Nigeria trade rises to N38.9 trillion in Q3 2025
Nigeria’s foreign trade has experienced a notable increase, reaching N38.9 trillion in the third quarter of 2025, according to the […]
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
Climate change lawsuit filed against Shell by Philippines typhoon survivors
Typhoon Survivors File Lawsuit Against Shell Over Climate Change Survivors of a devastating 2021 typhoon in the Philippines have filed
World Bank approves $500m for Nigeria social protection
The World Bank has approved an additional $500 million in financing for Nigeria’s Community Action for Resilience and Economic Stimulus
African Business News
Sahara Community Project Drives Africa Economic Growth
Sahara Group Foundation has launched the Sahara Community Impact Project (SCIP), an initiative aimed at accelerating economic transformation in African
Dangote Refinery petrol consumption drops in Nigeria
Nigerians’ consumption of petrol from Dangote Refinery has decreased, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s (NMDPRA)
African Business News
African currencies forecast to decline
The African currencies of Ghana and Zambia are expected to decline against the US dollar in the coming week, while
FCCPC seals Ikeja Electric over consumer rights violation
The Federal Competition and Consumer Protection Commission (FCCPC) has taken enforcement action against Ikeja Electric, sealing its facilities due to
African Business News
Japan budget passes to fund stimulus and military boost
Japan’s lower house of parliament has approved a supplementary budget of $118 billion to fund Prime Minister Sanae Takaichi’s stimulus
African Business News
PZ Cussons Retains Africa Business Amid Growth Plans
PZ Cussons has announced its decision to retain its Africa business, citing growth in its core operations in Nigeria, Kenya,
PZ Cussons retains Africa business amid growth prospects
PZ Cussons, a leading consumer goods company, has announced its decision to retain its Africa business, citing improving economic indicators
African Business News
Philippines typhoon survivors sue Shell in UK court
A group of survivors from a devastating 2021 typhoon in the Philippines has filed a lawsuit in the UK against
African Business News
CBN Delists Non Compliant Bureau De Change Operators
The Central Bank of Nigeria (CBN) has announced that all legacy Bureau De Change (BDC) operators who failed to meet