Shoprite Nigeria Continues Operation Amid Reset
Shoprite Nigeria has reassured its customers that it is not shutting down operations in the country. The retailer, which operates […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Pension loan initiative launched for Nigerian retirees
The Nigerian government has introduced a pension-backed loan initiative through the Nigerian Consumer Credit Corporation, CREDICORP, to support and empower
Nigeria oil reforms boost investor confidence
The West Africa Oil and Gas Reporters Network has noted that reforms in Nigeria’s oil and gas sector have led
Dangote Refinery Suspends Petrol Sales Temporarily
The Dangote Refinery has halted all self-collection gantry sales of premium motor spirit, effective September 18th, 2025. This decision was
Asian markets fall after US rate cut
Asian markets ended the week on a mixed note, with most major indexes falling on Friday, following a strong week
Xiaomi recalls 110,000 electric cars over safety flaw
Xiaomi is set to remotely fix a flaw in the assisted driving system of over 110,000 of its SU7 electric
Edo tax defaulters Dangote NPDC to be sealed
The Edo State Government has announced plans to seal the offices of several organizations, including federal government parastatals and private
African Business News
Rivers State Leaders Urged to Restrain Supporters Amid Crisis
The Rivers State Entrepreneur and Investors Forum has urged political leaders in the state to restrain their supporters from making
Naira depreciation continues against US dollar
The Nigerian Naira has experienced its second consecutive decline against the US dollar at the official foreign exchange market. According
Nvidia Intel deal boosts stocks after Fed rate cut
Global stock markets experienced a surge on Thursday, driven by a significant investment announcement and a decision by the US
Russia Economy Slows But Not in Recession
Russia’s central bank governor, Elvira Nabiullina, has stated that the country is not experiencing a recession, despite a slowdown in
African Business News
IMF proposes US Treasury official as second in command
The International Monetary Fund (IMF) has proposed the appointment of Dan Katz, the US Treasury Department’s chief of staff, as