African Business News

Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.

EU to unlock €500mn in bid for Orban’s Russia sanctions backing – FT — RT Business News

EU sanctions Russia with 19th package targeting energy sector

By Ifunanya / September 20, 2025

The European Commission has introduced its 19th package of restrictions against Russia, which requires unanimous approval from all 27 EU […]

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Trump, Xi Hold Talks On TikTok, Trade

Trump and Xi discuss TikTok trade deal

By Ifunanya / September 19, 2025

US President Donald Trump and Chinese leader Xi Jinping held a phone call on Friday to discuss the future of […]

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We’re not shutting down – ShopRite

Shoprite Nigeria Continues Operation Amid Reset

By Ifunanya / September 19, 2025

Shoprite Nigeria has reassured its customers that it is not shutting down operations in the country. The retailer, which operates […]

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Nigerian govt to introduce pension-backed loans for retirees, pensioners

Pension loan initiative launched for Nigerian retirees

By Ifunanya / September 19, 2025

The Nigerian government has introduced a pension-backed loan initiative through the Nigerian Consumer Credit Corporation, CREDICORP, to support and empower […]

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Nigeria’s oil, gas reforms restored investors’ confidence but challenges remain – Group

Nigeria oil reforms boost investor confidence

By Ifunanya / September 19, 2025

The West Africa Oil and Gas Reporters Network has noted that reforms in Nigeria’s oil and gas sector have led […]

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Dangote Refinery's cheaper petrol unsettles marketers, importers

Dangote Refinery Suspends Petrol Sales Temporarily

By Ifunanya / September 19, 2025

The Dangote Refinery has halted all self-collection gantry sales of premium motor spirit, effective September 18th, 2025. This decision was […]

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Asian Markets Mostly Drop Ahead Of Trump-Xi Talks • Channels Television

Asian markets fall after US rate cut

By Ifunanya / September 19, 2025

Asian markets ended the week on a mixed note, with most major indexes falling on Friday, following a strong week […]

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China's Xiaomi To Remotely Fix Assisted-Driving Flaw In 110,000 SU7 Cars • Channels Television

Xiaomi recalls 110,000 electric cars over safety flaw

By Ifunanya / September 19, 2025

Xiaomi is set to remotely fix a flaw in the assisted driving system of over 110,000 of its SU7 electric […]

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Edo Govt to seal Dangote, NPDC, other alleged tax defaulting organizations

Edo tax defaulters Dangote NPDC to be sealed

By Ifunanya / September 19, 2025

The Edo State Government has announced plans to seal the offices of several organizations, including federal government parastatals and private […]

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Rivers State Leaders Urged to Restrain Supporters Amid Crisis

By Ifunanya / September 19, 2025

The Rivers State Entrepreneur and Investors Forum has urged political leaders in the state to restrain their supporters from making […]

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