Abuja Electricity Disruption to Last Over Two Weeks
The Transmission Company of Nigeria (TCN) has announced a planned power outage in parts of Abuja, the country’s capital, due […]
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.
US China agree trade deal framework ahead of Trump Xi meeting
The United States and China have reached a trade deal framework ahead of a highly anticipated meeting between President Donald
African Business News
AfCFTA boost needs African investor collaboration
The President of the Africa Chief Executive Club, Fatoumatta Gaye, has emphasized the importance of collaboration among African investors to
African Business News
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
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