African Business News

The Nigerian Shippers’ Council (NSC) has ordered all shipping lines and their agents to immediately suspend the implementation of recently […]

United Bank for Africa (UBA) UK and British International Investment (BII) have signed a letter of intent to develop a

The Nigerian government has accused mining firm Jupiter Limited of orchestrating a smear campaign against President Bola Ahmed Tinubu’s administration,

Nigeria’s annual inflation rate moderated to 15.06 per cent in February 2026, down from 15.10 per cent in the previous

Nigeria’s Minister of Information and National Orientation, Mohammed Idris, has stated that the nation’s inflation rate has been reduced by

Nigerian electricity distribution companies (DISCOs) are implementing a Revenue-Based Allocation Strategy, prioritising customers in higher-paying tariff bands as the nation

Nigerians are facing heightened economic pressure as food inflation accelerated sharply in February, even as overall inflation dipped marginally, while

The Nigerian naira exhibited divergent trends across foreign exchange markets on Monday, appreciating on the official market while simultaneously weakening

The Nigerian Exchange (NGX) achieved a historic milestone on Monday as its All-Share Index (ASI) surged past the 201,000-point threshold

MRS filling stations, backed by Dangote Refinery, have implemented a nationwide increase in petrol pump prices, elevating the retail cost