LPG Penetration Programme Expands to Southeast Nigeria
The Federal Government of Nigeria has announced the expansion of its Liquefied Petroleum Gas (LPG) penetration program, aiming to transition […]
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.
African Business News
US Fed cuts interest rates for third time this year
The US Federal Reserve has lowered interest rates for the third consecutive time this year, reducing them by a quarter
African Business News
Bitcoin price falls below 90000 amid AI concerns
Bitcoin’s value plummeted below $90,000 on Thursday, reigniting concerns about market stability as technology stocks were impacted by fresh worries
African Business News
Oracle shares fall on revenue miss amid AI investments
Oracle’s stock price plummeted by over 10% on Wednesday after the company’s revenue fell short of expectations, despite a significant
African Business News
Trump Wants CNN Sold in Warner Bros Discovery Deal
US President Donald Trump has expressed his desire for CNN to be sold to new owners as part of the
Naira Drops to Two Month Low Against Dollar
The Nigerian Naira has reached a two-month low against the United States Dollar, according to the Central Bank of Nigeria’s
Cocoa prices drop but chocolate remains expensive
Cocoa prices have dropped sharply in 2025 after nearly two years of soaring, but chocolate prices remain high ahead of
African Business News
AI Investment Risk Grows as Chips Become Obsolete Faster
The tech industry’s substantial investment in artificial intelligence has sparked concerns about the longevity of specialized chips. This year, the
African Business News
Venezuela oil tanker seized by US
The United States has seized a large oil tanker off the coast of Venezuela, according to President Donald Trump. The
Nigeria Tax Reform Begins with New Joint Revenue Board
The Joint Tax Board has initiated its transition process in preparation for the implementation of new tax laws, unveiling a
Inequality soars as top 0.001% control vast wealth
A recent report has shed light on the stark disparities in global wealth distribution, with a tiny elite controlling a
Fuel price reduced to N910 per liter in Nigeria
Nigerian National Petroleum Company Limited and other fuel retailers have reduced the pump price of premium motor spirit, also known