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 […]
African Business News
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
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
African Business News
Nigeria Electricity Board Reconstituted By Tinubu
President Bola Tinubu has reconstituted the Nigerian Electricity Regulatory Commission (NERC) board, appointing Musiliu Oseni as the new chairman. This
Nigerian Electricity Regulatory Commission gets new chairman
President Bola Tinubu has appointed Dr. Musiliu Oseni as the Chairman of the Nigerian Electricity Regulatory Commission (NERC), following the
Nigeria Sugar Production Gets Boost With BUA Foods Factory Completion
The Nigerian government has urged BUA Foods to expedite the completion of its sugar factory in Lafiagi, Kwara State, as
African Business News
Stocks rise as US inflation slows and tech stocks bounce
Global equity markets experienced a largely positive trend on Thursday, driven by favorable US inflation data and a rebound in
Dangote Refinery petrol price remains N699 per litre
Dangote Refinery has confirmed that its ex-depot price for petrol remains at N699 per litre. The company announced this via
Nigeria Fuel Supply Assured By IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has assured the public of sufficient petroleum products to meet demand during