African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Earn Trump administration’s confidence – US Treasury Secretary Bessent urges IMF, World Bank leaders
United States Treasury Secretary Scott Bessent on Wednesday said the heads of the Bretton Woods institutions need to earn the […]
Continue ReadingNigeria’s airline, Air Peace, has announced the immediate suspension of all its flight operations across Nigeria following an ongoing strike […]
Continue ReadingThe United States of America Treasury Secretary, Scott Bessent, has lashed out at the International Monetary Fund, IMF, hinting that […]
Continue ReadingChancellor Rachel Reeves has admitted that the UK could lower tariffs on US car imports, as she seeks to negotiate […]
Continue ReadingThe Executive Secretary of the Kano State Pension Board, Habu Muhammad Fagge, has said that they have an inroads in […]
Continue ReadingPresident Donald Trump of the United States has said that high tariffs on goods from China will come down substantially. […]
Continue ReadingNigeria’s currency, the naira, depreciated against the dollar at the official and parallel foreign exchange markets upon the resumption of […]
Continue ReadingThe Nigeria Customs Service has announced that it recorded N1.751 trillion in revenue collection in the first quarter of 2025. […]
Continue ReadingThe National President of the Petroleum Products Retail Outlet Owners Association, Billy Gillis-Harry, has said that the 83 refinery licences […]
Continue ReadingThe dollar on Tuesday marked a fresh low against the yen and hovered around multi-year lows versus the euro and […]
Continue ReadingNigeria’s broad money supply has increased to N114.22 trillion in March 2025, defying the Central Bank of Nigeria’s monetary policy […]
Continue ReadingChinese state-backed funds are halting new investments in United States private equity. According to the Financial Times on Monday, this […]
Continue ReadingThe Centre for the Promotion of Private Enterprise, CPPE, has criticised the proposed Raw Materials Bill currently before the Nigerian […]
Continue ReadingNigeria’s electricity generation peak has recorded a steady drop to 4,742.20 megawatts in the past three days.This is according to […]
Continue ReadingNine Nigerian banks generated a combined interest income of N14.26 trillion in 2024. This is according to an analysis of […]
Continue ReadingChina on Monday issued a stern warning to countries against striking a broader economic deal with the United States at […]
Continue ReadingThe US dollar tumbled on Monday as investor confidence in the United States’ economy took another hit over President Donald […]
Continue ReadingThe governor of the Central Bank of Nigeria, Olayemi Cardoso, has said the apex bank’s reforms have returned confidence in […]
Continue ReadingThe naira appreciated against the dollar at the parallel foreign exchange market on Saturday amid 2025 Easter day celebrations in […]
Continue ReadingThe Nigerian National Petroleum Company Limited has reduced its premium motor spirit price, Media Talk Africa reports. Media Talk Africa […]
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