African Business News

The Budget Office of the Federation has urged Nigerians to be cautious of unverified claims and speculation surrounding the country’s […]

The Nigerian naira experienced a notable gain against the US dollar on Wednesday, closing at N1,435.75 on the official foreign

Nigeria has commenced the implementation of its new tax laws and fiscal reforms, despite widespread public anxiety. The new tax

The Nigerian Exchange Limited has experienced a significant surge in value, with its total market capitalisation increasing by N36.46tn year-to-date.

Bauchi State Governor Bala Mohammed has expressed concerns that President Bola Ahmed Tinubu is overlooking certain provisions in the country’s

The Nigerian National Petroleum Company Limited (NNPCL) has reported a profit after tax of 502 billion in November 2025, marking

Nigeria experienced a series of national grid collapses on December 29, 2025, resulting in a nationwide blackout. The collapse, which

Nigeria’s oil production has declined by 5.9% year-on-year, with the country producing 1.599 million barrels per day (bpd) in November

Russia’s economy has undergone significant transformation in recent years, defying initial predictions of a sharp contraction or collapse in 2022.