Naira strengthens against US dollar across markets
The Nigerian naira has experienced a significant appreciation against the US dollar in both official and parallel foreign exchange markets. […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Flutterwave reorganises risk management leadership team
Flutterwave, a prominent payments technology company, has announced a strategic reorganization of its leadership team in risk management, compliance, regulatory,
African Business News
TikTok Deal Trump China Talks
US President Donald Trump has hailed a recent phone call with Chinese counterpart Xi Jinping, citing progress on several key
Edo Tax Authorities Seal Market Square Over N27m Debt
The Edo State Internal Revenue Service has taken enforcement action against Market Square, also known as Sunday Foods, in Benin
EU sanctions Russia with 19th package targeting energy sector
The European Commission has introduced its 19th package of restrictions against Russia, which requires unanimous approval from all 27 EU
Trump and Xi discuss TikTok trade deal
US President Donald Trump and Chinese leader Xi Jinping held a phone call on Friday to discuss the future of
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
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