African Business News

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

Fuel price may drop to N800 per litre - Marketers

Nigerian petrol marketers reduce fuel pump price for patronage

By Ifunanya / June 7, 2025

Nigerian petroleum products marketers have reduced their premium motor spirit pump price downwards to attract patronage. Media Talk Africa observed […]

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Naira records highest appreciation against dollar since Trump's tarrif pause

Naira gains N32.38 against dollar week-on-week

By Ifunanya / June 7, 2025

Nigeria’s currency, the naira, has gained a significant N32.38 against the dollar on a week-on-week basis at the official foreign […]

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Russian central bank makes major change — RT Business News

Russia Cuts Key Interest Rate to 20% as Inflation Slows Down

By Ifunanya / June 7, 2025

The Bank of Russia has made a significant move by cutting its key interest rate by 100 basis points to […]

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Naira depreciates against dollar across official, black markets after Easter holidays

Eid al-Adha: Naira appreciates massively against dollar across official, black markets

By Ifunanya / June 6, 2025

The naira appreciated massively against the dollar across the official and parallel foreign exchange markets on Thursday, ahead of the […]

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Nigeria to earn $7m daily revenue from fertiliser export - Dangote

Petrol not expensive in Nigeria – Dangote

By Ifunanya / June 5, 2025

The President of Dangote Group of Companies, Aliko Dangote, has named the road leading to the Dangote Refinery after President […]

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Investors record N240bn gain as NGX continues bullish trend

Oando, other investors gain N224bn as NGX continues three-day uptrend

By Ifunanya / June 5, 2025

Oando and other investors raked in a N224 billion gain in a single day as Nigerian Exchange Limited continued a […]

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Top French robotics firm goes into liquidation — RT Business News

Aldebaran Robot Maker Faces Liquidation Amid 60 Million Euro Debt

By Ifunanya / June 5, 2025

Renowned French robotics company Aldebaran, known for its innovative androids designed to recognize human emotions, has fallen into financial turmoil. […]

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Naira appreciates against dollar across official, black markets

Naira Records Highest Single-Day Gain Against Dollar in Official Foreign Exchange Market

By Ifunanya / June 5, 2025

Naira Records Highest Single-Day Gain Against Dollar In a significant development, the Nigerian naira has achieved its highest single-day appreciation […]

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AEDC workers issue notice to shutdown electricity supply in Abuja, three other Nigerian states

AEDC workers issue notice to shutdown electricity supply in Abuja, three other Nigerian states

By Ifunanya / June 4, 2025

Blackout looms as the National Union of Electricity Employees threaten to down tools and shut down power supply in Abuja, […]

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Investors record N240bn gain as NGX continues bullish trend

Investors gain N259bn as NGX continues uptrend

By Ifunanya / June 4, 2025

Investors at Nigerian Exchange Limited recorded a N259 billion gain on Tuesday to extend the uptrend. This comes as market […]

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