Stay Updated with the Latest Business News and Market Trends

Looking for straight talk on what's happening in business right now? Whether it's big moves in oil logistics or the ups and downs of local economies, we've got you covered. Our Business category digs into real stories shaping markets and affecting everyday people.

Oil and Refinery Developments Making Headlines

Take a look at Transpetro's recent big step in Todos os Santos Bay. They pulled off a historic ship-to-ship oil transfer, moving 60,000 cubic meters of crude oil. This isn’t just a cool logistics feat—it helps cut costs and boosts the region’s role in the oil game globally. Meanwhile, the BUA Group is clearing up confusion around their Akwa Ibom refinery progress. The project hasn’t hit 90% completion yet, but it’s moving on schedule to help Nigeria with energy security. These updates show how oil industries in Africa and beyond continue to change our energy landscape and economy.

Local Markets and Economic Challenges

It’s not all smooth sailing in business. In Nigeria, rising food prices like rice have many feeling the pinch, even with local mills in place. Joe Igbokwe, a political ally, has voiced concerns over how this affects everyday Nigerians, spotlighting real struggles people face. On the fuel front, new petrol prices from the Dangote Refinery have been announced, varying by region, which directly impacts daily budgets across the country. In Kenya, experts warn that complex taxes are pushing businesses underground, risking the economy’s growth. Even market traders in places like Gikomba are fighting tough times due to government actions that could threaten their livelihoods.

These stories highlight that business news isn’t just about big companies and numbers; it’s about how policies, prices, and projects ripple through communities. Whether you’re an entrepreneur, policy watcher, or simply curious, understanding these shifts helps you stay connected to the economic beats that shape life.