Turkey cuts key interest rate to 40.5 percent
Turkey’s central bank has lowered its main interest rate by 2.5 percentage points to 40.5 percent, exceeding expectations. This move […]
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
Oracle shares surge toward trillion dollar mark
Oracle’s shares have surged, adding to the company’s record-breaking performance in the previous session and driving gains across the tech
Stocks rise ahead of US inflation data ECB rate decision
Global stock markets experienced a surge on Thursday, driven by anticipation of the upcoming US inflation data and the European
African Business News
Taiwan budget $18 billion for defense and tariffs
Taiwan’s government has unveiled plans to allocate $18 billion to enhance the island’s resilience, particularly in the face of US
African Business News
Oil supply hits record high in August amid looming surplus
The International Energy Agency (IEA) has reported that global oil supply reached a record high in August, driven by increased
Mexico Raises Tariffs on China Autos to 50Percent
Mexico has announced plans to increase tariffs on automobiles from China and other Asian countries to 50%, as part of
African Business News
Nigeria Technical Education Curriculum Revised
The Federal Government of Nigeria has released a comprehensive list of 26 trade areas that have been approved under its
Nigerian Stock Market gains N360 billion in single day
The Nigerian Stock Exchange (NSE) recorded a significant single-day gain of N360 billion on Wednesday, driven by increased buying interest
Stocks rise on US rate cut hopes
Global Equities Rise on Expectations of Interest Rate Cuts Asian and European markets experienced a surge on Thursday, with investors
African Business News
ECB Meeting Overshadowed by France’s Political Crisis
The European Central Bank (ECB) is set to convene on Thursday, with France’s deepening political crisis likely to dominate discussions.
Nigeria Fuel Subsidy Savings Inadequate for Development
Nigeria’s fuel subsidy savings are insufficient to meet the country’s development needs, according to Taiwo Oyedele, Chairman of the Presidential
African Business News
Alaska LNG pipeline deal signed by JERA
Japan’s top power generation company, JERA, has signed an initial agreement to purchase liquified natural gas from a major pipeline