EU posts €1.5 billion trade surplus with Russia
The European Union has recorded a trade surplus with Russia for the second consecutive quarter, according to data released by […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Lagos-Calabar Highway secures $1.26bn financing boost
Nigeria has secured $1.26 billion in financing for the Lagos–Calabar Coastal Highway, a major infrastructure project aimed at strengthening key
Nigeria Refinery Policy Should Favor Dangote Local Refineries
The Centre for the Promotion of Private Enterprise has urged the Nigerian Midstream and Downstream Petroleum Regulatory Authority to prioritize
Nigeria Aviation Minister Reshuffles Directors Amid Corruption Allegations
The Nigerian Minister of Aviation and Aerospace Development, Festus Keyamo, has carried out a reshuffle of senior directors at the
Ruble Surges 45 Ahead of Other Global Currencies
The Russian ruble has experienced a significant surge in value this year, outperforming other major global currencies and marking its
Naira gains massively against US dollar
The Nigerian Naira has experienced a significant gain against the United States dollar in the official foreign exchange market over
NNPC scores zero in corruption compliance ranking
The Nigerian National Petroleum Company Limited (NNPC) and 12 other federal government agencies have been ranked as non-compliant in the
Tax Laws: Ndume Asks Tinubu to Suspend January 2026 Implementation
Former Nigerian Senate Leader, Ali Ndume, has called on President Bola Ahmed Tinubu to suspend the implementation of the country’s
NMDPRA: Farouk Ahmed hands over to Saidu Mohammed
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has confirmed the formal transfer of leadership from outgoing Chief Executive
Lagos Property Tax Revenue Can Reach N1tn Annually
Lagos State has the potential to generate up to N1 trillion annually from property tax if the sector’s potential is
African Business News
Meta Faces Probe Over WhatsApp AI Chatbot Dominance
Italian regulators have ordered Meta to open its WhatsApp platform to rival AI chatbots, amid an ongoing probe into the