FGN Bond Auction Posts 4.28% Oversubscription in March 2026
The Federal Government of Nigeria March 2026 bond auction recorded a 4.28 percent oversubscription, reflecting sustained investor interest in domestic […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
NLNG New MD Adeleye Falade Officially Assumes Office
Adeleye Falade has officially assumed the role of Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), taking
BUA Group UBA Partnership Fuels Expansion as Profits Surge
Abdul Samad Rabiu, Founder and Executive Chairman of BUA Group, recently hosted United Bank for Africa (UBA) Chairman Tony Elumelu
Asian Stocks Rally on Middle East Peace Hopes as Oil Jumps
Asian equity markets surged on Wednesday after US President Donald Trump and Iranian President Masoud Pezeshkian signaled potential pathways to
North Sea Drilling Push Faces Expert Energy Realities
The UK Conservative Party is advancing proposals to resume North Sea oil and gas drilling as conflict in the Middle
OpenAI Secures $122B Funding Round At $852B Valuation
OpenAI has secured $122 billion in a recently closed funding round that values the artificial intelligence developer at $852 billion.
GTCO Posts N865bn 2025 Profit, Declares N12.76k Dividend
Guaranty Trust Holding Company Plc (GTCO) has reported a profit after tax of ₦865.75 billion for the fiscal year ended
Naira Depreciates To N1386 As CBN Recap Deadline Ends
The Nigerian naira depreciated further against the United States dollar on Tuesday, 31 March 2026, as foreign exchange benchmarks declined
African Business News
Indonesia Fuel Rationing And Civil Servant WFH Orders
Indonesia has introduced daily fuel purchase limits and mandated remote work for civil servants to conserve national energy reserves amid
African Business News
South Africa Cuts Fuel Tax As Record Pump Prices Surge
South Africa will implement a one-month reduction in its general fuel levy to partially cushion consumers against record pump price
FCMB Capital Markets Tops FMDQ Debt Table With N1.53trn
FCMB Capital Markets Limited raised ₦1.53 trillion in corporate debt through bond listings and commercial paper quotations on the FMDQ
African Business News
Petrol price drop: Stations cut fuel after NNPCL, Dangote
Retail petrol prices across Nigeria have declined following recent adjustments by major upstream suppliers. Filling station operators in Abuja, including