Naira Recruperates Against Dollar at Official Market
The Nigerian naira has rebounded against the US dollar at the official foreign exchange market, following two consecutive days of […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
EU considers sanctions on states helping Russia bypass restrictions
The European Union is considering punitive measures against countries it believes are assisting Russia in circumventing Western sanctions, according to
African Business News
Nigeria Brazil flights to begin November
Air Peace, Nigeria’s largest carrier, is set to launch direct flights between Lagos and São Paulo, Brazil, in November, following
Trump politicizing Federal Reserve with Lisa Cook removal
Former Federal Reserve Chair Janet Yellen has expressed concern over US President Donald Trump’s decision to remove Federal Reserve Governor
Nigeria China Partnership Strengthens Socio Economic Ties
Nigeria Reaffirms Commitment to One-China Principle in Socio-Economic Development The Nigerian government has reiterated its support for the One-China principle,
Power outage hits Anambra and Enugu due to explosion
The Enugu Electricity Distribution Company PLC (EEDC) has announced a power outage affecting Anambra State and Oji River in Enugu
African Business News
Nigeria PoS terminals to be geo-tagged within 60 days
The Central Bank of Nigeria has issued a directive requiring all Point of Sale terminals in the country to be
Energy Efficiency Crucial for Nigerian Manufacturers
The Director General of the Energy Commission of Nigeria, Dr. Mustapha Abdullahi, has emphasized the importance of accurate and transparent
Nigerian Stock Market Gains N203 Billion Sustaining Bullish Trend
The Nigerian stock market continued its upward trend on Tuesday, with a significant gain of N203 billion. The market capitalization
ExxonMobil considers Russia return after Putin approval
ExxonMobil is considering a return to Russia, following a meeting between Russian President Vladimir Putin and US President Donald Trump
African Business News
China Africa trade surges 25 percent to 122 billion
China’s exports to Africa have surged by 25% year-on-year, reaching $122 billion in 2025, driven by growing demand for Chinese
African Business News
Brent crude price to drop to $50s by 2026 Goldman Sachs
Goldman Sachs has forecast a decline in the price of Brent crude futures contracts to the low $50s a barrel