Nigeria Secures $200m Fund For Displaced Persons
The Bank of Agriculture (BOA) has secured a $200 million Livelihood Support Fund in partnership with the International Organization for […]
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.
African Business News
Dangote Net Worth Reaches $30.2 Billion
Aliko Dangote, Africa’s richest man and President of the Dangote Group, has seen his net worth rise to $30.2 billion,
African Business News
Bodo-Bonny Road to Open by November End
The Minister of Works, Engr. David Umahi, has issued a directive for the Bodo-Bonny Road in Rivers State to be
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
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.