African Business News

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

Canada scraps tax on tech giants in bid to revive US trade talks — RT Business News

Canada shelves digital tax on US tech giants to revive trade talks with America

By Ifunanya / July 1, 2025

In a significant move to salvage trade negotiations with the US, Canada has decided to shelve its plans to impose […]

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NCAA grounds Rano Air aircraft after mid-flight engine failure

NCAA grounds Rano Air aircraft after mid-flight engine failure

By Ifunanya / July 1, 2025

The Nigeria Civil Aviation Authority (NCAA) has grounded a Rano Air aircraft with registration number 5N-BZY following an in-flight engine […]

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DMO releases results of April 2025 FGN Bond auction

Concerns as Nigeria’s debt balloons to N149.39tn amid worsening infrastructural deficit

By Ifunanya / July 1, 2025

Financial experts and economists have raised concerns over Nigeria’s N149.39 trillion debt profile at the end of the first quarter […]

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ICAN to establish 'Governor Bago' Student Centre in Minna

ICAN to establish ‘Governor Bago’ Student Centre in Minna

By Ifunanya / July 1, 2025

The President of the Institute of Chartered Accountants of Nigeria, ICAN, Dr. Haruna Nma Yahaya, has announced plans to set […]

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Dangote Refinery reduces fuel price as petrol marketers hold emergency meeting

Dangote Refinery reduces fuel price as petrol marketers hold emergency meeting

By Ifunanya / July 1, 2025

Nigeria’s Dangote Refinery has reduced its premium motor spirit ex-depot price to N840 from N880 per litre. This comes as […]

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Naira appreciates against dollar across official, black markets

Naira appreciates against dollar on official market

By Ifunanya / July 1, 2025

The naira appreciated significantly against the dollar at the official foreign exchange market to begin the week on a bullish […]

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Nigerian banks announce early closure over half-year audit

Nigerian banks announce early closure over half-year audit

By Ifunanya / June 30, 2025

Nigerian commercial banks have announced early closure from Monday, June 30, 2025. The banks gave scheduled half-year audit activities as […]

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DMO: Data Analyst Ogunsanwo picks holes in Nigeria's N149.39tn debt

DMO: Data Analyst Ogunsanwo picks holes in Nigeria’s N149.39tn debt

By Ifunanya / June 30, 2025

Babajide Ogunsanwo, a data analyst, has picked holes in Nigeria’s N149.39 trillion debt figure as of the first quarter of […]

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FCMB opens new branch at Sangotedo in Lagos

FCMB opens new branch at Sangotedo in Lagos

By Ifunanya / June 30, 2025

First City Monument Bank (FCMB) officially commissioned a new branch in Sangotedo, Lagos, on June 26, 2025. Local leaders expressed […]

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US lifts Russia sanctions that blocked key NPP construction in EU state — RT Business News

US Lifts Sanctions on Gazprombank for Hungary’s Paks-2 Nuclear Power Plant Project

By Ifunanya / June 29, 2025

In a significant development, the United States has lifted sanctions that previously barred financial transactions with Russia’s Gazprombank related to […]

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