African Business News

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

Naira records highest depreciation against dollar in weeks

Naira continues depreciation against dollar at official forex market

By Ifunanya / June 26, 2025

The naira continued depreciation against the dollar at the official foreign exchange market on Wednesday. The Central Bank of Nigeria […]

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Tinubu, Cardoso rally stakeholders as Afreximbank meeting begins in Abuja

Tinubu, Cardoso rally stakeholders as Afreximbank meeting begins in Abuja

By Ifunanya / June 25, 2025

President Bola Tinubu and the Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, have rallied stakeholders as the […]

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Nigerian Senate passes N1.485 trillion 2025 budget for Rivers State

Nigerian Senate passes N1.485 trillion 2025 budget for Rivers State

By Ifunanya / June 25, 2025

The Nigerian senate on Wednesday, passed the 2025 budget of Rivers State, to the tune of N1.485 trillion. The passage […]

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MultiChoice Nigeria reduces DStv, GOtv subscription price after FCCPC pressure

MultiChoice Nigeria Slashes DStv and GOtv Subscription Fees by 50 Percent Amid Regulatory Pressure

By Ifunanya / June 25, 2025

Breaking: MultiChoice Nigeria Slashes Subscription Fees by 50% Amid Regulatory Pressure In a shocking move, MultiChoice Nigeria, the parent company […]

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FGN Green Bond records N91.42bn subscription - DMO

DMO finalises settlement for N100bn oversubscribed FGN bond

By Ifunanya / June 25, 2025

Nigeria’s Debt Management Office has said settlement for N100 billion bonds is scheduled for Wednesday, June 25, 2025. This marks […]

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Fuel price may drop to N800 per litre - Marketers

Israel-Iran war: Nigerian fuel prices to drop on easing global crude cost – Marketers

By Ifunanya / June 25, 2025

The escalated prices of premium motor spirit in the Nigerian retail market are expected to cool off following the easing […]

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Putin orders government to prepare for return of foreign companies — RT Business News

Putin Orders Government to Prepare for Return of Foreign Companies that Left Russia Due to Ukraine Conflict

By Ifunanya / June 25, 2025

In a significant move, Russian President Vladimir Putin has given the green light for the government to prepare for the […]

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Naira continues depreciation against dollar

Naira records second depreciation against dollar on official FX market

By Ifunanya / June 25, 2025

The naira recorded second consecutive depreciation against the dollar at the official foreign exchange market on Tuesday. Data from the […]

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US, Nigeria launch commercial, investment partnership to boost bilateral trade

US, Nigeria launch commercial, investment partnership to boost bilateral trade

By Ifunanya / June 24, 2025

The United States and the Nigerian government have officially launched the Working Group Meeting of the US-Nigeria Commercial and Investment […]

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Property dispute: Developer admits failing to deliver apartments at agreed date

Property dispute: Developer admits failing to deliver apartments at agreed date

By Ifunanya / June 24, 2025

Chief Executive Officer of Oak Homes Limited and a property developer, Mr. Olukayode Olusanya, has admitted before the Lagos State […]

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