African Business News

The Central Bank of Nigeria (CBN) has issued a directive requiring Deposit Money Banks and other financial institutions to refund […]

Senegal has criticized Moody’s downgrade of its credit rating, describing it as “subjective and biased.” The West African nation is

The Nigerian Railway Corporation (NRC) has arrested two suspected vandals in connection with the recent destruction of its electrical and

President Donald Trump has announced plans to impose an additional 100% tariff on goods from China, effective November 1 or

Nigeria’s domestic debt service reached a total of ₦1.707 trillion in the second quarter of 2025, according to the Debt

Human rights lawyer Femi Falana has announced plans to convene a team of lawyers to take legal action against oil

Fitch Ratings has affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating at ‘B’, with a stable outlook, citing the country’s large

The United States has threatened to impose sanctions and take other punitive measures against countries that support a proposed carbon

The Ogun State Internal Revenue Service has launched a statewide enforcement exercise to improve tax compliance among residents and boost

The Nigerian government has clarified that it has not discontinued the practice of allowing revenue-generating agencies to deduct the cost

Dangote Refinery has refuted claims that it imported refined premium motor spirit (PMS) with high sulphur content, describing the reports