Meta Scams Deadline Set By Singapore Government
Singapore has given Meta, the parent company of Facebook, a deadline of September 30 to implement measures to combat scammers […]
African Business News
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Lagos demolition starts on illegal buildings
The Lagos State Government has commenced a demolition exercise at the Trade Fair Complex in Ojo, targeting unsafe and illegal
African Business News
Russia Extends Petrol Export Ban Until 2025 Amid Ukraine Strikes
Russia has announced plans to extend its ban on petrol exports until the end of 2025, citing the need to
African Business News
Nigeria strike sparks nationwide blackout fears
Nigerians are facing a potential nationwide blackout as the National Union of Electricity Employees (NUEE) has commenced a strike action.
African Business News
France debt crisis worsens to record 3.4 trillion euros
France’s public debt has reached a record high of 3.4 trillion euros, equivalent to 115.6 percent of the country’s gross
African Business News
India buys 97 Tejas fighter jets in $7 billion deal
India has signed a $7 billion contract for the procurement of 97 domestically designed and built Tejas fighter jets, as
African Business News
Nigeria withdraws TotalEnergies Chappal divestment deal consent
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the federal government has withdrawn its ministerial consent for the
Africa Electricity Access Expands with 17 Countries Backing Reforms
Seventeen African governments have endorsed reforms and action plans to expand electricity access under Mission 300, a World Bank-led initiative
Russia proposes 5% tax on gambling stakes and higher VAT
The Russian Finance Ministry has unveiled a draft budget plan that introduces a new gambling tax and increases the standard
African Business News
Otedola Increases Stake In First HoldCo With ₦1.21bn Shares Purchase
Olufemi Otedola, Chairman of First HoldCo Plc, has increased his stake in the company by purchasing 39,313,379 units valued at
African Business News
Naira handling costs rise due to abuse
The Central Bank of Nigeria has launched a campaign to encourage responsible handling of the naira, warning that poor treatment
African Business News
Nigeria Oil Theft Report Refuted by NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disputed a report alleging oil theft worth N8.41 trillion. According to the