African Business News

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

TCN announces 120MW addition to national grid

TCN announces 120MW addition to national grid

By Ifunanya / June 29, 2025

The Transmission Company of Nigeria, TCN, has announced that it has energised two newly installed power transformers at its 330/132/33 […]

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New tax law will impact livelihood – ICAN

By Ifunanya / June 29, 2025

The Institute of Chartered Accountants of Nigeria, (ICAN), has commended President Bola Tinubu for signing into law, four tax reform […]

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Nigeria projected among top-five world's biggest economies

Nigeria projected among top-five world’s biggest economies

By Ifunanya / June 28, 2025

Nigeria has been projected to be among the top five biggest economies in the world by 2075. The Spectator Index […]

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Elon Musk’s Starlink resumes activation of fresh customers in Nigeria

Elon Musk’s Starlink resumes activation of fresh customers in Nigeria

By Ifunanya / June 28, 2025

United States of America tech billionaire, Elon Musk’s firm, SpaceX Starlink, a satellite internet provider Starlink, has officially resumed activation […]

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Naira appreciates massively against dollar in black market

Naira returns to depreciation against dollar at official foreign exchange market

By Ifunanya / June 28, 2025

The naira returned to depreciation against the dollar at the official foreign exchange and ended the week on a negative […]

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Overbilling: NERC slams N626m fine on Abuja, Ikeja, other DisCos, orders refunds to customers

NERC approves order for Abia to regulate electricity market

By Ifunanya / June 28, 2025

The Nigerian Electricity Regulatory Commission, NERC, has commenced the process of transferring the regulatory oversight of electricity market in Abia […]

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Trump Mobile drops ‘Made in USA’ label amid China copycat concerns — RT Business News

Trump Mobile Removes Made in USA Label Amid Claims New Smartphone is Rebranded Chinese Model

By Ifunanya / June 28, 2025

The Trump Organization has sparked controversy with its new smartphone, the T1, after removing the “Made in the USA” label […]

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News tax laws: I feel fulfilled, hopeful about Nigeria - Oyedele

News tax laws: I feel fulfilled, hopeful about Nigeria – Oyedele

By Ifunanya / June 27, 2025

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has declared that the signing of Nigeria’s […]

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African leaders have no basic economic knowledge to develop continent – Obasanjo

By Ifunanya / June 27, 2025

Former Nigerian President, Olusegun Obasanjo has taken a swipe at Africa’s political elite, saying they lack the basic economic knowledge […]

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N210 alleged Missing Funds, Portharcourt Refinery: NNPCL blames saboteurs for travails

N210 alleged Missing Funds, Portharcourt Refinery: NNPCL blames saboteurs for travails

By Ifunanya / June 27, 2025

The leadership of the Nigerian National Petroleum Company Limited has blamed saboteurs for waves of campaigns of calumny against the […]

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