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News - Page 705

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

Africa

Plane Crash: APRA Commiserates With PR Society, Government, Citizens Of Malawi

African Public Relations Association (APRA) has expressed heartfelt condolences to the Public Relations Society of Malawi (PRSM) - an institutional member of APRA - the government and citizens of the Republic of Malawi over the tragic plane crash that claimed the lives

June 13, 2024

Africa·Business News·News

ShafDB Secures Support From African Ministers For Capital Raising Initiatives

African ministers of housing, urban planning, and development have pledged to support capital-raising initiatives by the Shelter Afrique Development Bank (ShafDB). This commitment was made during the 43rd Annual General Meeting of ShafDB held in Kigali, Rwanda, focusing on financial innovations to

June 13, 2024

Supreme Court Grants Financial Autonomy To LGs, Bars Govs From Dissolving Councils

News·Politics

Nigeria’s Supreme Court Reserves Judgment On LG Autonomy Suit

Supreme Court of Nigeria has reserved judgment in a suit filed by the Federal Government seeking to secure full autonomy for local government areas in the country.

June 13, 2024

NLC To Embark On Warning Strike On Tuesday

News

Minimum Wage: We Didn’t Have Agreement, NLC Tells Tinubu

The Nigeria Labour Congress (NLC) has reacted to President Bola Tinubu’s comment on minimum wage, saying they didn’t have a concrete agreement with representatives of the Federal Government in the Tripartite Committee during negotiations. President Tinubu had during his Democracy Day address

June 13, 2024

Akpabio-Natasha Sexual Harassment Saga: Absurdity Of A Senate Investigating Itself

News·Opinion·Politics

Will Paying Politicians Minimum Wage Fix Nigeria’s Bad Governance?

Minimum wage negotiations in Nigeria often bring forth the age-old argument: if workers are expected to survive on a certain income, shouldn’t politicians also face the same reality? It’s a compelling notion, one that has historical precedence and resonates deeply with the

June 13, 2024

Nigerian Govt pushes N62,000 pay Despite Labour’s opposition, Says N250,000 Minimum Wage Demand Unsustainable

Business News·News·Politics

Minimum Wage: Labour Denies Tinubu’s Claim On Agreement, Insists On N250,000

In a statement on Wednesday, the acting President of the Nigeria Labour Congress (NLC), Prince Adewale Adeyanju, announced that no agreement was reached by the Tripartite Committee on the National Minimum Wage when negotiations ended on June 7, 2024. This statement contradicts

June 13, 2024

Naira vs Dollar: What To Expect This Week (24th-30th, March 2025)

Business News·Markets·News

Naira Gains Against Dollar As Market Awaits US Inflation Data

The naira made some gains against the US dollar as the dollar index moderated. Market players are awaiting the release of America’s inflation data and the Federal Reserve’s interest rate decision later today. According to price action data, naira bulls have managed

June 13, 2024

Survey: 65.8% Respondents Want Interest Rate Cut As CBN Holds MPC Meeting

Business News·News

Monetary Policy Tightening May Not Curb Inflation- World Bank Warns CBN

The World Bank has cautioned that the Central Bank of Nigeria’s (CBN) aggressive monetary policy tightening may fail to control inflation and pose a significant risk to Nigeria’s economic growth. This warning was issued in the World Bank’s latest Global Economic Prospects

June 13, 2024

Petrol Landing Cost Price Now At N1,117/litre, MEMAN Reveals

Business News·News·Oil & Gas

Petrol Importation Cost Rise By 31.4% Amid Reduced Consumption In Nigeria

Nigeria’s spending on petrol importation has increased, despite a substantial drop in the country’s consumption rate. Reports from the Nigeria Bureau of Statistics (NBS) reveal that N2.63 trillion was spent on importing Premium Motor Spirit (PMS) in the first quarter of 2024.

June 13, 2024

Business News·News

Nigeria’s Oil Production Drops To 1.2mbpd Despite Government Claims- OPEC

Nigeria’s daily oil production dipped further to 1.25 million barrels per day (mbpd) in May, according to a report by the Organisation of the Petroleum Exporting Countries (OPEC). This contradicts recent claims by the Federal Government and the Nigerian National Petroleum Company

June 13, 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 705

Malawi Fuel Crisis Enters Second Week as Transport Operators Lose Income

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

Plane Crash: APRA Commiserates With PR Society, Government, Citizens Of Malawi

ShafDB Secures Support From African Ministers For Capital Raising Initiatives

Nigeria’s Supreme Court Reserves Judgment On LG Autonomy Suit

Minimum Wage: We Didn’t Have Agreement, NLC Tells Tinubu

Will Paying Politicians Minimum Wage Fix Nigeria’s Bad Governance?

Minimum Wage: Labour Denies Tinubu’s Claim On Agreement, Insists On N250,000

Naira Gains Against Dollar As Market Awaits US Inflation Data

Monetary Policy Tightening May Not Curb Inflation- World Bank Warns CBN

Petrol Importation Cost Rise By 31.4% Amid Reduced Consumption In Nigeria

Nigeria’s Oil Production Drops To 1.2mbpd Despite Government Claims- OPEC

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Malawi Fuel Crisis Enters Second Week as Transport Operators Lose Income

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