Trump Loses Bid To Fire Federal Reserve Governor Lisa Cook
A US appeals court has declined to grant Donald Trump’s request to remove Federal Reserve Governor Lisa Cook, citing due […]
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.
African Business News
Delta Aeromexico Joint Venture Ended by US
The Trump administration has ordered Delta Air Lines and Aeromexico to dissolve their joint venture by January 1. The joint
African Business News
Australia Social Media Ban Exempts Age Verification
Australia has announced that it will not require social media platforms to verify the age of all users as part
African Business News
Nvidia China antitrust breach allegations denied
Nvidia, a leading US chip manufacturer, has stated that it complies with all laws after a Chinese investigation found the
Nigeria fuel queues ended by Dangote Refinery
Aliko Dangote, President and Chief Executive of Dangote Petroleum Refinery, has announced that Nigeria’s long-standing issue with fuel queues has
Nigeria suspends 4% FOB import charge amid outrage
The Nigerian government has suspended the collection of a 4 percent Free on Board (FOB) import charge, which was imposed
Naira gains significantly against dollar below N1500
The Nigerian Naira has appreciated significantly against the United States dollar, reaching a notable milestone at the official foreign exchange
Nigeria Inflation Rate Drops
Nigeria’s inflation rate has dipped to 21.12 percent in August 2025, marking the fifth consecutive month of decline. According to
Elon Musk Buys $1 Billion Tesla Shares
Tesla’s share price surged six percent on Monday after CEO Elon Musk purchased approximately $1 billion worth of shares in
Dangote Rolls Out 4000 CNG Trucks Amid Monopoly Claims
The President of Dangote Group, Aliko Dangote, has dismissed claims of monopoly in the petroleum downstream sector. At a press
Nigeria Inflation Rate Drops To 20.12%
Nigeria’s inflation rate has decreased to 20.12% in August 2025, a 1.76% drop from the 21.88% recorded in July 2025,
Nigeria inflation drops to 21.12 percent amid falling food prices
Nigeria’s inflation rate has declined for the fifth consecutive month, reaching 21.12 percent in August. This decrease is attributed to