Investors at NGX rake in N307bn gains
Investors in the Nigerian stock market raked in a N307 billion gain amid increased buying interest. This comes as Nigerian […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
India’s Defense Companies Gain $5 Billion in Market Value Amid Escalating Tensions with Pakistan
In the midst of rising tensions between India and Pakistan, the country’s defense companies have experienced a significant surge in
Nigerian Senate rejects VAT increase, passes two tax reform bills
The Nigerian Senate, on Wednesday, passed two of President Bola Tinubu’s four tax reform bills. The two bills approved are
Dollar rises against yen, euro as Fed trade talks in focus
The US dollar on Wednesday edged higher against the yen and the euro as traders awaited the outcome of the
Trade War: UK in talks with US officials over movie tariffs
British Creative Industries Minister, Chris Bryant on Wednesday said the United Kingdom is in “active discussions” with top US officials
Trade War: EU to hit US goods with €100bn worth of tariff
The European Union is preparing to hit US goods worth nearly 100 billion euros, $113 billion, with tariffs in retaliation
China’s central bank cuts interest rate to defend economy amid Trump’s tariffs
The Chinese Central Bank announced interest rate cuts and a major liquidity injection on Wednesday. The rate cuts are part
It will boost job creation – Expert lauds Tinubu’s ban on foreign goods imports
An expert and popular engineer, Abdullahi Hashim, has hailed President Bola Ahmed Tinubu for approving the Nigeria-First Procurement Policy banning
CBN allots N756bn OMO bills to investors as rate tighens
The Central Bank of Nigeria, CBN, conducted its open market operations on Tuesday, where OMO bills worth N756.74 billion were
Naira continues free fall against dollar
The naira has continued its free fall against the dollar for the second consecutive time at the official foreign exchange
EU Households Paid Record High Gas Prices in Second Half of 2024
The European Union has seen a significant surge in household gas prices, with the latest data from Eurostat indicating that
US tariffs: Britain, India reach conclusion on trade deal
India and the United Kingdom on Tuesday concluded a long-coveted free trade pact, in a landmark deal that represents London’s