African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Petroleum Marketers Blame Scarcity on Alleged Shady Deals in Nigeria’s Oil Sector A row has erupted in Nigeria’s oil sector, […]
Continue ReadingDangote Group Loses $680 Million in Market Capitalization Amid Refinery Crisis A shocking decline in market capitalization has hit the […]
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Nigeria Protests: Economist Warns of Economic Costs, Calls for Dialogue In the midst of widespread protests against the Nigerian government’s […]
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The naira recorded a significant depreciation against the dollar in a single day at the foreign exchange market to end […]
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Fuel Scarcity Worsens as Lagos Depots Refuse to Load Due to Violence Fears A protracted hunger protest in Nigeria has […]
Continue ReadingAfrican Development Bank Invests $20 Million in African Infrastructure Fund The African Development Bank has made a significant move to […]
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Coca-Cola to Pay $6 Billion Tax Penalty While Pursuing Appeal In a statement made on Friday, Coca-Cola announced plans to […]
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Meta’s Threat to Exit Nigeria Over $220m Fine Deemed as Attempt to Influence Public Opinion In a move that has […]
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Nigerian Banks Urged to Rein in Excess Spending Amid Windfall Tax Demand A leading figure in Nigeria’s banking industry, Femi […]
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Dangote Refinery to Consume N1.7tn Worth of Crude Oil Monthly In a move aimed at stabilizing the pump price of […]
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Naira Strengthens Against Dollar Despite Nationwide Protests in Nigeria Despite widespread protests in Nigeria against poor governance, the country’s currency, […]
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AXA Mansard Urges Increased Efforts to Combat Climate Change AXA Mansard, a leading insurance provider, has emphasized the need for […]
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WhatsApp Faces Major Crisis as Nigeria Fines Company $220 Million for Data Privacy Breach In a shocking development, the Federal […]
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Flutterwave Secures Payment Service Provider License in Ghana, Expanding Operations Across Africa Flutterwave, a leading payments technology company, has made […]
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Financial Institutions in Nigeria to Shut Down Amid Planned Hunger Strike As a nationwide hunger strike is set to begin […]
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Nigerian Billionaire Calls Out Banks for Private Jet Extravagance Amidst Worsening Cost-of-Living Crisis A storm is brewing in Nigeria as […]
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Nigeria Must Grow Beyond Banking Sector to Achieve $1tn Economy The Nigerian Federal Government has been advised to expand beyond […]
Continue ReadingNigerian President’s Top Priority: Safeguarding Economic Gains Ahead of Hardship Protest Abuja, Nigeria – With just hours to go before […]
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Nigeria’s Senate Approves Increase in Central Bank Loans to Government In a move aimed at addressing the country’s budget shortfalls […]
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MTN Nigeria Reports $519.1 Billion Loss Due to Record-High Inflation and Weaker Naira MTN Nigeria Communications Plc has announced a […]
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