African Business News

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

Nigerian FIRS extends operation time to achieve N25.2tn revenue target

Nigerian FIRS extends operation time to achieve N25.2tn revenue target

By Ifunanya / June 17, 2025

Nigeria’s revenue collection agency, the Federal Inland Revenue Service, FIRS, has ordered the extension of its tax office operational time […]

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Fuel price: Fear grips petroleum product stakeholders as Dangote Refinery pushes for monopoly

Fuel price: Fear grips petroleum product stakeholders as Dangote Refinery pushes for monopoly

By Ifunanya / June 17, 2025

Fear has gripped petroleum product marketers and retailers as Dangote Refinery fixed August 15, 2025, to begin distribution of premium […]

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Porsche explains why it ‘can’t’ leave Russia — RT Business News

Porsche Fails to Exit Russia Due to Unsuccessful Asset Sale Amid Sanctions

By Ifunanya / June 17, 2025

Porsche, the luxury German carmaker, has revealed that it has not exited the Russian market due to its inability to […]

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BREAKING: Despite rebase, Nigeria's inflation rate rises to 24.23%

BREAKING: Nigeria’s inflation drops to 22.97%

By Ifunanya / June 16, 2025

The National Bureau of Statistics, NBS, on Monday, announced that Nigeria’s headline inflation rate has dropped to 22.97 percent. NBS […]

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FIRS opens weekend tax services to ease pressure ahead of deadline

FIRS opens weekend tax services to ease pressure ahead of deadline

By Ifunanya / June 16, 2025

As the June 30 deadline for Companies Income Tax (CIT) filing approaches, the Federal Inland Revenue Service (FIRS) has opened […]

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BREAKING: Again, Dangote refinery slashes petrol prices nationwide

‘Monopoly in making’ – Retailers kick against Dangote Refinery’s direct supply plan

By Ifunanya / June 16, 2025

The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has kicked against Dangote Refinery’s move to distribute its petroleum […]

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BREAKING: Again, Dangote refinery slashes petrol prices nationwide

Dangote Refinery’s Direct Distribution Plan Sparks Monopoly Fears in Nigeria’s Petroleum Industry

By Ifunanya / June 16, 2025

Nigeria’s Petroleum Industry on High Alert: Dangote Refinery’s Move Sparks Monopoly Fears In a move that’s sent shockwaves through Nigeria’s […]

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Global oil prices: Iran, Israel strikes damage refinery, gas facilities

Global oil prices: Iran, Israel strikes damage refinery, gas facilities

By Ifunanya / June 16, 2025

Global oil prices have continued the week in gain amid tit-for-tat attacks by both Iran and Israel, as the crisis […]

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BREAKING: Again, Dangote refinery slashes petrol prices nationwide

Dangote Refinery Disrupts Nigeria’s Oil Downstream Market with Nationwide Fuel Distribution and CNG Stations

By Ifunanya / June 16, 2025

Dangote Refinery Set to Disrupt Nigeria’s Oil Downstream Market with Nationwide Fuel Distribution In a move that promises to significantly […]

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CPPE raises concerns over CBN interest rate pause

Israel-Iran conflict: CPPE warns of mixed impact on Nigerian economy

By Ifunanya / June 15, 2025

The Centre for the Promotion of Private Enterprise, CPPE, has outlined both the risks and possible benefits the escalating conflict […]

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