Dangote Refinery slashes ex-depot petrol price to ₦865 per litre
In a move that may offer some relief to consumers, the Dangote Petroleum Refinery has reduced the ex-depot (ex-gantry) price […]
African Business News
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
US investors gain $4.8 trillion after Trump’s 90-day tariff pause
Investors in United States of America stocks recorded a significant gain amounting to $4.8 trillion on Wednesday, hours after President
Fuel price drop imminent as Nigerian govt renews naira-for-crude deal
The price of premium motor spirit, popularly known as fuel, may drop in the coming days as the Nigerian government
Chinese currency falls to weakest value in more than 17 years amid trade war with US
Chinese currency, yuan on Wednesday fell to its lowest value in the past 17 years against the US dollar. According
Nigeria needs 40% annual growth to offset U.S. tariff impact – Economist, Kale
Nigeria must achieve an annual economic growth rate of at least 40% to cushion the potential adverse effects of the
Naira depreciates against dollar across official, black markets after Trump’s 90-day tariff pause
The naira depreciated against the dollar at both official and parallel foreign exchange markets on Wednesday after the United States
Shettima, AfDB President arrive Calabar for new export processing zone groundbreaking
Vice President of Nigeria, Kashim Shettima and President of the African Development Bank AFDB), Dr Akinwumi Adesina, have arrived in
African Business News
EU approves retaliatory tariffs on US imports
EU member states on Wednesday, approved first retaliatory tariffs of 10 per cent to 25 per cent on U.S. imports,
Realme C75: Setting new standards in budget smartphone
Officially launched on Thursday April 3, 2025, realme C75 stormed into the Nigerian market with a bold ambition of setting
Nigeria posts $6.83bn balance of payments surplus as Diaspora remittances surge to $20.93bn
The Central Bank of Nigeria has announced a balance of payments surplus of $6.83 billion in 2024, an improvement from
Global oil prices down to lowest in 4 years as US-China tariff war escalates
Global crude prices crashed by 6 percent on Wednesday as the tariff war between the United States and China escalated.
BREAKING: Naira-for-crude deal with Dangote Refinery continues indefinitely —Nigerian Govt
The Nigerian government has declared that the naira-for-crude sale deal with Dangote Refinery and other local refineries, facilitated through the