BREAKING: Tinubu bans importation of foreign goods, unveils new industrialisation policy
President Bola Tinubu has ordered a ban on importation of foreign goods, especially those that can be produced locally in […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Trade turnover between Russia, Kazakhstan jumps to $28bn
The trade volume between Russia and Kazakhstan exceeded 28 billion dollars while Russian exports increased by almost five per cent
US wants a fair trade deal with China – Trump
United States President Donald Trump has said the US is meeting with many countries, including China, on trade deals. Trump
Cabals still fighting our refinery – Dangote
Africa’s richest man and president of Dangote Refinery, Aliko Dangote, has insisted that the ‘cabal’ in Nigeria’s oil and gas
Warren Buffett Warns US Trade Policy Risks Turning Trade into Act of War
In a stark warning, billionaire investor Warren Buffett has criticized the US trade policy under President Donald Trump, cautioning that
Nigeria’s external reserves grew by 5.6% to $38.8bn in 2024 — CBN
The Central Bank of Nigeria, CBN, has reported that the country’s external reserves grew by 5.6 per cent (approximately $2.2
NNPCL reduces fuel price to N910 per litre
Nigerian National Petroleum Company Limited, NNPCL, has reduced its retail price of Premium Motor Spirit. Media Talk Africa correspondent observed
Naira records highest depreciation against dollar at official market
The Naira depreciated against the dollar at the official foreign exchange market on Friday to end the week on a negative note. The Central
EU Ready to Boost US Imports by $56 Billion to Address Trade Imbalance
In a bid to address the trade imbalance between the European Union and the United States, the EU is considering
Court dismisses request to stop CBN from using e-naira trade mark
The Federal High Court in Abuja has dismissed the request to stop the Central Bank of Nigeria (CBN) from using
Africa’s Finance Leap
Africa is taking a major step towards financial unity with the introduction of the Africa Currency Marketplace, a groundbreaking platform
US dollar tumbles against euro, yen
The US dollar was down on Friday but trimmed some losses against the euro and yen after data showed the