EU offers China tariff alternative in electric car trade dispute
The European Union has offered China an alternative to tariffs in a longstanding trade dispute over duties on Chinese-made electric […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria Inflation Data To Be Normalised Amid Projected Spike
The National Bureau of Statistics (NBS) has announced plans to ‘normalise’ Nigeria’s inflation data for December 2025 due to a
Heineken CEO Dolf van den Brink Resigns Suddenly
Heineken’s CEO Dolf van den Brink has unexpectedly resigned after six years at the helm of the Dutch brewer, effective
Abuja power outage caused by technical fault
A technical fault has caused a power outage in several areas of Abuja, according to the Abuja Electricity Distribution Company
Nigeria Electricity Budget 1.096 trillion
The Nigerian government has proposed a significant allocation of 1.096 trillion for capital electricity projects in the 2026 appropriation bill,
NDIC pays ₦24.3 billion dividend to Heritage Bank depositors
The Nigeria Deposit Insurance Corporation (NDIC) has announced a second liquidation dividend of 24.3 billion for depositors of the defunct
Petrol price war escalates in Nigeria as retailers undercut Dangote Refinery rate
The ongoing price war in Nigeria’s oil downstream sector has intensified, with petrol retailers reducing their fuel prices to gain
Meta urges Australia to rethink social media ban
Meta Urges Australia to Rethink Social Media Ban for Under-16s Australia’s world-first social media ban for under-16s has prompted Meta
Eterna Plc launches 21.52 billion rights issue
Eterna Plc has announced the launch of its 21.52 billion Rights Issue, a significant milestone in the company’s capital raising
CCTV Control Centre Inaugurated on Third Mainland Bridge
The Nigerian Federal Government has launched a ₦40 billion closed-circuit television (CCTV) control centre to enhance security and monitor activities
Trump warns Cuba of oil and money cutoff
US President Donald Trump has issued a warning to Cuba, urging the communist-run island to “make a deal” soon, amidst
Fed subpoenaed as dollar dips and Asian equities rise
Asian equities rose on Monday, while the US dollar dipped, as investors reacted to news that the US Justice Department