CIS trade settles in national currencies 96%
Russian President Vladimir Putin has announced that non-Western currencies are now used in over 96% of commercial transactions among Commonwealth […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Sugar factory completion gets federal government support
The Federal Government of Nigeria has appealed for continued support from the Emir of Lafiagi, Alhaji Mohammed Kudu Kawu, and
China Buys Record Russian Gold Amid De-Dollarization Efforts
China’s gold imports from Russia surged to a record high in November, with shipments valued at $961 million, according to
African Business News
15 Years After Fukushima, Japan Prepares to Restart Its Biggest Nuclear Plant
Japan has taken a significant step towards restarting the world’s largest nuclear power plant, Kashiwazaki-Kariwa, located approximately 220 kilometers northwest
African Business News
Nigeria Tax Laws Delay Causes Multiple Taxations
Nigeria’s Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has outlined the potential consequences of not
Nigeria Customs Intercept ₦769.5m Diverted Containers
The Nigeria Customs Service (NCS) has intercepted 20 diverted transit containers valued at ₦769.5 million in combined Duty Paid Value
Dangote to Nigerians: Don’t Pay More Than N739 for Petrol
Dangote Refinery has called on Nigerians to report any MRS filling station outlets nationwide that are selling fuel above the
African Business News
Tax Laws Controversy Presidency Weighs In On Alleged Discrepancies
The Nigerian presidency has addressed the controversy surrounding the new tax laws set to take effect on January 1, 2026.
Dangote Refinery Slashes Petrol Price to ₦739 Per Litre Nationwide
Dangote Petroleum Refinery has initiated a nationwide sales campaign, offering Premium Motor Spirit (PMS), also known as petrol, at a
African Business News
Nuclear arms control faces setbacks in 2026
The global framework for controlling nuclear weapons is facing significant challenges in 2026, with the potential to erode safeguards against
African Business News
Carbon capture project underway in North Sea
In a significant development in the fight against climate change, a carbon capture and storage (CCS) project is nearing completion
Gold prices soar to record high amid expected US rate cuts
Gold prices reached a record high on Monday, driven by investor optimism that the US Federal Reserve will continue to