Category: Business

Angola’s Gross Domestic Product (GDP) increased by 0.3% in the first quarter of 2023, compared to the previous period, according to the data from National Institute of Statistics (INE).The INE statistics were released by the Head of the MEP’s Departmen…

National Oil company Sonangol on Monday in Luanda denied reports circulating in some Media outlets on alleged change in the pricing formula of domestic gas.In a press note reached ANGOP, the oil company described the reports as fake news and added that…

TAJBank Limited, Nigeria’s fast-growing non-interest bank, has set a new record in the Nigerian banking system with the payment of dividends to its shareholders within three years of its operations.According to a statement by Isiaku Gwamna, the Chaiman…

The recent removal of subsidy on fuel by President Bola Tinubu and its aftermath have become one of the most prominent issues in national discourse lately.The pronouncement has drawn rage and applause from its proponents and opponents; it has also elic…

Trade exchange in the southern African sub-region will gain momentum after the signing of the contract for the transfer of the rail services and logistics support concession for the Lobito Corridor on Tuesday (4) in Lobito, coastal benguela province.Lo…

The Independent Petroleum Marketers Association of Nigeria (IPMAN) and Association of Distributors and Transporters of Petroleum Products (ADITOP) have denied plans to increase petrol price to N700 per litre.The Associations in an interview with the Ne…

The governor of Benguela, Luís Nunes, on Sunday encouraged national businesspeople to invest in this coastal province, due to the many opportunities it presents to boost the country’s economy.The governor made the call while speaking to Angola Public T…

The Board of Directors, African Development Bank (AfDB), has approved a loan of 115 million dollars to support a major road rehabilitation project in Abia State, Nigeria.This is contained in a statement issued by the Nigeria Country Department of the b…

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied the alleged plan by the association to increase pump price of Premium Motor Spirit (PMS) also known as petrol to N700 per litre nationwide.The Chairman of IPMAN Southwest Zon…

The Ministry of Mines and Energy has announced that fuel prices will remain unchanged for the month of July.The ministry in a media release said the price of petrol in Walvis Bay will remain at N.dollars 19.78 per litre, while diesel 50 parts-per-milli…

The Namibia Revenue Agency (NamRA) is continuously working towards streamlining and enhancing trade processes, ensuring efficiency, security, and compliance in the global supply chain.The Authorised Economic Operator (AEO) Programme is one of the ways …

The Ministry of Mines and Energy has announced that fuel prices will remain unchanged for the month of July.The ministry in a media release on Thursday said the price of petrol in Walvis Bay will remain at N.dollars 19.78 per litre, while diesel 50 par…