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 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 ReadingThe Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has said the recent rise in the price of petrol […]
Continue ReadingThe Country Director of the World Bank, Dr Ndiame Diop, has disclosed that the emancipation of the African region lies […]
Continue ReadingThe Nigerian government has hinted at a possible review of its N54.99 trillion 2025 budget as a response to President […]
Continue ReadingNigeria’s economy is placed on the edge over the ravaging impact of the United States of America, President Donald Trump’s […]
Continue ReadingThe European Union on Monday said it would start collecting retaliatory duties on some imported U.S. goods next week as […]
Continue ReadingOver the last decade, one of the brightest spots in Nigerian business has been the remarkable rise of fintechs. The […]
Continue ReadingJPMorgan Chase Chairman and Chief Executive Officer, Jamie Dimon, has stated that the tariffs imposed by President Donald Trump are […]
Continue ReadingThe naira depreciated significantly against the dollar at the official foreign exchange market, reaching its lowest point since United States […]
Continue ReadingStephen Miller, Deputy Chief of Staff for Policy to President Donald Trump, has stated that the United States has a […]
Continue ReadingBritish Prime Minister Keir Starmer has pledged to ensure that any new trade agreement with the United States serves the […]
Continue ReadingInvestors on the Nigerian Exchange Limited, NGX, lost approximately N659 billion as Nigeria’s stock market mirrored a global downturn on […]
Continue ReadingThe Central Bank of Nigeria (CBN) defended the naira against the dollar by selling $197.71 million to authorised foreign exchange […]
Continue ReadingBitcoin has fallen as much as 12% in the past day, falling below the $75,000 threshold. The development comes amid […]
Continue ReadingThe Crude Oil Refinery Owners Association of Nigeria, CORAN, has explained why Nigerians cannot get cheaper Premium Motor Spirit, PMS, […]
Continue ReadingOil prices fell more than 3 per cent on Monday, extending losses from the previous week. There are growing concerns […]
Continue ReadingThe Asian markets plunged further on Monday, deepening a global stock rout. This is reportedly triggered by US President Donald […]
Continue ReadingThe naira recorded a significant drop against the dollar weekly, from March 28 to April 4, 2025 amid United States […]
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