Nigeria’s GDP Rebases to N205 Trillion with 41.7% Growth Surge
Nigeria has announced a significant recalibration of its economic size, with the national statistics office revising the country’s Gross Domestic […]
African Business News
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China’s Economy Grows 5.3% Amid Escalating US-EU Trade Tensions
China’s economy expanded by 5.3% year-on-year in the first half of 2024, according to official data released by the National
Mixed reactions as Enugu Govt announces electricity tariff reduction
Mixed reactions have trailed the recent order by the Enugu Electricity Regulatory Commission for Main Power to reduce its electricity
NOGASA battles Dangote Refinery over planned direct supply of cooking gas, others
The Natural Oil & Gas Suppliers Association of Nigeria (NOGASA) has kicked against the recent plan by Dangote Refinery to
Court slams N5m damages on MTN for exploiting user through unsolicited tunes
The Court of Appeal has slammed a ₦5 million damages award against telecommunication giant, MTN Nigeria for exploiting a subscriber,
China Condemns EU Sanctions on Banks, Firms Over Russia Ties, Vows Defense
The European Union’s decision to sanction two Chinese banks and multiple companies for allegedly aiding Russia in evading Ukraine-related sanctions
African Business News
Enugu reduces Band A electricity tariff
The Enugu Electricity Regulatory Commission, EERC, has given a new tariff order to MainPower Electricity Distribution Ltd, to review electricity
Nigerian farmers say rise in fertiliser price threatens lower food cost
Nigeria’s food price crisis is far from being over, as farmers have continued to lament the rise in fertiliser prices
Nigeria’s three tiers of government share highest N1.818tn revenue
The three tiers of the Nigerian government shared the highest revenue in 2025 from the Federation Account and Allocation Committee.
Nigeria Achieves Naira Harmonisation Under Tinubu’s Renewed Hope Agenda
Nigeria’s presidency has announced the successful harmonization of the naira’s exchange rates across official and parallel foreign exchange markets, marking
Naira records appreciation across official black markets, presidency reacts
The naira bounced back to appreciate against the dollar across official and parallel foreign exchange markets to end the week
Russia Inflation Slows Sharply, Central Bank Rate Cuts in Focus
Russia’s central bank is seeing early signs of success in its prolonged battle against inflation, with monthly price growth slowing