African Business News

L’Oreal buys Kering beauty division for $4.6 billion

Ifunanya / October 20, 2025

French luxury group Kering has announced the sale of its beauty products business to cosmetics giant L’Oreal in a deal […]

Ifunanya / October 19, 2025

Nigeria’s inflation rate has decreased for the sixth consecutive month, reaching 18.02 percent in September, its lowest level in over

Ifunanya / October 19, 2025

Residents of Abuja are facing difficulties due to the persistent shortage of Liquefied Petroleum Gas, also known as cooking gas,

Ifunanya / October 18, 2025

Ukraine’s request for a new loan package from the International Monetary Fund (IMF) is reportedly facing hurdles due to a

Ifunanya / October 18, 2025

Dangote Refinery has attributed recent reductions in crude oil inflows to a strategic response to elevated global prices, rather than

Ifunanya / October 18, 2025

China and the United States have agreed to conduct another round of trade negotiations in the coming week, in an

Ifunanya / October 18, 2025

The Nigerian naira has depreciated against the United States dollar at the official foreign exchange market, ending the week on

Ifunanya / October 18, 2025

The Dangote Petroleum Refinery has faced 22 incidents of sabotage since its inception, according to Devakumar Edwin, Vice President of

Ifunanya / October 17, 2025

The Federal Government, states, and local government councils in Nigeria have shared a total of N2.103 trillion as Federation Account

Ifunanya / October 17, 2025

Global stocks experienced a decline on Friday, despite easing concerns over bank loans and the US-China trade war. US President

Ifunanya / October 17, 2025

US stock markets experienced a rebound on Friday as concerns regarding bank loans and the escalation of the US-China trade

Ifunanya / October 17, 2025

US President Donald Trump has refiled a $15 billion defamation lawsuit against The New York Times, according to court documents.