FCCPC unseals Ikeja Electric headquarters after compliance agreement
The Federal Competition and Consumer Protection Commission (FCCPC) has lifted the seal on the headquarters of Ikeja Electric Plc, a […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
African Business News
Nigeria MSMEs get $500 million World Bank financing
The World Bank has approved a $500 million financing package to support Micro, Small, and Medium Enterprises (MSMEs) in Nigeria.
Dangote Refinery now supplies 1000 fuel trucks daily
The Dangote Refinery has seen a significant surge in fuel truck traffic, with over 1,000 vehicles visiting the facility daily
Nigeria Budget 2026 ₦58 trillion proposal presented
Nigerian President Bola Tinubu has presented a ₦58.1 trillion budget proposal for the 2026 fiscal year to the National Assembly.
Air Peace Resumes Ibadan Abuja Flights December 24
Air Peace Limited has announced the resumption of daily return flights between Ibadan and Abuja, effective December 24, 2025. The
Elon Musk wins $56 billion Tesla pay package appeal
A Delaware appeals court has overturned a previous ruling, paving the way for Elon Musk to receive a contentious $56
African Business News
Naira depreciation hits new low against US dollar
The Nigerian Naira has recorded its highest depreciation against the United States Dollar this week, according to data from the
2026 Budget Tinubu Proposal Draws Mixed Reactions
President Bola Ahmed Tinubu’s proposed N58.47 trillion budget for 2026 has sparked mixed reactions from economists, who have identified both
Oando hosts law students for 2025 legal seminar and mentorship program
Oando Plc recently hosted its 2025 Legal Seminar, a 14-year initiative aimed at developing the skills of emerging legal talent
NNPCL Hits 355000 Barrels Daily Crude Oil Output
The Nigerian National Petroleum Company Limited (NNPCL) has achieved a significant milestone in crude oil production, with its upstream subsidiary,
Fusion power deal values Trump company at $6 billion
A $6 billion merger between Trump Media & Technology Group (TMTG) and Google-backed TAE Technologies is set to propel the
African Business News
Asian markets rise on eased US inflation hopes
Asian markets experienced a surge on Friday, driven by a lower-than-expected US inflation reading, which has bolstered hopes for another