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 […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
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,
PENGASSAN vows to protect oil workers rights after Dangote Refinery layoffs
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has reaffirmed its commitment to protecting the rights of
Nigeria leads call for African energy independence
Nigeria’s Renaissance Africa Energy Company Limited has called on African nations to take full ownership of the continent’s hydrocarbon resources,
Samsung and SK Hynix surge on OpenAI deal
South Korean tech giants Samsung Electronics and SK Hynix have reached their highest stock prices in a year after announcing
Nigeria Leather Industry Seeks To Reclaim Heritage
Nigeria’s leather industry is predominantly export-oriented, with nearly 90% of its hides being shipped abroad, mainly to Italy and Spain.
Elon Musk Nears Trillionaire Status With $500 Billion Net Worth
Elon Musk, the world’s richest person, has reached a significant milestone in his wealth accumulation, with his net worth briefly
Scammers using deepfakes target seniors on Facebook Instagram
A watchdog group has identified 63 scam advertisers on Meta’s platforms, including Facebook and Instagram, who have collectively spent $49