of the world finds itself in contradiction with the most successful expression of nationality—and nationalism—that the modern world has witnessed. America’s

July 10, 2024

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business News·Markets·News

UACN, Africa Prudential, Ikeja Hotel, Others Drive Equity Market Loss Of N114bn

Equity Market Sees a Downturn The Nigerian equities market experienced a decline on Tuesday, falling by 0.20% or N114 billion. This downturn was primarily due to investors selling shares of major companies such as UACN, Africa Prudential, and Ikeja Hotel. Daily and

July 10, 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, 10th 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 10, 2024

year old Lamine Yamal mobbed following his wonder goal

News

Spain Hit Euro Final, Humble France As Yamal Makes History

Flawless Spain came from behind Tuesday night to beat France 2-1 and zoom into the final of 2024 Euro Championship where they will meet either England or Netherlands on Sunday. France who have been less impressive since the tournament stunned their

July 9, 2024

News

Nigerian Govt’s Suspension Of Taxes On Food Imports Will Stabilise Prices – NACCIMA

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), has commended the decision of the Nigerian government to suspend taxes on the importation of key food commodities, noting that it would help in stabilising prices. In a statement signed

July 9, 2024

Business News·News

Apapa Customs Revenue Hits N1.02trn In H1 2024 Amid Trade Volume Decline

In the first half of the year, the Nigeria Customs Service (NCS) generated N1.02 trillion at its Apapa Area Command. This reflects a 143% increase compared to the N421.38 billion earned over the same period in 2023. The Customs Area Controller, Apapa

July 9, 2024

News

9mobile Appoints Abolaji Idowu As Chief Financial Officer

Board of Directors of Emerging Markets Telecommunication Services Limited (EMTS), operating as 9mobile, has announced the appointment of seasoned business and finance professional, Abolaji Idowu as the new Chief Financial Officer (CFO). Idowu succeeds Mrs Nkem Oni-Egboma, the outgoing CFO, who is

July 9, 2024

News

APHRC Opens Applications For £200,000 Mental Health Data Prize

The African Population and Health Research Center (APHRC), in partnership with Wellcome, has begun receiving applications for the Mental Health Data Prize—Africa 2024. This prize seeks to bridge critical gaps in the understanding of anxiety, depression, and psychosis across Africa. The first-of-its-kind

July 9, 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 677

Angola’s Sonangol Presses Ahead with IPO Preparations Despite Delay

South Africa Sets November Deadline for New Asylum Registration System

Intra-Africa Trade: Nigeria Ranks Fourth

NNPCL Seeks New $2bn Oil-Backed Loan To Boost Finances

US Election: Is America’s Global Dominance Sustainable Or Doomed to Fail?

UACN, Africa Prudential, Ikeja Hotel, Others Drive Equity Market Loss Of N114bn

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 10th July 2024

Spain Hit Euro Final, Humble France As Yamal Makes History

Nigerian Govt’s Suspension Of Taxes On Food Imports Will Stabilise Prices – NACCIMA

Apapa Customs Revenue Hits N1.02trn In H1 2024 Amid Trade Volume Decline

9mobile Appoints Abolaji Idowu As Chief Financial Officer

APHRC Opens Applications For £200,000 Mental Health Data Prize

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Angola’s Sonangol Presses Ahead with IPO Preparations Despite Delay

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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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