African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Two Nigerian government agencies, the Galaxy Backbone and the Rural Electrification Agency, have signed a partnership to provide electricity and […]
Continue ReadingFlutterwave, Africa’s leading payments technology company, today announced the relaunch of its flagship remittance solution, Send App, across US states […]
Continue ReadingRussia’s international reserves have reached a record high of $687.7 billion, according to the country’s central bank. This significant increase […]
Continue ReadingThe Oyo State Government has announced plans to support 1,000 young agropreneurs with a ₦1.5 billion fund in a renewed […]
Continue ReadingFifty-five Nigerian firms propelled the Nigerian Exchange Market to a second straight gain on Thursday. The firms that led to […]
Continue ReadingThe Nigerian Midstream and Downstream Petroleum Regulatory Authority has announced July 23 and 24, 2025, as the dates for premium […]
Continue ReadingThe naira recorded appreciation against the dollar at official and parallel foreign exchange markets. The Central Bank of Nigeria’s exchange […]
Continue ReadingManaging Director of the Asset Management Corporation of Nigeria, AMCON, Gbenga Alade, said that the agency engaged foreign tracers to […]
Continue ReadingThe Nigerian government, through the Asset Management Corporation of Nigeria, AMCON, has announced the sale of the Ibadan Electricity Distribution […]
Continue ReadingThe Edo State Internal Revenue Service, EIRS, on Thursday said it generated a total of N52.6 billion to the coffers […]
Continue ReadingThe Nigerian Exchange Limited (NGX) bounced back with N378 billion in gains on Wednesday after four days of losses. This […]
Continue ReadingA plan to redesign the UK’s pound banknotes with a focus on diversity has sparked controversy, with some politicians and […]
Continue ReadingThe naira continued to appreciate against the dollar at the official foreign exchange market on Wednesday, marking the third consecutive […]
Continue ReadingNigeria’s average price for refilling a 12.5kg cylinder of liquefied petroleum gas, LPG, rose by 2.18 per cent on a […]
Continue ReadingThe International Monetary Fund has hailed Olayemi Cardoso-led Central Bank of Nigeria’s monetary policy reforms.The fund made this known in […]
Continue ReadingPetroleum products marketers have reduced the price of Premium Motor Spirit in Nigeria. The president of the Independent Petroleum Marketers […]
Continue ReadingStakeholders have rallied support for investment and innovation in Africa’s oil and gas sector at the 24th Edition of Nigeria […]
Continue ReadingThe fortunes of Russia’s wealthiest businessmen have experienced a significant boost, with their combined net worth rising by over $24.5 […]
Continue ReadingThe Nigerian economy is projected to have grown by around 3.7 percent in the first half of 2025. The growth […]
Continue ReadingTwo Nigerian blue-chip, or top-listed, companies took the exit door at the Nigerian Exchange Limited 30 Index after a review […]
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