Agricultural stakeholders discuss farm input supply programme challenges
The National Agricultural Development Fund has convened a roundtable discussion with agricultural processors and stakeholders to review the first phase […]
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
Nigerian Oil Unsold Amid Global Surplus
Approximately 20 million barrels of Nigerian oil for December and January loading remain unsold, according to a report by Reuters,
Tinubu Increases Nigeria Spending to N34tn in 2 Years
Nigeria’s expenditure and debt servicing have significantly increased over the past two years, according to financial expert Kalu Aja. President
African Business News
Bank of England cuts interest rate to 3.75 percent amid UK inflation ease
The Bank of England has reduced its key interest rate to 3.75 percent, citing a faster-than-expected decline in UK inflation
ECB keeps interest rate steady at 2 percent
The European Central Bank has maintained its key interest rate at 2% for the fourth consecutive meeting, citing expectations that
Angola rail link gets $753m loan for mineral transport upgrade
The US International Development Finance Corporation (DFC) has agreed to provide a loan for the refurbishment of a strategic rail
BP appoints first female CEO to lead energy transformation
British energy giant BP has announced the appointment of Meg O’Neill as its new chief executive, effective April. O’Neill, an
African Business News
Nigeria Air Travel Remains Cheap Globally
Air travel within Nigeria is reportedly one of the cheapest globally, according to Prof. Obiora Okonkwo, Chairman and Chief Executive
Naira depreciation accelerates against US dollar
The Nigerian Naira has experienced a notable decline in value against the United States Dollar over the past 48 hours,
African Business News
Taiwan gets $11 billion US arms package
The United States has approved a significant arms package for Taiwan, valued at $11 billion. This announcement, made by Taipei
African Business News
Nigeria Airport Resumes Scheduled Flights
The Nigeria Civil Aviation Authority (NCAA) has given the green light for scheduled flight operations to commence at the Samuel
African Business News
Bolivia Ends Fuel Subsidies After 20 Years
Bolivia’s newly elected president, Rodrigo Paz, has announced the elimination of fuel subsidies, marking a significant shift in the country’s