Nigeria Fuel Nears ₦1,000/Litre as Marketers, Retailers Trade Blame
Nigerian consumers are grappling with a sharp rise in fuel costs as pump prices for petrol, locally called Premium Motor […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
SAPZ Programme Fuels Nigeria’s Agro-Industrial Revolution, Economic Growth
Nigeria’s federal government has launched a major agricultural transformation program aimed at boosting industrial growth, creating jobs, and strengthening its
Trump Fires Labor Chief in Jobs Data Row, Draws Criticism
US President Donald Trump announced plans to appoint an “exceptional replacement” for the ousted head of the Bureau of Labor
Flutterwave CEO Calls for Unified Payment Systems to Unlock Africa’s Economic Growth
At a time when Africa’s economic potential is drawing global attention, seamless cross-border transactions are emerging as a cornerstone for
Suez Canal Authority Eyes Closer Russia Ties Through Industrial Zone Partnership
Egypt’s Suez Canal Authority is exploring a potential direct partnership with Russia, building on existing bilateral projects, as reported by
Nigeria Customs Intercepts 1,620 Parrots, Canaries Smuggled to Kuwait
Nigerian authorities have thwarted an attempt to illegally export over 1,620 live birds from Lagos to Kuwait, marking the latest
Nigeria’s 2025 Oil Output Hits 1.8M BPD, Beats OPEC Quota
Nigeria’s crude oil production reached 1.8 million barrels per day (mbpd) in July 2025, surpassing its pledged quota to the
Ghana Hikes Cocoa Prices 60%, Squeezing Global Supply and Rival Producers
Ghana has announced a substantial increase in cocoa producer prices, raising payments to farmers by over 60% in a bid
NNPCL Raises Petrol Price to ₦955 in Abuja, Kogi, Nasarawa
Nigeria’s state-owned oil company has announced a significant increase in petrol prices, sparking concerns over rising living costs in Africa’s
NNPC Chief: Bankable Energy Projects Key to Africa’s Sustainable Future
At a major energy conference in Lagos, Nigerian National Petroleum Company Limited (NNPCL) CEO Bayo Ojulari highlighted Africa’s urgent need
Enugu Power Outages: Mainpower Links Crisis to EERC Tariff Dispute
Residents in parts of Enugu State, Nigeria, have faced prolonged power outages over the past four days, with authorities attributing
Nigerian AG Ogunjimi Elected AAAG Deputy Chair to Boost Fiscal Transparency
Nigeria’s Accountant General, Shamseldeen Ogunjimi, has been elected to a leadership role within Africa’s key public finance oversight body, marking