Fraud losses hit $10 billion in Southeast Asia scams
The United States has suffered significant financial losses due to fraudulent online activities originating from Southeast Asia, with estimates suggesting […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria School Fees Increase Due To Economy
Dr. Gladys Ajaero, proprietor of Triumph and Peak International Academy in Enugu, has expressed concerns about the current economic hardship
China Condemns Trade Wars at BRICS Summit
Chinese President Xi Jinping has condemned the rise of protectionism and unilateralism, warning that trade wars and tariff wars are
African Business News
Nigeria fuel crisis deepens as meeting ends in deadlock
A high-stakes meeting between the Nigerian Federal Government, Nigeria Petroleum and Natural Gas Workers (NUPENG), Dangote Group, and other key
Nigeria fuel tax sparks union backlash against government plan
The Trade Union Congress of Nigeria (TUC) has vehemently rejected the Federal Government’s proposal to impose a five percent tax
Russia UAE Agree Major Economic Deal
Russia and the United Arab Emirates (UAE) have signed a significant economic agreement aimed at boosting bilateral trade and investment.
NUPENG Meeting With FG To Resolve Industrial Dispute
The Federal Government of Nigeria has initiated a closed-door meeting with the Nigeria Union of Petroleum and Natural Gas Workers
SpaceX buys $17 billion EchoStar spectrum licenses
SpaceX Acquires $17 Billion Worth of Spectrum Licenses from EchoStar In a strategic move to bolster its Starlink network operations,
Nigeria budget threatened as oil price drops below target
Nigeria’s 2025 budget is facing a potential threat as the country’s crude oil blend, Bonny Light, is currently selling below
EU faces major gas shortage amid low storage levels
The European Union is at risk of facing a significant gas shortage if the region experiences a cold winter, according
Stock markets rise amid France Japan turmoil
Global stock markets experienced a rise on Monday, driven by political developments in France and Japan, alongside mixed economic data.
Germany exports to US drop to lowest level since 2021
German exports to the United States have reached their lowest level since 2021, according to data released by the federal