Nigeria Oil Sector Seeks Partnerships For Sustainability
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reaffirmed its commitment to ensuring consistent fuel availability, competitive pricing, and […]
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
Vandalism disrupts power supply in Akwa Ibom communities
A significant power outage has affected the Eket and Ekim communities in Akwa Ibom State, Nigeria, after vandals dismantled a
Nigeria G24 chairmanship begins November 1 2025
Nigeria is set to assume the chairmanship of the Intergovernmental Group of Twenty-Four (G-24) on November 1, 2025, taking over
African Business News
Nigeria Power Debt Plan Finalized
The Nigerian government and power-generating companies have finalized a payment plan to settle the presidential power sector debt. According to
African Business News
Nigeria Economy Reforms IMF Predicts 4.2 Percent Growth
The International Monetary Fund (IMF) has advised the Nigerian government to intensify its efforts on structural economic reforms to boost
African Business News
Stocks rise as Fed rate cut hopes ease trade war fears
Asian markets have rallied following comments from Federal Reserve Chairman Jerome Powell, which suggested the bank may cut interest rates
African Business News
Oil prices drop amid surplus warnings and trade tensions
Global oil prices have continued to decline, following a warning from the International Energy Agency (IEA) about a potential supply
Global economy slows less than feared despite trade tensions
The International Monetary Fund (IMF) has revised its global growth projection for 2025, citing a slower-than-expected decline in economic activity.
African Business News
IMF revises global growth forecast upward to 3.2%
The International Monetary Fund (IMF) has revised its global growth forecast for 2025, citing more benign tariff shocks and financial
African Business News
Gold price surges near $4200 on US rate cut bets
Gold prices have surged to a record high, driven by expectations of further US interest rate cuts and renewed trade
African Business News
China Consumer Prices Fall Amid Trade War Concerns
China’s consumer prices continued to decline in September, with the country’s consumer price index dropping 0.3 percent year-on-year. This decline
Transcorp Hotels wins triple awards at Seven Star Luxury Awards
Transcorp Hotels Plc, a leading hospitality company in Africa, has won three prestigious awards at the Seven Star Luxury Awards.