Naira drops to ₦1483 as dollar demand rises
The Nigerian naira has experienced a decline in value, dropping to ₦1,483/$ on Wednesday morning, after maintaining stability in late […]
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 India trade talks begin amid tariffs and Russian oil tensions
US and Indian trade negotiators have commenced a two-day meeting in an effort to reach a trade agreement amidst ongoing
African Business News
NNPC hits record oil production of 355000 barrels per day
NNPC E&P Limited, the flagship upstream subsidiary of NNPC Limited, has achieved a record production level of 355,000 barrels of
China inflation rises at fastest pace in almost two years
China’s consumer prices increased at their fastest pace in almost two years, according to data released on Wednesday. The country’s
African Business News
UAE Invests Heavily in AI to Diversify Economy
The United Arab Emirates is investing heavily in artificial intelligence to diversify its economy, which has long relied on oil.
African Business News
Australia social media ban targets under 16s
Australia has implemented a world-first ban on social media for individuals under the age of 16, effective as of Wednesday.
Ivory trade sparks global concern in Japan
Japan’s domestic ivory market has come under scrutiny from conservationists, who warn that it is fueling black market trade and
African Business News
South Korea protests China Russia air incursions
South Korea has lodged a formal protest with China and Russia after their warplanes entered its air defense zone, sparking
Nigeria Investment: Johnvents Group Boosts Economic Transformation
Johnvents Group has reaffirmed its commitment to deepening partnerships and investing in capacity to accelerate Nigeria’s economic transformation and boost
Naira Depreciates Further Against US Dollar Tuesday
The Nigerian naira continued to depreciate against the United States dollar on Tuesday, according to data from the Central Bank
Nigeria oil production surges to 355000bpd
The Nigerian National Petroleum Company Limited (NNPCL) has announced a significant milestone in the country’s oil production, with its subsidiary,
EU forces Meta to allow opt out of personalized ads
The European Commission has announced that Meta, the parent company of Facebook and Instagram, will be required to allow users