Nigeria backs 15% fuel import tariff to boost local production
The Nigeria Employers’ Consultative Association (NECA) has expressed support for the proposed 15% fuel import tariff, citing its potential to […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Africa Digital Economy Gets Boost with Payment Superhighway
At the inaugural CNN Global Perspectives summit, Flutterwave Founder and CEO Olugbenga Agboola outlined his vision for Africa’s digital economy,
China exports fall 1.1 percent in October amid trade tensions
China’s exports experienced a decline in October, marking the first decrease in eight months, according to official data released on
Elon Musk trillion dollar pay package approved
Tesla shareholders have voted overwhelmingly in favor of a massive pay package for CEO Elon Musk, which could potentially reach
Abuja Electricity Company sacks over 800 employees nationwide
The Abuja Electricity Distribution Company (AEDC) has undertaken a significant restructuring effort, resulting in the termination of over 800 employees.
African Business News
Nigerian Stock Market Loses N348 Billion
The Nigerian stock market experienced its fourth consecutive day of decline on Thursday, with 39 listed firms contributing to the
Ukraine war boosts Rheinmetall revenue by 20%
Rheinmetall, a German arms manufacturer, has reported a significant increase in revenue and operating profit for the first nine months
Naira gains against dollar as external reserves rise
The Nigerian Naira has strengthened against the United States dollar for the second time this week, according to recent data
Nigeria Forex Broker Selection Criteria
Choosing the right forex broker is a critical decision for traders, particularly in Nigeria’s competitive market. With numerous brokers operating
Emirates airline profits soar to $2.9 billion despite regional turmoil
Emirates Group, the parent company of the Middle East’s largest airline, has announced a significant increase in half-year profits, despite
JPMorgan fined 45m euros for money laundering failures
Germany’s financial regulator, BaFin, has imposed a record fine of 45 million euros ($51.8 million) on JPMorgan Chase for failing
Nigeria Youths Urged Into Agribusiness Amid Food Insecurity
The National Youth Service Corps (NYSC) is urging active Nigerian youths to engage in agribusiness as a means to address