Nigeria Oil Terminal Set for October Launch
Nigeria is set to unveil a major development in its oil sector as President Bola Tinubu is scheduled to commission […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria Warns Against Ponzi Schemes Investing
The Nigeria Deposit Insurance Corporation (NDIC) has cautioned Nigerians against investing in Ponzi schemes and other fraudulent investment platforms, emphasizing
Naira gains against dollar after holiday
The Nigerian naira experienced a significant appreciation against the United States dollar at the official foreign exchange market following the
Seplat Energy records unprecedented growth through asset acquisition
Seplat Energy Plc has reported significant growth since its inception, driven by strategic asset acquisitions, improved efficiency, and enhanced safety
Stablecoin payments key to Africa’s fintech future
Flutterwave CEO Olugbenga Agboola recently highlighted the company’s shift towards supporting stablecoin payments at high-profile events in Riyadh, including Money
Dangote May Buy West African Filling Stations
A financial analyst, Kalu Aja, has made a prediction regarding the potential expansion plans of Aliko Dangote, Africa’s richest man.
G7 Targets Russian Oil Buyers
G7 finance ministers have pledged to increase pressure on those purchasing Russian oil, in an effort to curb Moscow’s revenue
Niger Delta Power commended for high safety standards
The House of Representatives Committee on Safety Standards and Regulations has commended the Niger Delta Power Holding Company (NDPHC) for
Nigeria tax ratio rises to 13.5 percent ahead of new law
Nigeria’s tax-to-gross domestic product ratio has increased to 13.5 per cent as of September 2025, according to President Bola Ahmed
Nigeria Russia cooperate on women empowerment and entrepreneurship
Nigeria’s First Lady, Senator Oluremi Tinubu, has reaffirmed her commitment to women’s empowerment and entrepreneurship, receiving the Russian Chapter of
Nigeria recessions total eight since 1960 independence
Nigeria has experienced eight recessions since gaining independence in 1960, according to the Centre for the Promotion of Private Enterprise.
Elon Musk reaches $500 billion net worth milestone
Elon Musk, CEO of Tesla and SpaceX, has become the first person to achieve a net worth of $500 billion,