Business

Oil prices rise after Trump rejects Iran proposal

Oil prices rise after Trump rejects Iran proposal

  Global oil prices surged on Monday after former U.S. President Donald Trump dismissed Iran’s response to a proposed peace…
Macron calls for shift from aid to investment in Africa

Macron calls for shift from aid to investment in Africa

  French President Emmanuel Macron has urged a major shift in how Africa is supported globally, calling for more investment-driven…
Delta Air flight returns to Atlanta after 8 hours

Delta Air flight returns to Atlanta after 8 hours

  Passengers on a Delta Air Lines flight from Atlanta to Lagos experienced an unexpected turnaround after the aircraft returned…
Fuel price hikes raise business costs across Lagos

Fuel price hikes raise business costs across Lagos

  Residents, transport operators and business owners in Lagos say rising fuel prices are increasing transportation fares, business costs and…
Dangote considers Kenya for new refinery

Dangote considers Kenya for new refinery

  Africa’s richest man, Aliko Dangote, has revealed that he is considering Kenya as the preferred location for a proposed…
FG warns World Bank over loan delays

FG warns World Bank over loan delays

  The Federal Government has warned that it may cancel World Bank loan arrangements that remain unapproved for more than…
WHO monitors additional suspected Hantavirus cases linked to cruise ship

WHO monitors additional suspected Hantavirus cases linked to cruise ship

  The World Health Organization (WHO) says it is monitoring reports of additional individuals showing symptoms after possible contact with…
Senate approves N2.2trn FCT 2026 budget

Senate approves N2.2trn FCT 2026 budget

    The Senate has passed the 2026 Statutory Appropriation Bill for the Federal Capital Territory (FCT), approving a total…
TUC seeks refinery support scheme

TUC seeks refinery support scheme

  The Trade Union Congress has proposed a production subsidy arrangement for the Dangote Refinery and other modular refineries as…
Renaissance targets 500,000bpd, expands gas drive

Renaissance targets 500,000bpd, expands gas drive

  Renaissance Africa Energy Company, operator of the NNPC/Renaissance/TotalEnergies/AENR Joint Venture, has announced plans to increase its crude oil production…
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