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News - Page 704

PMS Price: Marketers Raise Concerns Over Epileptic Fuel Supply

Malawi Fuel Crisis Enters Second Week as Transport Operators Lose Income

October 13, 2026

Fuel shortages in Malawi have entered a second week, forcing motorists to sleep in queues at petrol stations and leaving taxi and minibus operators unable to work as supplies dwindle, Prime Business

Africa·News·Top Stories

US-led Operation Disrupts West African Scam Networks, Arrests 28

October 13, 2026

Law enforcement agencies in Ghana and Nigeria arrested 28 people and seized 356 electronic devices in a coordinated international crackdown on online fraud networks targeting victims worldwide, the U.S. Department of Justice

News

DMGS Centenary Building Collapse: 3 More Victims Rescued

Three persons who were trapped in the five-storey building that collapsed at Dennis Memorial Grammar School in Onitsha, Anambra State, have been rescued.

June 14, 2024

News

Emirate Tussle: Why Court Orders Kano Govt To Pay Bayero N10m

The Kano Emirate tussle has been generating ripples since last month with the latest being an order of a Federal High Court sitting in Kano, ordering the State Government to pay the sum of N10 million as compensation to the 15th Emir,

June 14, 2024

News

Nigerian Govt Declares 2 Days Public Holiday For Eid-el Kabir

The Nigerian government has declared Monday, 17 and Tuesday, 18 June as public holidays for the celebration of Eide-el Kabir 2024. This was contained in a statement signed by the permanent secretary, Ministry of Interior, Aishetu Godo Ndayako, released on Friday, 14 June.

June 14, 2024

California's $20 Minimum Wage Causes Fast Food Prices Increase

News·World News

California’s $20 Minimum Wage Causes Fast Food Price Increase

California’s move to increase the minimum wage for fast-food workers to $20 an hour has sparked significant changes in the state’s dining landscape. Implemented on April 1, the wage hike, aimed at establishments with 60 or more locations, has triggered a series

June 14, 2024

Russia-Ukraine War: Zelensky Expects Major Decisions at G7 Summit in Italy

News·World News

Russian-Ukraine War: Zelenskyy Expects Major Decisions At G7 Summit In Italy

Ukrainian President, Volodymyr Zelenskyy, announced on Thursday that he anticipates “important decisions” to be made at the G7 summit in Italy. The summit is expected to address a significant deal that could unlock a $50 billion loan for Kyiv. This loan would

June 14, 2024

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business News·Markets·News

FX Turnover Plummets 76% In Nigerian Market Amidst Holiday, Economic Volatility

The foreign exchange (FX) turnover on Nigeria’s official market experienced a dramatic drop of 75.98%, hitting a three-week low on Thursday. The turnover fell from $385.91 million at the end of Tuesday’s trading session to just $92.68 million. This significant decrease marks

June 14, 2024

BlackRock's iShares ETFs Worth $400m To Leave Nigeria, Kenya Amid Unfavorable Market Conditions

Africa·Business News·News

BlackRock’s iShares ETFs Worth $400m To Leave Nigeria, Kenya Amid Unfavourable Market Conditions

BlackRock, one of the world’s largest asset managers, has announced plans to liquidate its iShares exchange-traded funds (ETFs) in Nigeria and Kenya, a decision impacting $400 million in assets. This move is attributed to unprofitable business environments in both countries. In a

June 14, 2024

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

Business News·Markets·News

Nigerian Equity Market Recovers With N144bn Gain

The Nigerian equity market bounced back from Tuesday’s loss with a significant gain of N144 billion on Thursday. The recovery was driven by notable performances from Nigerian Breweries, Unity Bank, NEM Insurance, and 27 other companies. After the Democracy Day holiday on

June 14, 2024

Business News·News

World Bank Approves $2.25bn Loan For Nigeria’s Economic Stability

The Federal Government of Nigeria has secured a loan from the World Bank, receiving a total of $2.25 billion. This funding, announced by the international lender on Thursday, is part of two major financial operations aimed at strengthening Nigeria’s economic stability and

June 14, 2024

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

Business News·News·Oil & Gas

NNPCL Seeks Judicial Support To Combat Crude Oil Theft, Pipeline Vandalism

The Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL), Mr. Mele Kyari, has called on the judiciary to play a crucial role in addressing the persistent issues of crude oil theft and pipeline vandalism. Kyari emphasized the need for

June 14, 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 704

Malawi Fuel Crisis Enters Second Week as Transport Operators Lose Income

US-led Operation Disrupts West African Scam Networks, Arrests 28

DMGS Centenary Building Collapse: 3 More Victims Rescued

Emirate Tussle: Why Court Orders Kano Govt To Pay Bayero N10m

Nigerian Govt Declares 2 Days Public Holiday For Eid-el Kabir

California’s $20 Minimum Wage Causes Fast Food Price Increase

Russian-Ukraine War: Zelenskyy Expects Major Decisions At G7 Summit In Italy

FX Turnover Plummets 76% In Nigerian Market Amidst Holiday, Economic Volatility

BlackRock’s iShares ETFs Worth $400m To Leave Nigeria, Kenya Amid Unfavourable Market Conditions

Nigerian Equity Market Recovers With N144bn Gain

World Bank Approves $2.25bn Loan For Nigeria’s Economic Stability

NNPCL Seeks Judicial Support To Combat Crude Oil Theft, Pipeline Vandalism

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Malawi Fuel Crisis Enters Second Week as Transport Operators Lose Income

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Malawi Fuel Crisis Enters Second Week as Transport Operators Lose Income

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