France credit rating outlook downgraded to negative by Moody’s
France’s credit outlook has been revised to ‘negative’ by Moody’s, a leading credit ratings agency, due to the country’s political […]
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
Dangote Refinery petrol abandoned for cheaper imports
Nigerian petroleum product marketers have announced plans to abandon Dangote Refinery’s petrol in favor of cheaper imported fuel. According to
African Business News
Nigeria exits global financial watch list after reforms
Nigeria has officially been removed from the list of jurisdictions under increased monitoring, also known as the grey list, by
US sanctions on Russian oil fail to woo India, backfire with economic consequences
The United States’ efforts to persuade India to stop buying Russian oil have been unsuccessful, prompting Washington to resort to
African Business News
Naira gains against US dollar for fifth day straight
The Nigerian naira has recorded its fifth consecutive appreciation against the United States dollar at the official foreign exchange market,
Nigeria Removed From FATF Grey List
Nigeria’s Removal from FATF Grey List Hailed by President Tinubu Nigeria has been removed from the Financial Action Task Force
African Business News
Petrol price drops below Dangote Refinery rate
The landing cost of imported petrol in Nigeria has decreased to N839.97 per litre as of October 21, 2025, according
Inflation rises 3 percent in US amid rate cut hopes
US consumer inflation rose to 3.0 percent in September, a slight increase from the 2.9 percent recorded in August, according
African Business News
Nigeria Targets 4000mw Renewable Energy Manufacturing Capacity
The Nigerian government has unveiled plans to establish a 4,000-megawatt renewable energy manufacturing capacity across several states in the country.
Oil prices surge over 5% after US sanctions Russian oil majors
Oil prices have surged following the US announcement of sanctions on Russian oil majors Rosneft and Lukoil. Global benchmark Brent
Trump cancels Canada trade talks over tariff ad campaign
US President Donald Trump announced on Thursday that he is terminating all trade negotiations with Canada. This decision comes after
African Business News
Canada reduces GM Stellantis tariff free car imports
Canada has reduced tariff-free import quotas for car manufacturers Stellantis and General Motors (GM) in response to their decision to