Nigeria Senate Demands Explanation From Central Bank Over N1.44 Trillion Surplus
The Nigerian Senate has demanded a detailed explanation from the Central Bank of Nigeria (CBN) regarding the alleged non-remittance of […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nestoil Court Proceedings Stalled Over Lawyer Dispute
A dispute over authorized legal representation for Nestoil Limited and Neconde Energy Limited has stalled proceedings in an appeal filed
LCCI elects Leye Kupoluyi 44th President
The Lagos Chamber of Commerce and Industry has elected Leye Kupoluyi as its 44th President and Chairman of Council, following
Petrol price reduced to N920 per liter by NNPCL
Nigerian Petroleum Company Limited has reduced the pump price of premium motor spirit for the second time in less than
Dangote Invests in Africa Economic Growth
African entrepreneurs have been urged to prioritize investing in the continent, according to Aliko Dangote, President and Chief Executive of
EU proposes super regulator for unified financial markets
The European Commission has unveiled plans to establish a “super-regulator” to oversee the region’s financial markets, aiming to increase autonomy
Vice President Shettima attends Imo Economic Summit
Vice President Kashim Shettima has arrived in Owerri, the capital of Imo State, to attend the 2025 Imo Economic Summit.
Naira Steady Against Dollar Next Week
The Nigerian naira is expected to remain stable against the US dollar in the coming week, according to trading sources
Meta faces EU antitrust probe over WhatsApp AI features
The European Union has launched an antitrust investigation into Meta’s integration of artificial intelligence features in WhatsApp, citing concerns over
Vodacom buys Safaricom stake in $2.1 billion deal
Vodacom, South Africa’s largest mobile operator, has announced a deal to acquire a controlling stake in Safaricom, East Africa’s largest
Vodacom buys 20% of Safaricom for $2.1 billion
Vodacom, South Africa’s largest mobile operator, has reached a deal to acquire a controlling stake in Safaricom, East Africa’s biggest
Putin visits India to deepen defence ties amid US pressure
President Vladimir Putin is set to arrive in India on Thursday for a two-day visit, aiming to strengthen defense ties