African Business News

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

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US Interest Rate Cut Looms Over Asian Markets

By Ifunanya / September 17, 2025

Asian markets experienced a mixed day on Wednesday as investors awaited the highly anticipated US interest rate cut, expected to […]

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China complains of New Zealand airport harassment

By Ifunanya / September 17, 2025

China’s embassy in New Zealand has lodged a formal complaint with the government in Wellington over the alleged harassment of […]

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BREAKING: Dangote Refinery reduces fuel price nationwide

Dangote Refinery Monopoly Fears Stopped Expansion Plans

By Ifunanya / September 17, 2025

Aliko Dangote, chairman of the Dangote Group, has revealed that the fear of being labelled a monopoly prevented him from […]

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Why there's reduction in food prices - Economist, Alaje

Nigeria food prices drop due to harvest season

By Ifunanya / September 17, 2025

A significant drop in food commodity prices has been observed across Nigeria, according to Dr. Paul Alaje, a senior economist. […]

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Ajaokuta Steel Company cannot work – Dangote

Dangote doubts Ajaokuta Steel viability in Nigeria

By Ifunanya / September 17, 2025

Aliko Dangote, President and Chief Executive Officer of Dangote Refinery, has expressed skepticism about the viability of the Ajaokuta Steel […]

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Fed meeting sparks stock slide and dollar drop

By Ifunanya / September 17, 2025

Wall Street stocks declined on Tuesday as the US Federal Reserve commenced a two-day meeting, where it is anticipated to […]

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Kaduna Secures $120m Deal With Romania For Irrigation, Greenhouse Farming Project • Channels Television

Kaduna Partners Romania to Boost Irrigation Farming

By Ifunanya / September 17, 2025

The Kaduna State Government has signed a memorandum of understanding with the African Industries Group, a Romanian-based company, to develop […]

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Rising debt: ‘Nigeria actually under-borrowing’ – Presidency

Nigeria debt eased by 39 percent since 2023

By Ifunanya / September 16, 2025

Nigeria’s Presidency has addressed concerns about the country’s rising international debts, stating that the current administration has actually eased debt […]

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Fuel scarcity imminent as tanker drivers shun depots Monday over union dispute - NUPENG

NUPENG accused of sabotaging Nigeria fuel prices with Dangote Refinery dispute

By Ifunanya / September 16, 2025

A dispute has erupted between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Dangote Refinery over […]

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BREAKING: Dangote Refinery reduces fuel price nationwide

Dangote Refinery ships petrol to New York

By Ifunanya / September 16, 2025

Nigeria’s Dangote Refinery has achieved a significant milestone with the arrival of its premium motor spirit, PMS, in New York, […]

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