Implement monthly increases for Lagos CPS retirees — PenCom urges Gov Sanwo-Olu
The National Pension Commission, PenCom, has urged the Lagos State Governor, Babajide Sanwo-Olu, to extend periodic pension increases—currently enjoyed by […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
You won’t find better partner than Nigeria – Tinubu welcomes Qatari investment
President Bola Ahmed Tinubu has reaffirmed Nigeria’s openness to strategic global partnerships as he welcomed fresh investment initiatives from Qatar
Passage of Public Financial Management Bill is our priority — Nigeria’s AGF Ogunjimi
The Accountant General of the Federation, Mr Shamseldeen Ogunijimi, has expressed his readiness to ensure the successful passage of the
Fidelity Bank grows PBT by 167.8% to N105.8 billion in Q1 2025
Fidelity Bank Plc, one of Nigeria’s leading Tier-1 financial institutions, has announced a remarkable financial performance for the first quarter
Many Nigerians can no longer afford eggs — Poultry farmers lament
The Poultry Farmers Association of Nigeria has raised alarm that many Nigerians can no longer afford to buy eggs due
Petrol: We’re not competing with NNPCL – Dangote
The President and Chief Executive Officer of Dangote Group, Aliko Dangote, says there is no rivalry between his organisation and
Yuan weakens to 7.2095 against dollar
The central parity rate of the Chinese currency renminbi, or the Yuan, weakened 22 pips to 7.2095 against the dollar
Trump Proposes 39.6% Tax Bracket for Americans Earning $2.5 Million or More
In a significant shift in policy, US President Donald Trump has proposed increasing tax rates for the country’s highest earners,
Investors record N240bn gain as NGX continues bullish trend
Investors in the Nigerian Exchange Market gained N240 billion in market capitalisation to achieve their fifth consecutive bullish session on
Naira continues depreciation against dollar across official, black FX markets
The naira continued to depreciate against the dollar across official and parallel foreign exchange markets on Thursday. Central Bank of
Dangote and NNPC Partner to Boost Nigeria’s Oil and Gas Sector and Reduce Fuel Prices
Historic Meeting Between Dangote and NNPC CEO Sets Stage for Nigeria’s Energy Sector Revival In a groundbreaking development, Aliko Dangote,
Western Businesses Quietly Returning to Russia Despite Sanctions
A quiet yet significant shift is underway in Russia’s economic landscape. Foreign businesses that departed the country three years ago