BUSINESS ROUNDUP: Crude oil trades at $111/barrel; Price of beverages, sweetened drinks to go up; Other stories
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events...
Africa Top News
Dangote Refinery can curb Nigeria’s petrol import and scarcity crises
The coming on stream of the 650,000 barrels-per-day Dangote Petroleum Refinery is expected to curb...
Kenya-based food-tech startup Kune shuts down due to lack of funding
Kenya-based start-up Kune has decided to wind up its operations barely a year after inception....
Amidst Fuel scarcity in Lagos and Abuja, Independent Petroleum Marketers Association of Nigeria allays fears over fuel price increase, reiterates N165/litre benchmark
Premium Motor Spirit (PMS), also known as petrol, would not be sold beyond N165 per...
Nigeria begins decentralisation of power grid, invests $550m in power sector
President Muhammadu Buhari said on Tuesday the Federal Government has commenced the decentralisation of the...
Elon Musk makes Aliko Dangote’s net-worth in one day, as Nigerian billionaire loses N105.33bn
Surge in demand for Tesla shares on Tuesday made the Chief Executive Officer of the...
5 habits of Africa’s richest billionaires you should emulate in 2022
Everyone wants to be successful; have a lot of money in the world and enjoy...
World Bank condemns CBN policies, says they place Nigeria on fiscal time bomb
The World Bank has declared that the Central Bank of Nigeria (CBN) policies are undermining...
RUSSIA-UKRAINE WAR: THE IMPLICATIONS FOR AFRICA
Wheat and oil, are among the commodities that fuel the economies of many African countries....
MTN’s 5G service promises internet speed up to 300mbps from Aug 24
Nigeria’s leading telecommunications firm, MTN is in an aggressive push to launch its 5G services...