Elon Musk wins $56 billion Tesla pay package appeal
A Delaware appeals court has overturned a previous ruling, paving the way for Elon Musk to receive a contentious $56 […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
African Business News
Naira depreciation hits new low against US dollar
The Nigerian Naira has recorded its highest depreciation against the United States Dollar this week, according to data from the
2026 Budget Tinubu Proposal Draws Mixed Reactions
President Bola Ahmed Tinubu’s proposed N58.47 trillion budget for 2026 has sparked mixed reactions from economists, who have identified both
Oando hosts law students for 2025 legal seminar and mentorship program
Oando Plc recently hosted its 2025 Legal Seminar, a 14-year initiative aimed at developing the skills of emerging legal talent
NNPCL Hits 355000 Barrels Daily Crude Oil Output
The Nigerian National Petroleum Company Limited (NNPCL) has achieved a significant milestone in crude oil production, with its upstream subsidiary,
Fusion power deal values Trump company at $6 billion
A $6 billion merger between Trump Media & Technology Group (TMTG) and Google-backed TAE Technologies is set to propel the
African Business News
Asian markets rise on eased US inflation hopes
Asian markets experienced a surge on Friday, driven by a lower-than-expected US inflation reading, which has bolstered hopes for another
NNPCL cuts fuel price by N80 to N835 per liter
The Nigerian National Petroleum Company Limited has announced its third petrol price reduction in December 2025. According to a survey
African Business News
TikTok deal avoids US ban with joint venture
TikTok has signed a joint venture deal with investors to maintain operations in the United States and avoid a ban
Nigeria Tax Incentives Retained for 149 Companies
Nigeria’s Federal Government has announced that 149 companies currently enjoying pioneer status incentives will retain their tax holidays for at
Tinubu to present 2026 budget without 2025 report
President Bola Tinubu is set to present Nigeria’s 2026 budget to the National Assembly, but a civic organization, BudgIT, has
Femi Otedola increases First Bank stake with N14.8bn purchase
Billionaire investor Femi Otedola has increased his stake in FirstHoldCo Plc, the parent company of First Bank of Nigeria, with