African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
The naira appreciated against the dollar in the official and parallel foreign exchange markets to begin the week on a […]
Continue ReadingAfrica’s most populous country, Nigeria’s food inflation rate has declined for the second consecutive time to 21.14 percent in May […]
Continue ReadingNigeria’s revenue collection agency, the Federal Inland Revenue Service, FIRS, has ordered the extension of its tax office operational time […]
Continue ReadingFear has gripped petroleum product marketers and retailers as Dangote Refinery fixed August 15, 2025, to begin distribution of premium […]
Continue ReadingPorsche, the luxury German carmaker, has revealed that it has not exited the Russian market due to its inability to […]
Continue ReadingThe National Bureau of Statistics, NBS, on Monday, announced that Nigeria’s headline inflation rate has dropped to 22.97 percent. NBS […]
Continue ReadingAs the June 30 deadline for Companies Income Tax (CIT) filing approaches, the Federal Inland Revenue Service (FIRS) has opened […]
Continue ReadingThe Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has kicked against Dangote Refinery’s move to distribute its petroleum […]
Continue ReadingNigeria’s Petroleum Industry on High Alert: Dangote Refinery’s Move Sparks Monopoly Fears In a move that’s sent shockwaves through Nigeria’s […]
Continue ReadingGlobal oil prices have continued the week in gain amid tit-for-tat attacks by both Iran and Israel, as the crisis […]
Continue ReadingDangote Refinery Set to Disrupt Nigeria’s Oil Downstream Market with Nationwide Fuel Distribution In a move that promises to significantly […]
Continue ReadingThe Centre for the Promotion of Private Enterprise, CPPE, has outlined both the risks and possible benefits the escalating conflict […]
Continue ReadingDangote Refinery has announced that it has begun the distribution of premium motor spirit and automotive gas oil (diesel) directly […]
Continue ReadingNsukka Chamber of Commerce, Industry, Mines and Agriculture (NSCCIMA), has stated that the zone is advantageously placed towards the realization […]
Continue ReadingThe Nigerian government, through the Federal Ministry of Agriculture and Food Security, has opened up on reports that it organized […]
Continue ReadingThe Central Bank of Nigeria, CBN, has directed Nigerian banks under regulatory forbearance to put on hold dividend payments and […]
Continue ReadingFour Nigerian companies have propelled the Nigerian Exchange Limited (NGX) to a N486 billion single-day gain, ending the week on […]
Continue ReadingThe Independent Media and Policy Initiatives (IMPI) has stated that the recent report of $1.7 billion export earnings posted for […]
Continue ReadingAmid worldwide trade tension orchestrated by United States of America President Donald Trump, the World Bank cut its 2025 global […]
Continue ReadingThe Nigerian currency, the naira, recorded its highest depreciation against the dollar on Friday at the official foreign exchange market […]
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