Japan Interest Rates Set To Hit 30 Year High
The Bank of Japan is poised to increase interest rates for the first time since January, potentially pushing them to […]
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.
Nigerian oil sector gets N51bn local content funding boost
The Nigerian Content Development and Monitoring Board has disclosed that 132 local companies have accessed a total of N51.785 billion
African Business News
UPS sued for underpaying seasonal workers millions
US authorities have filed a lawsuit against logistics giant UPS, alleging the company underpaid thousands of seasonal workers. The lawsuit,
Fuel price drop starts Tuesday says IPMAN nationwide
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that its members will start implementing the latest fuel price
Naira strengthens against US dollar at official market
The Nigerian Naira commenced the week on a positive note, appreciating against the US dollar at the official foreign exchange
Dangote Refinery feud crashes fuel prices nationwide
A recent feud between Aliko Dangote, President of Dangote Refinery, and Farouk Ahmed, Chief Executive Officer of the Nigerian Midstream
Estonia offers to help Hungary pay penalties for cutting Russian energy ties
Estonia’s President Alar Karis has suggested that his country could help Hungary pay contractual penalties if Budapest decides to terminate
Nigeria Financial Market Leaders Convene for Sustainable Growth
The Financial Market Dealers Association recently convened its 9th Annual Financial Market Conference, bringing together key stakeholders to discuss the
Dangote NMDPRA feud sparks Reps intervention
The Nigerian House of Representatives Committee on Petroleum Resources (Downstream) has intervened in the escalating dispute between Aliko Dangote, President
African Business News
Nigeria Petroleum Crisis Dangote Refinery Dispute
The Nigerian House of Representatives Joint Committee on Petroleum Resources has intervened in a dispute between the Dangote Refinery and
FAAC revenue sharing totals N1.928 trillion
The Federation Account Allocation Committee (FAAC) has announced that the federal, state, and local government councils in Nigeria shared a
Budget 2025 rollover to 2026 hits 70 percent
The Federal Government of Nigeria has announced that approximately 70% of the 2025 budget will be rolled over into 2026.