Tinubu Seeks Senate Confirmation for Petroleum Regulatory Boards
President Bola Tinubu has forwarded two letters to the Senate, seeking confirmation for 21 nominees to the boards of the […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
African Business News
Turkey inflation slows to 30.9 percent annually
Turkey’s annual inflation rate slowed to 30.9 percent in December, marking a fourth consecutive month of decline. This figure is
CIG Motors executive exit not due to misconduct
Jubril Arogundade, a former senior executive at CIG Motors, has provided clarification on the circumstances surrounding his departure from the
Obesity UK bans junk food ads
The UK government has introduced a ban on daytime television and online adverts for junk foods, aiming to combat childhood
African Business News
Vietnam economy grows 8% despite US tariffs
Vietnam’s economy experienced significant growth in 2025, with a reported 8.0% increase in GDP. According to the General Statistics Office,
African Business News
Trump claims 33 percent Nigerian immigrants receive US assistance
President Donald Trump has shared a chart on his Truth Social platform, claiming that approximately 33.3% of Nigerian immigrant households
African Business News
Nigeria Current Account Surplus To Hit $18.81bn In 2026
The Central Bank of Nigeria (CBN) has forecast a significant increase in the country’s current account balance, projecting it to
Stocks rise on tech rally and US rate cut hopes
Asian stocks surged on Monday, driven by a fresh rally in tech firms, while oil prices dipped as investors assessed
African Business News
Hong Kong Tops Global IPO Rankings
Hong Kong has regained its position as the world’s top destination for initial public offerings (IPOs) in 2025, with over
African Business News
Nigeria Tax Reforms Spark Resistance
The 2023 presidential candidate of the African Action Congress, Omoyele Sowore, has expressed strong reservations about Nigeria’s new tax reforms,
African Business News
Nigeria Solid Minerals Revenue Hits 70bn
Nigeria’s Ministry of Solid Minerals Development has recorded a significant increase in revenue, rising to over 70 billion in 2025.
African Business News
Naira Exchange Rate Recovers Slightly Against Dollar
The Nigerian Naira has shown a slight recovery in the first week of 2026, although it remains under pressure due