African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Dangote Announces Share Offering for Nigerians in $20B Refinery Launch Aliko Dangote, President of the Dangote Group, has revealed plans […]
Continue ReadingThe Lagos State Government is set to enforce a new digital truck management system along the busy Lekki-Epe Corridor starting […]
Continue ReadingNigeria’s Federal Government has recognized the Dangote Petroleum Refinery for its groundbreaking engineering feats and transformative investments in nurturing local […]
Continue ReadingThe International Monetary Fund (IMF) has raised its economic growth projections for Nigeria, signaling cautious optimism for the West African […]
Continue ReadingAdidas has revealed significant financial pressures stemming from U.S. tariffs, though the company stopped short of confirming whether consumers will […]
Continue ReadingItaly has launched an antitrust investigation into Meta, alleging the tech giant may have violated European Union competition rules by […]
Continue ReadingDangote Petroleum Refinery and Petrochemicals has formally withdrawn a high-profile lawsuit against Nigeria’s energy regulators and several petroleum marketers, marking […]
Continue ReadingFrance’s economy accelerated in the second quarter of 2024, registering stronger-than-expected growth amid global trade tensions and shifting consumer behavior, […]
Continue ReadingIn a move to strengthen fiscal responsibility, Niger State’s legislative body has approved stringent measures against local government councils found […]
Continue ReadingDangote Petroleum Refinery has abruptly withdrawn its high-profile lawsuit against Nigeria’s state-owned oil regulator, national energy company, and several independent […]
Continue ReadingNigeria’s Debt Management Office (DMO) reported robust investor interest in its latest federal bond auction, with approximately ₦186 billion ($119 […]
Continue ReadingWestern sanctions targeting Russia over its actions in Ukraine have largely failed to achieve their intended impact, with many restrictions […]
Continue ReadingThe Nigerian naira extended its gains against the US dollar for a second straight day in official trading on Tuesday, […]
Continue ReadingNigeria’s persistent electricity shortages risk derailing the country’s economic progress unless immediate, systemic reforms are implemented, according to Bismarck Rewane, […]
Continue ReadingNigeria’s Corporate Affairs Commission (CAC) has announced plans to remove approximately 100,000 companies from its official register for failing to […]
Continue ReadingSamsung Electronics faced a turbulent day on South Korean stock markets Tuesday, with shares initially slipping over 2% before stabilizing […]
Continue ReadingGlobal stock markets retreated Tuesday as optimism over recent U.S. trade agreements with the European Union and Japan gave way […]
Continue ReadingRussia has enacted a comprehensive ban on gasoline exports, expanding restrictions to include all petroleum producers in an effort to […]
Continue ReadingOil prices climbed moderately on Monday as markets responded to eased trade tensions between the United States and the European […]
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