African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
The service, industry, and agriculture subsectors propelled Nigeria’s economy’s expansion to N372.8 trillion in 2024 ($145.3 billion) at the present […]
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The Nigerian naira resumed its downward trajectory against the U.S. dollar this week, weakening in both official and unofficial foreign […]
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U.S. Treasury Secretary Scott Bessent has amplified calls for a sweeping review of the Federal Reserve, arguing the central bank’s […]
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The National Bureau of Statistics, NBS, has announced that Nigeria’s Gross Domestic Product, GDP, stood at N372.8 trillion in 2024. […]
Continue Reading\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\n The Minister of Foreign Affairs, Ambassador Yusuf Tuggar, has reaffirmed Nigeria’s commitment to strengthening diplomatic and economic relations with […]
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Nigeria has announced a significant recalibration of its economic size, with the national statistics office revising the country’s Gross Domestic […]
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China’s economy expanded by 5.3% year-on-year in the first half of 2024, according to official data released by the National […]
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Mixed reactions have trailed the recent order by the Enugu Electricity Regulatory Commission for Main Power to reduce its electricity […]
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The Natural Oil & Gas Suppliers Association of Nigeria (NOGASA) has kicked against the recent plan by Dangote Refinery to […]
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The Court of Appeal has slammed a ₦5 million damages award against telecommunication giant, MTN Nigeria for exploiting a subscriber, […]
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The European Union’s decision to sanction two Chinese banks and multiple companies for allegedly aiding Russia in evading Ukraine-related sanctions […]
Continue ReadingThe Enugu Electricity Regulatory Commission, EERC, has given a new tariff order to MainPower Electricity Distribution Ltd, to review electricity […]
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Nigeria’s food price crisis is far from being over, as farmers have continued to lament the rise in fertiliser prices […]
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The three tiers of the Nigerian government shared the highest revenue in 2025 from the Federation Account and Allocation Committee. […]
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Nigeria’s presidency has announced the successful harmonization of the naira’s exchange rates across official and parallel foreign exchange markets, marking […]
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The naira bounced back to appreciate against the dollar across official and parallel foreign exchange markets to end the week […]
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Russia’s central bank is seeing early signs of success in its prolonged battle against inflation, with monthly price growth slowing […]
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First City Monument Bank (FCMB) and TotalEnergies Staff Housing Cooperative Multipurpose Society Ltd (TEHC) have partnered to finance and deliver […]
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Dangote Refinery has dumped petroleum products marketers as its direct fuel and diesel distribution nationwide scheme draws closer. This comes […]
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The naira continued to depreciate against the dollar at the official foreign exchange market on Thursday. This is the case […]
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