Fed cuts interest rates amid job market slowdown
The US Federal Reserve has lowered interest rates for the first time this year, citing slower job gains and risks […]
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
Paris museum theft gold worth 600000 euros stolen
A recent break-in at the National Natural History Museum in Paris has resulted in the theft of gold samples valued
African Business News
India EU ties hindered by Russian oil purchases
The European Union’s top diplomat, Kaja Kallas, has stated that India’s participation in military exercises with Russia and its purchases
Dangote Refinery dispute Nigerians warned
Nigerian Senator Ali Ndume has cautioned the Union of Petroleum and Natural Gas Workers (NUPENG) and the Depot Petroleum Product
Nigeria Oil Investment Surges with $18 Billion Projects
Nigeria is gaining prominence as a prime destination for upstream oil and gas investments globally, according to Engr Gbenga Komolafe,
GSK to invest $30 billion in US pharmaceuticals
British pharmaceutical company GSK has announced plans to invest $30 billion in the United States over the next five years.
African Business News
Nigeria Agric Reforms Boost Investment
The Federal Government of Nigeria has introduced new incentives to boost agricultural investment as part of President Bola Tinubu’s Renewed
Dangote Refinery Beats NNPCL In Fuel Production Capacity
Aliko Dangote, the prominent Nigerian business magnate, has stated that the Nigerian National Petroleum Company Limited (NNPCL) refineries are only
African Business News
Nigeria Oil Reforms Deliver $18bn Investments
Nigeria’s oil and gas sector has witnessed significant growth, with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) reporting 28 Field
African Business News
Trump tariffs hit Japan exports to US hard
Japan’s exports to the United States declined sharply in August, with a 13.8 percent year-on-year drop in the value of
African Business News
US Fed poised for interest rate cut amid political pressure
The US Federal Reserve is expected to announce its first interest rate cut of 2025 on Wednesday. This decision comes
Fire hits UBA branch building in Lagos Island
A fire broke out in a building on Broad Street, Lagos Island, on Tuesday, prompting the evacuation of occupants and