Dollar heads for worst year since 2003 performance
The US dollar is on track to record its worst annual performance in over two decades, according to a Reuters […]
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.
Central Bank Nigeria fire report debunked as fake
A recent fact-checking report by Reuters has debunked social media claims of a fire outbreak at the Central Bank of
African Business News
US visa ban targets EU ex commissioner over censorship rules
The US State Department has announced that it will deny visas to a former EU commissioner and four others, citing
African Business News
Gold prices soar past 4500 on rate cut bets and geopolitics
Gold prices have surpassed $4,500 for the first time, driven by anticipation of continued interest rate cuts by the Federal
Nigeria attracts investors with macroeconomic stability
The Central Bank of Nigeria (CBN) is actively promoting its economic reform narrative to global investors, emphasizing policy stability, macroeconomic
African Business News
EU Commissioner Breton Slams US Visa Denial as Witch Hunt
The United States has announced its decision to deny visas to former European Union Commissioner Thierry Breton and four others,
Insecurity: Labour urges state governments to act
Nigeria’s labour unions are urging state governments and local authorities to take a more proactive role in addressing the country’s
Russian fish imports to EU still worth hundreds millions euros annually
Despite the European Union’s economic sanctions on Russia, the country’s fish exports continue to flow into the EU market, with
Naira Appreciates Against US Dollar for Second Day
The Nigerian naira has appreciated against the United States dollar for the second consecutive day at the official foreign exchange
Nigeria Tax Reform Law Alterations Spark Atiku’s Treason Claim
Former Nigerian Vice President and 2023 presidential candidate Atiku Abubakar has accused the Federal Government of making unauthorized changes to
African Business News
Nigeria economic hardship blamed on federal government revenue control
Katsina State Governor, Malam Dikko Radda, has called on Nigerians to reevaluate their perception of the economic hardship in the
African Business News
Petrol price drops to 1061 per litre in November
Consumers in Nigeria paid an average of 1,061 per liter for petrol in November 2025, according to the National Bureau