African Business News

Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.

Nigerian petrol marketers give update on fuel price reduction 

BREAKING: NNPCL reduces fuel price

By Ifunanya / July 5, 2025

The Nigerian National Petroleum Company Limited, NNPCL, has reduced its premium motor spirit price. Media Talk Africa correspondent gathered that […]

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Trump to reinstate sweeping tariffs — RT Business News

US Prepares to Impose Tariffs of Up to 70% on Dozens of Countries Amid Looming Trade Deal Deadline

By Ifunanya / July 5, 2025

The United States is gearing up to impose tariffs of up to 70% on dozens of countries as the deadline […]

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Naira depreciates against dollar across official, black markets after Easter holidays

Naira depreciates against dollar across official, black markets

By Ifunanya / July 4, 2025

The naira depreciated against the dollar across official and parallel foreign exchange markets to end the week on a negative […]

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2027: Anti-Tinubu coalition gathers strength as LND joins

‘We thought things would be better’ – Coalition reports NNPCL boss to Tinubu

By Ifunanya / July 4, 2025

A coalition of economic accountability under the leadership of the Patriotic Nigerian Youth Forum, PNYF, has expressed dismay over the […]

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Nigerian govt agencies to unlock $25bn revenue through electricity, digital development

Nigerian govt agencies to unlock $25bn revenue through electricity, digital development

By Ifunanya / July 4, 2025

Two Nigerian government agencies, the Galaxy Backbone and the Rural Electrification Agency, have signed a partnership to provide electricity and […]

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Flutterwave secures 20 more U.S. money transmitter licenses

Flutterwave secures 20 more U.S. money transmitter licenses

By Ifunanya / July 4, 2025

Flutterwave, Africa’s leading payments technology company, today announced the relaunch of its flagship remittance solution, Send App, across US states […]

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Russia’s international reserves hit all-time high – central bank — RT Business News

Russia’s International Reserves Reach Record High of $687.7 Billion Despite Frozen Assets

By Ifunanya / July 4, 2025

Russia’s international reserves have reached a record high of $687.7 billion, according to the country’s central bank. This significant increase […]

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Oyo Govt partners FCMB to empower 1,000 youths with N1.5bn

Oyo Govt partners FCMB to empower 1,000 youths with N1.5bn

By Ifunanya / July 4, 2025

The Oyo State Government has announced plans to support 1,000 young agropreneurs with a ₦1.5 billion fund in a renewed […]

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Investors record N240bn gain as NGX continues bullish trend

55 Nigerian firms push NGX to N403bn gains

By Ifunanya / July 4, 2025

Fifty-five Nigerian firms propelled the Nigerian Exchange Market to a second straight gain on Thursday. The firms that led to […]

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Fuel importation drops by 30m litres in Nigeria - NMDPRA reveals

Fuel price reduction: NMDPRA announces date for petrol pricing summit

By Ifunanya / July 4, 2025

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has announced July 23 and 24, 2025, as the dates for premium […]

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