African Business News

Fidelity Bank Plc has announced the completion of the tenure of its Board Chairman, Mr. Mustafa Chike-Obi, and the appointment […]

Former Nigerian Finance Minister Kemi Adeosun has stated that during her tenure, ministers were aware that the fuel subsidy was

The Kano State Government has approved over 6.9 billion for various infrastructure development, social welfare initiatives, and governance-related projects across

London’s FTSE 100 stocks index has reached a milestone, surpassing 10,000 points for the first time. On the first trading

The Nigerian naira experienced a significant strengthening in 2025, with a gain of nearly N100 against the US dollar. This

Elon Musk’s Starlink to Lower Satellite Altitude to Enhance Space Safety As part of a significant reconfiguration aimed at improving

Nigeria’s banking sector has seen a rise in non-performing loans, following the Central Bank of Nigeria’s decision to withdraw regulatory

The Federal Government of Nigeria has announced plans to deepen its participation in the African Continental Free Trade Area (AfCFTA)

Oil prices have begun the new year on a positive note, with Brent crude futures and US West Texas Intermediate

The Central Bank of Nigeria (CBN) has reported a significant strengthening of domestic economic activity in December 2025, with the

The Central Bank of Nigeria (CBN) has forecast a moderation in the country’s inflation rate to 12.94 percent in 2026,