PENGASSAN Suspends Strike Against Dangote Refinery
The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has suspended its nationwide industrial action against Dangote Refinery, […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Ukraine conflict fuels EU military startup boom and warfare tech testing
The ongoing conflict in Ukraine has sparked a significant surge in investment in European military startups, with the battlefield serving
Naira depreciation blamed on economic mismanagement
Nigeria’s economic landscape has undergone significant changes since gaining independence in 1960, with the naira experiencing a substantial depreciation against
ZF to cut 7600 jobs by 2030 in Germany amid auto crisis
Major German automotive supplier ZF Friedrichshafen announced on Wednesday that it will cut 7,600 jobs by 2030, as the crisis
Meta AI to use conversations for targeted ads on Facebook Instagram
Meta, the social media giant, has announced plans to utilize conversations with its artificial intelligence chatbot to tailor ads and
Eurozone inflation rises to 2.2 percent in September
Eurozone inflation increased to 2.2 percent in September, up from 2 percent in August, according to data released by the
US Embassy in Nigeria assures visa services continue despite shutdown
The United States Embassy in Nigeria has assured citizens that its visa and passport services will continue uninterrupted, despite the
Nigeria economy paradox despite huge potential
Nigeria’s economic story has been described as a “paradox” by Dr. Yemi Kale, Group Chief Economist and MD of Research
Dangote Refinery PENGASSAN dispute resolved
The Federal Government of Nigeria has announced the resolution of the industrial dispute between the Petroleum and Natural Gas Senior
Nigeria current account surplus rises to $5.28 billion
Nigeria’s current account surplus has increased to $5.28 billion in the second quarter of 2025, up from $2.85 billion in
Nigeria Records $5.28 Billion Current Account Surplus
Nigeria’s current account surplus has risen to $5.28 billion in the second quarter of 2025, a significant increase from $2.85
Nigeria Tax Reform Provides Relief For Low Income Workers
President Bola Tinubu has reassured Nigerians that the newly introduced tax laws will not impose additional burdens on existing taxpayers,