Trump Promises Economic Boom in US Amid High Prices
In a recent address to the nation, US President Donald Trump outlined his vision for an economic boom, while attributing […]
African Business News
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Trump Gives Military 1.45M Bonus Checks $1776 Each
In a televised address on Friday, United States President Donald Trump announced that 1,450,000 military servicemembers will receive a one-time
African Business News
Aurora Tech Award Unveils Top 100 Female Founders
The Aurora Tech Award has announced its Top 100 founders to watch for 2026, following a record 3,400 applications from
Nigeria Customs imposes 3% penalty on banks for delayed remittances
The Nigeria Customs Service (NCS) has introduced a penalty interest on designated banks that fail to remit revenue to the
African Business News
Dangote Petrol Price Reduction Opposed by PETROAN
The President of the Petroleum Products Retail Outlet Owners Association of Nigeria, Billy Gillis-Harry, has clarified the association’s stance on
Fuel price drops by N45 at Nigerian filling stations
Nigerian filling stations have significantly reduced the price of Premium Motor Spirit, barely five days after Dangote Refinery announced a
Nigeria Customs enforces penalties on banks for delayed revenue remittance
The Nigeria Customs Service has announced its intention to impose penalties on designated banks that fail to remit customs revenue
African Business News
Power outage hits South-East as DisCos cut supplies
Electricity distribution companies in Nigeria, also known as DisCos, have begun to cut power supplies to customers due to gas
NDIC NIBSS partner for efficient bank failure reimbursement
The Nigeria Deposit Insurance Corporation (NDIC) and the Nigeria Inter-Bank Settlement System (NIBSS) have agreed to enhance the reimbursement process
Nigeria revenue shortfall hits 281 percent in 2025
Nigeria’s Minister of Finance, Wale Edun, has revealed that the country’s 2025 revenue projection of N40.8 trillion is significantly short,
Nigeria Central Bank chief reaffirms macroeconomic stability
The Central Bank of Nigeria’s Governor, Olayemi Cardoso, has reaffirmed the country’s commitment to macroeconomic stability at the US-Nigeria Executive
African Business News
Seplat Energy appoints new Independent Non-Executive Directors
Seplat Energy has announced the appointment of Engineer Saidu Aliyu Mohammed and Larry Ephraim Ettah as Independent Non-Executive Directors, effective