Rice price drops 35 percent in Lagos markets
Rice prices have plummeted in major markets in Lagos State, Nigeria, with traders expressing concern over the sudden drop. According […]
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.
Germany economy stagnates amid falling investment
Germany’s economic decline has become a pressing concern, with the country’s GDP stagnating for years due to falling private investment
Afreximbank gets new president in historic leadership handover
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has presided over the investiture of Dr. George
African Business News
Bitcoin Surges to $115K as Crypto Market Gains
The cryptocurrency market experienced a significant surge on Monday, with Bitcoin increasing by over 2% in the past 24 hours
African Business News
Madoff Fraud Costs HSBC $1.1 Billion Charge
HSBC Sets Aside $1.1 Billion for Madoff-Related Charge HSBC has announced a financial charge of $1.1 billion linked to the
African Business News
Nigeria Capital Gains Tax reforms not frustrating investors
Nigerian Presidential Committee Chairman Addresses Investor Frustration Claims Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax
African Business News
ECB interest rates steady amid eurozone growth
The European Central Bank (ECB) is expected to maintain its current interest rates at its upcoming meeting, marking the third
Dangote refinery expansion to 1.4 million barrels daily
Billionaire entrepreneur Femi Otedola has commended the plans of Aliko Dangote, President of Dangote Industries Limited, to expand the capacity
African Business News
Dangote Refinery rules out buying government refineries
Aliko Dangote, President of Dangote Refinery, has dismissed the possibility of acquiring the Port Harcourt and other government-owned refineries in
Xiaomi Black Friday Deals Nigeria
Xiaomi Nigeria has launched its Black Friday promotion, offering significant discounts, exclusive gifts, and a chance to win a trip
Dangote Refinery Expansion Guarantees Petrol Supply
Aliko Dangote, President of Dangote Industries Limited, has assured Nigerians of a stable supply of Premium Motor Spirit (PMS) during
African Business News
Nigeria Removed From FATF Grey List Boosts Investor Confidence
The Securities and Exchange Commission (SEC) has welcomed Nigeria’s removal from the Financial Action Task Force (FATF) grey list, citing