Exxon signs oil gas deal with Gabon government
Exxon Mobil has signed a memorandum of understanding with the government of Gabon to explore for oil and gas off […]
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
Naira strengthens against US dollar for third day straight
The Nigerian Naira has recorded its third consecutive day of appreciation against the United States dollar, according to data from
African Business News
Russia Sanctions Hurt Ukraine Peace Efforts
Russia has expressed concerns that new US sanctions targeting its oil industry may hinder diplomatic efforts to resolve the Ukraine
African Business News
Nigeria crude oil purchase can weaken Russia war funding
A Nigerian financial adviser, Kalu Aja, has suggested that Western nations consider purchasing crude oil from Nigeria as a strategic
Nigeria Seeks OPEC Oil Quota Increase to 2 Million Barrels
Nigeria to Push for Increased Oil Quota at OPEC Meeting The Federal Government of Nigeria has announced plans to advocate
African Business News
Media Talk Africa Findings on the South East Seaport
Starting with Location In our preliminary research, we chose to begin with location as the foundational factor in assessing the
African Business News
Gold prices drop as rally ends and Asian markets fall
Gold and silver prices plummeted for the second consecutive day on Wednesday, marking a significant halt to the recent rally
Nigeria Stocks Hit Record High
The Nigerian equities market experienced a significant surge on Tuesday, with the market capitalisation reaching a historic high of 96.134
African Business News
NNPC Revenue Hits ₦4.26 Trillion In August
The Nigerian National Petroleum Company Limited (NNPC) has reported a significant revenue of ₦4.26 trillion for the month of August,
African Business News
Naira strengthens against US dollar
The Nigerian naira has continued to strengthen against the United States dollar, with the latest official foreign exchange market data
African Business News
Heineken beer sales to decline in 2025 amid macroeconomic challenges
Heineken, the Dutch brewer, has issued a warning that its beer sales are expected to decline in 2025, citing worsening
African Business News
Melania Trump crypto architects face fraud allegations
Melania Trump’s cryptocurrency, $MELANIA, has become embroiled in a lawsuit alleging that its designers intentionally orchestrated a scheme to inflate