African Business News

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

G7 ‘no longer engines of growth’ – senior Putin aide — RT Business News

Global Economic Shifts Accelerate as New Power Centers Emerge Beyond Traditional G7 Nations

By Ifunanya / June 18, 2025

The global economic landscape is undergoing a significant shift, with new power centers emerging to challenge the traditional dominance of […]

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CBN issues traditional guidance to Nigerian banks as recapitalization deadline nears

CBN issues traditional guidance to Nigerian banks as recapitalization deadline nears

By Ifunanya / June 18, 2025

The Central Bank of Nigeria has issued routine transitional guidance for selected Nigerian banks as its 2026 recapitalization deadline approaches. […]

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CBN should reduce interest rates to further drive inflation down in Nigeria - Idakolo 

CBN should reduce interest rates to further drive inflation down in Nigeria – Idakolo 

By Ifunanya / June 18, 2025

A financial expert and the Chief Executive Officer of SD & D Capital Management, Gbolade Idakolo, has urged the Central […]

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Nigerian govt to link credits check to NIN

Nigerian govt to link credits check to NIN

By Ifunanya / June 18, 2025

The Nigerian government said it plans to roll out a policy that will mandate linking Nigerians’ credit scores to their […]

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CAC reviews service fees - Daily Post Nigeria

CAC reviews service fees – Media Talk Africa Nigeria

By Ifunanya / June 18, 2025

The Corporate Affairs Commission, CAC, has announced a review of its service fees, scheduled to take effect from August 1, […]

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Oil prices continue to rise over escalating Israel-Iran conflict — RT Business News

Oil prices surge nearly 5% as Israel-Iran conflict threatens key shipping route

By Ifunanya / June 18, 2025

Global oil prices have surged by almost 5% as the escalating conflict between Israel and Iran sparks concerns over the […]

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PEBEC announces nationwide initiative to drive ease of doing business in Nigeria

PEBEC announces nationwide initiative to drive ease of doing business in Nigeria

By Ifunanya / June 17, 2025

The Presidential Enabling Business Environment Council has announced a nationwide tour to begin on June 23, 2025, to drive the […]

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Naira records highest depreciation against dollar in weeks

Naira losses steam against dollar as Nigeria’s reserves slide downward

By Ifunanya / June 17, 2025

The naira depreciated against the dollar at the official foreign exchange market on Tuesday, barely 24 hours after appreciation amid […]

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Nigeria maintains dominance in Africa's crude production with 1.544 mbpd — OPEC

Nigeria maintains dominance in Africa’s crude production with 1.544 mbpd — OPEC

By Ifunanya / June 17, 2025

The world’s leading oil corporation, the Organisation of Petroleum Exporting Countries, OPEC, said Nigeria’s crude oil output remained the topmost […]

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Fuel price may drop to N800 per litre - Marketers

Israel-Iran war: Dangote Refinery, depot owners increase fuel price in Nigeria

By Ifunanya / June 17, 2025

Dangote Refinery and petroleum products depot owners have increased their ex-depot prices of premium motor spirit owing to the spike […]

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