African Business News

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

EU commits €1bn to support AfCFTA implementation

EU commits €1bn to support AfCFTA implementation

By Ifunanya / June 23, 2025

The Head of Cooperation at the Delegation of the European Union (EU) to Nigeria and ECOWAS, Mr. Massimo De Luca, […]

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Israel-Iran war: Nigerian petrol marketers increase fuel price 2 times in 1 week

Israel-Iran war: Nigerian petrol marketers increase fuel price 2 times in 1 week

By Ifunanya / June 23, 2025

Nigerian petroleum product marketers have increased the price of motor spirit two consecutive times in less than one week. Media […]

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Transparency in PIA can unlock investment in oil sector - Stakeholders assess NUPRC

Transparency in PIA can unlock investment in oil sector – Stakeholders assess NUPRC

By Ifunanya / June 23, 2025

Experts and civil society representatives have asserted that the effective implementation of the Petroleum Industry Act, PIA, could unlock long-term […]

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NNPCL names new senior management team

NNPCL increases fuel price – Media Talk Africa Nigeria

By Ifunanya / June 23, 2025

The Nigerian National Petroleum Company Limited, NNPCL, has increased its premium motor spirit price. Media Talk Africa correspondent who went […]

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Israel, Iran War: Global oil price surge sparks fear of Nigerian petrol affordability

Israel-Iran: Global oil price rises by near 3% after US strike

By Ifunanya / June 23, 2025

Global oil prices spiked by over 2 percent after the United States of America bombed Iran’s three nuclear sites. Oilprice.com […]

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War: Oil prices to skyrocket again as US joins Israel against Iran

US Strike on Iran Sparks Fears of Soaring Oil Prices and Escalating Middle East Conflict

By Ifunanya / June 22, 2025

Global Oil Prices Set to Soar as US Enters Israel-Iran Conflict In a dramatic escalation of the Middle East conflict, […]

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Nigerian govt secures London Heathrow Airport slot for Air Peace - Keyamo 

Nigerian govt secures London Heathrow Airport slot for Air Peace – Keyamo 

By Ifunanya / June 22, 2025

Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has explained how the country secured a Heathrow slot for its […]

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BREAKING: Again, Dangote refinery slashes petrol prices nationwide

Dangote Refinery partner, MRS filling station increases fuel price

By Ifunanya / June 22, 2025

Dangote Refinery partner, MRS filling stations, has increased its premium motor spirit pump price. MRS disclosed this in a new […]

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Russia on verge of recession – minister — RT Business News

Russia on Brink of Recession Amid Sanctions and Economic Cooling

By Ifunanya / June 21, 2025

Russia’s economy is teetering on the edge of a recession, according to Economic Development Minister Maksim Reshetnikov. Despite showing remarkable […]

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Naira continues depreciation against dollar

Naira Appreciates Against Dollar After Three-Day Depreciation Streak

By Ifunanya / June 21, 2025

Naira Sees Uptick Against Dollar, Breaking Three-Day Slide In a welcome turn of events, the Nigerian naira experienced a significant […]

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