African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Zamfara State Internal Revenue Service, ZIRS, has again called on tax-payers to desist from cash payment, advising them to pay […]
Continue ReadingThe Nigerian Electricity Regulatory Commission, NERC, has slammed Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano and Yola electricity distribution companies […]
Continue ReadingIn a move that may offer some relief to consumers, the Dangote Petroleum Refinery has reduced the ex-depot (ex-gantry) price […]
Continue ReadingInvestors in United States of America stocks recorded a significant gain amounting to $4.8 trillion on Wednesday, hours after President […]
Continue ReadingThe price of premium motor spirit, popularly known as fuel, may drop in the coming days as the Nigerian government […]
Continue ReadingChinese currency, yuan on Wednesday fell to its lowest value in the past 17 years against the US dollar. According […]
Continue ReadingNigeria must achieve an annual economic growth rate of at least 40% to cushion the potential adverse effects of the […]
Continue ReadingThe naira depreciated against the dollar at both official and parallel foreign exchange markets on Wednesday after the United States […]
Continue ReadingVice President of Nigeria, Kashim Shettima and President of the African Development Bank AFDB), Dr Akinwumi Adesina, have arrived in […]
Continue ReadingEU member states on Wednesday, approved first retaliatory tariffs of 10 per cent to 25 per cent on U.S. imports, […]
Continue ReadingOfficially launched on Thursday April 3, 2025, realme C75 stormed into the Nigerian market with a bold ambition of setting […]
Continue ReadingThe Central Bank of Nigeria has announced a balance of payments surplus of $6.83 billion in 2024, an improvement from […]
Continue ReadingGlobal crude prices crashed by 6 percent on Wednesday as the tariff war between the United States and China escalated. […]
Continue ReadingThe Nigerian government has declared that the naira-for-crude sale deal with Dangote Refinery and other local refineries, facilitated through the […]
Continue ReadingThe White House on Tuesday said US President Donald Trump’s tariffs on imports from China are set to rise overnight […]
Continue ReadingChina is not backing down on its retaliatory tariffs despite President Donald Trump’s decision to increase the United States tariff […]
Continue ReadingThe naira dropped marginally against the dollar in the foreign exchange market, indicating a brief respite after days of decline […]
Continue ReadingNigeria’s external debt service obligations increased to $1.08 billion in Q4 2024, representing a significant rise from the previous quarter. […]
Continue ReadingTesla CEO, Elon Musk, has described a senior White House trade advisor, Peter Navarro, as “truly a moron” and “dumber […]
Continue ReadingPresident Donald Trump of the United States said on Tuesday that he was waiting to hear from China before duties […]
Continue Reading