US extends tariff pause on Chinese imports through August amid stalled trade talks
The United States has extended a pause on tariffs for certain Chinese imports until August 31, amidst stalled negotiations between […]
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 presidency moves to clear N2tn power debt
Nigeria’s presidency has reaffirmed its stance to clear the country’s N2 trillion legacy debt owed to electricity generation companies before
Fuel, diesel prices may increase as FG, Reps push to implement 5% road user charge
The price of premium motor spirit and automotive gas oil may increase as the Federal Ministry of Works and House
Tesla Executives Questioned Elon Musk Over Denial of Scrapped Low Cost Electric Vehicle Project
Tesla CEO Elon Musk’s denial of a report that the company had scrapped its low-cost electric vehicle project, known as
Naira records massive appreciation across FX markets
The naira appreciated massively against the dollar across foreign exchange markets to begin the week on an impressive note. At
Nigeria’s Access Bank acquires Kenya’s NBK
A Nigerian commercial bank, Access Bank PLC, has officially acquired the National Bank of Kenya, NBK. Access Bank disclosed this
Russia’s Largest Bank Introduces Bitcoin-Linked Bonds to Qualified Investors
Russia’s largest lender, Sber, has made a significant move into the cryptocurrency market by introducing structured bonds tied to Bitcoin.
Russia’s Billionaires Gain $28 Billion in Wealth Amid Global Ranking Updates
A significant surge in wealth has been observed among Russia’s richest individuals, with their combined net worth increasing by $28
China Accuses US of Violating Trade Deal Amid Escalating Tensions
A looming trade war between the United States and China has taken a dramatic turn, with Beijing accusing Washington of
Nigeria’s petrol price 55 percent below West African average – Dangote
President of Dangote Refinery, Aliko Dangote, has said that with the 650,000 barrels per day refinery price cuts, Nigeria’s premium
Mid Term Report: Group tasks Tinubu on decarbonisation policy, investment in oil, gas sector
A group, under the auspices of African Centre for Energy Governance and Accountability, ACEGA, has tasked President Bola Tinubu on
BREAKING: NNPCL reduces fuel pump price
The Nigerian National Petroleum Company Limited, NNPCL, has reduced the pump price of premium motor spirit, PMS. Media Talk Africa