Bitcoin mining rebounds in China despite ban
Bitcoin mining is experiencing a resurgence in China, despite being banned four years ago. According to a Reuters report, individual […]
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
Social Media Ban For Under 16s Planned
Malaysia is planning to restrict children under 16 from creating social media accounts, citing concerns over child safety. Communications Minister
African Business News
SEC adopts T+2 settlement cycle for equities transactions
The Nigerian Securities and Exchange Commission (SEC) is set to implement a new T+2 settlement cycle for equities transactions, effective
African Business News
NNPC audit uncovers 60bn financial irregularities
The Federal Government of Nigeria has uncovered over ₦60 billion in financial irregularities within the Nigerian National Petroleum Company Limited
African Business News
Stocks rise on US interest rate cut hopes
Global stocks began the week on a positive note, driven by growing expectations of a Federal Reserve rate cut in
African Business News
Naira Exchange Rate Weaker On Black Market Today
The Nigerian naira continued to face pressure in the unofficial foreign exchange market, with the exchange rate for Monday, November
African Business News
Ukraine dominates EU Africa summit talks
European and African leaders are converging in Angola for a two-day summit aimed at strengthening economic and security ties between
Enugu Electricity Commission Warns MainPower Over Meterless Accounts
The Enugu State Electricity Regulatory Commission (EERC) has issued a warning to MainPower Electricity Distribution Limited over allegations of creating
Naira depreciation against US dollar continues strongly
The Nigerian Naira has experienced significant losses against the United States dollar in the official foreign exchange market. According to
EU launches Africa Europe culture project in Nigeria
The European Union has launched the Africa–Europe Partnerships for Culture Nigeria Cluster, a €30 million project aimed at promoting international
Fidelity Bank posts 8% earnings growth in Q3 2025 results
Fidelity Bank Plc has released its unaudited financial statements for the third quarter ended September 30, 2025, showing impressive performance
Nigeria Southwest development commissions partner for regional growth
The Development Agenda for Western Nigeria Commission, also known as DAWN Commission, and the South-West Development Commission have established a