Naira Appreciates in Official Market Against US Dollar
The Nigerian Naira strengthened against the US dollar in the official foreign exchange market on Thursday, recovering a day after […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria’s Consumer Watchdog Tightens Product Safety Standards
Nigeria’s consumer protection agency has issued a stern warning to businesses, declaring that substandard and unsafe products will no longer
Dangote Cuts Petrol Price to N1,200 on Middle East Tensions
Dangote Petroleum Refinery & Petrochemicals has lowered its ex-depot pricing for petrol, reducing the gantry price to N1,200 per litre
Nigeria Stresses States to Secure $500m World Bank HOPE Loan
The Nigerian government is accelerating efforts to secure participation from all 36 states in a $500 million World Bank-assisted loan
Flutterwave CEO Nigeria UK State Visit Financial Gateway
Flutterwave’s Chief Executive Officer, Olugbenga “GB” Agboola, joined President Bola Ahmed Tinubu in London as part of a historic Nigerian
Tinubu Power Reforms Attract $2bn, Cut Liabilities
Reforms in Nigeria’s power sector under President Bola Tinubu’s administration are yielding tangible outcomes, attracting $2 billion in new investment
Oil $100 Dampens Global Growth, Boosts Inflation: EBRD
Oil Price Surge Threatens Global Growth, EBRD Warns Sustained oil prices above $100 per barrel could significantly dampen global economic
African Business News
OECD Cuts 2026 Eurozone Growth Forecast Over Mideast War
The Organisation for Economic Co-operation and Development (OECD) has sharply lowered its growth forecast for the eurozone for 2026, citing
African Business News
AGF Fagbemi Faults Atiku on OPL 245 Dispute Resolution
Nigeria’s Attorney General and Minister of Justice, Lateef Fagbemi, has rejected assertions by former Vice President Atiku Abubakar that the
EU Investigates Snapchat for Child Protection Under DSA
The European Union has opened a formal investigation into Snapchat to assess whether the platform violates the bloc’s Digital Services
Naira Falls in Official, Black Markets on CBN Policies
The naira weakened against the U.S. dollar in both official and parallel foreign exchange markets on Wednesday, shortly after the
African Business News
EU Accuses Porn Platforms of Child Access to Adult Content
The European Union has taken simultaneous regulatory action against major online platforms over child protection failings, accusing four adult content