Trump 48-Hour Hormuz Ultimatum Sends Stocks Down, Oil Up
Global stock markets fell sharply on Monday as oil prices increased following President Donald Trump’s 48-hour ultimatum to Iran to […]
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.
IEA Chief: Remote Work, Lower Speed Limits for Energy Crisis
The International Energy Agency (IEA) has urged governments to implement immediate energy conservation measures, including promoting remote work, reducing speed
Dangote Exports 456,000 Tonnes Fuel to Africa Amid Crisis
The Dangote Petroleum Refinery has exported its first significant cargoes of refined fuel, shipping 456,000 tonnes to five African nations
CBN Named Global Central Bank of the Year 2026 for Reforms
The Central Bank of Nigeria (CBN) has been named the 2026 Global Central Bank of the Year by the Central
Dangote Refinery Fuel Price Rise on Middle East Oil Surge
Dangote Refinery Raises Petrol Price Again as Middle East Tensions Drive Oil Surge The Dangote Petroleum Refinery has increased its
African Business News
North Macedonia Cuts Fuel VAT to Curb War-Driven Pump Prices
North Macedonia has temporarily halved its value-added tax (VAT) on fuel in a direct response to rising global oil prices
African Business News
Global Economy at Risk from Middle East War Over Six Months
The head of TotalEnergies has warned that a Middle East conflict lasting more than six months would inflict severe consequences
Tony Elumelu Announces 12th Cohort of African Entrepreneurs
Nigerian businessman and philanthropist Tony Elumelu has announced the selection of 3,200 African entrepreneurs for the 12th cohort of the
Dangote refinery hike pushes Nigeria petrol price to N1,332
The price of Premium Motor Spirit (petrol) is set to rise nationwide to at least N1,332 per litre, following a
Dangote Refinery Hike Raises Nigerian Petrol Pump Prices
Nigerian filling stations, including those backed by Dangote Refinery, raised petrol retail prices over the weekend, following a significant increase
Crude Oil Surges on Iran-US-Israel War, Nigeria Petrol Hikes
Crude oil prices surged above $112 per barrel on Saturday, marking an eight-month high, as escalating tensions between Iran, the
TEF 2026: 3,200 to Lead Africa’s AI and Green Revolution
The Tony Elumelu Foundation (TEF) has selected 3,200 young African entrepreneurs for its 2026 cohort, a move the foundation’s CEO,