Fuel Shortages

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Africa

Polls open in Malawai presidential election

Voters queue at the Civic Centre polling station in the capital Lilongwe for Malawi's presidential and parliamentary elections on 16 September 2025 (Photo: Amos Gumulira/AFP) Polls have opened in Malawi as voters head to the polls for the presidential election on 16 September. The incumbent president and his predecessor are competing for a second term in a closely contested race. The southern African nation is facing an economic crisis marked […]

today16 September, 2025

Africa

Nigeria’s Dangote Oil Refinery Holds 500 Million Litres of Petrol

  Nigeria's Dangote oil refinery possesses a reserve of 500 million litres of petrol, according to its billionaire founder, refuting assertions from marketers that they require additional imports to address fuel shortages. CNBCAfrica indicates that, in response to the situation, Nigeria's President, Bola Tinubu, convened a meeting on Tuesday in Abuja with oil regulators, the head of the state-owned NNPC, the finance minister, and Aliko Dangote.  

today31 October, 2024

Business / Economics

23 October 2024 Morning Biz News Update: Innovations and Market Movements

FNB Namibia Launches Innovative ChatPay Feature FNB Namibia has taken a significant step towards enhancing user experience by introducing a new chat feature within the FNB App. The innovative ChatPay allows users to initiate payments seamlessly without requiring a formal bank account number. According to Amore Nicholson, the Digital Banking Head at FNB Namibia, this solution combines convenience, simplicity, and affordability. Customers can now chat and make payments simultaneously and […]

today23 October, 2024