Economy

Economy

Economics and Sociology

US Imports of Congolese Copper Hit Record Levels

US Imports of Congolese Copper Hit Record Levels

Africa-Press - Nigeria. U.S. imports of refined copper from the Democratic Republic of the Congo reached a record high in July, as...
Dangote Plans to Buy 16M Barrels of Nigerian Crude

Dangote Plans to Buy 16M Barrels of Nigerian Crude

Africa-Press - Nigeria. Four sources reported that the Nigerian refinery has purchased at least 16 million barrels of Nigerian crude oil for...
Hormuz Crisis: is Africa the New Energy haven

Hormuz Crisis: is Africa the New Energy haven

Africa-Press - Nigeria. Geopolitical crises in strategic maritime corridors, particularly the Strait of Hormuz and Bab el-Mandeb, have led global energy markets...
Korea-Africa Summit Focuses on AI and Digital Transformation

Korea-Africa Summit Focuses on AI and Digital Transformation

Africa-Press - Nigeria. Delegations from 54 African countries gathered in the South Korean capital, Seoul, to participate in the Korea-Africa Economic Cooperation...
African Oil Giant Makes Stock Market Debut

African Oil Giant Makes Stock Market Debut

Africa-Press - Nigeria. Dangote Oil Refinery in Nigeria is preparing to launch its shares for public subscription on the Lagos Stock Exchange,...
Uber Exits the Nigerian and Ugandan Markets

Uber Exits the Nigerian and Ugandan Markets

Africa-Press - Nigeria. The American ride-hailing company Uber has ceased its operations in Nigeria and Uganda as of September 2, ending a...
Nigeria Approves Africa’S Biggest Share Sale

Nigeria Approves Africa’S Biggest Share Sale

Africa-Press - Nigeria. The Nigerian Securities and Exchange Commission has approved the initial public offering for the Dangote refinery, paving the way...
Nigeria could Double Energy Investment within Five Years

Nigeria could Double Energy Investment within Five Years

Africa-Press - Nigeria. The executive director of a local source stated that Nigeria can double the amount of investments it attracts in...
Africa’S Commercial Aircraft Fleet to Double by 2045

Africa’S Commercial Aircraft Fleet to Double by 2045

Africa-Press - Nigeria. An American company has predicted that the commercial aircraft fleet in Africa will more than double over the next...
Nigeria’S Economy Grows 4.43%, Driven by Oil and Services

Nigeria’S Economy Grows 4.43%, Driven by Oil and Services

Africa-Press - Nigeria. Nigeria's economy grew by 4.43% year-on-year in the second quarter of 2026, compared to 4.23% in the same period...