African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria’s Guaranty Trust Holding Company Completes London Listing Transition In a strategic shift aimed at simplifying its capital structure and […]
Continue ReadingCentral Bank of Nigeria Dispels Political Motives Behind Staff Redeployment The Central Bank of Nigeria (CBN) has firmly refuted suggestions […]
Continue ReadingNigeria’s Energy Future: Balancing Growth, Security, and the Low-Carbon Transition In a significant call to action, the Society of Petroleum […]
Continue ReadingNigeria Unveils Ambitious State-By-State Housing Campaign In a significant move to address the housing deficit, Nigeria’s Minister of Housing and […]
Continue Readingchina’s factory output contracts again, raising concerns about cooling demand Official data released on Thursday showed that China’s manufacturing sector […]
Continue ReadingNigeria’s Naira Rebounds at Official Markets, Slides at Black Market The Nigerian naira staged a comeback at the official foreign […]
Continue ReadingFCMB Group Reports Strong First-Half Performance in 2025 FCMB Group Plc, a leading financial services provider, has announced robust unaudited […]
Continue ReadingPetrol, Diesel Prices Surge in Nigeria, NBS Reports The Nigerian economy is grappling with a significant increase in the retail […]
Continue ReadingHeadline: Northern Nigeria Leaders Applaud President Tinubu’s Infrastructure Progress In a resounding vote of confidence, prominent leaders from Northern Nigeria […]
Continue ReadingThe Bank of Japan (BoJ) held its benchmark interest rate at 0.5% during its latest policy meeting, aligning with market […]
Continue ReadingWith a looming August 1 deadline for sweeping tariff adjustments, the United States unveiled a patchwork of trade measures targeting […]
Continue ReadingThe United States and South Korea have finalized a trade agreement featuring a 15% tariff on Korean imports, alongside substantial […]
Continue ReadingThe Nigerian National Petroleum Company Limited (NNPCL) has completed the drilling of four new oil wells in the Kolmani region […]
Continue ReadingNigeria’s extractive industries watchdog has unveiled a three-part strategy aimed at balancing economic shifts toward renewable energy with equity for […]
Continue ReadingNigeria’s 19 Northern states have reduced their collective debt by 42% over the past year, according to the country’s Minister […]
Continue ReadingThe Nigerian government is poised to generate an estimated N796 billion ($626 million) annually from a newly introduced 5% surcharge […]
Continue ReadingSoaring gold purchases in Iran during heightened regional tensions have defied global trends, according to a Thursday report from the […]
Continue ReadingThe Nigerian naira weakened against the US dollar in the official foreign exchange market on Wednesday, marking its first depreciation […]
Continue ReadingA growing trend of central banks in sub-Saharan Africa bolstering gold reserves could backfire if the precious metal’s value declines, […]
Continue ReadingNigeria’s stock market extended its recent surge on Wednesday, fueled by gains across 39 listed companies that propelled the exchange […]
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