Tinubu: Nigeria’s Economy Exits Dark Tunnel of Uncertainty
Nigerian President Bola Tinubu has stated that the country has moved beyond a period of economic instability, declaring that Nigeria […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
TEF 2026 Cohort: 265,000 Apply for $5,000 Seed Capital Across Africa
The Tony Elumelu Foundation (TEF) will announce the 12th cohort of its flagship TEF Entrepreneurship Programme on March 22, 2026.
Nigeria Inflation Eases to 15.06% in Feb 2026, Food Rises
Nigeria’s headline inflation rate declined marginally to 15.06 per cent in February 2026 from 15.10 per cent in the previous
African Business News
IMF Warns Iran War Risks Global Inflation Surge
The International Monetary Fund (IMF) has begun assessing the potential economic fallout from the conflict in Iran, warning that a
TEF Selects 3,200 African Entrepreneurs for 2026 Cohort
The Tony Elumelu Foundation (TEF) will announce the 12th cohort of its flagship TEF Entrepreneurship Programme on March 22, 2026,
Tinubu: Nigeria Economy Out of Dark Tunnel, Hope Renewed
President Bola Tinubu has declared that Nigeria has moved beyond a period of severe economic uncertainty, assuring citizens both at
African Business News
Trump U-Turn Israel No More Iran Gas Field Strikes
US President Donald Trump has stated that Israel will not conduct further strikes on Iran’s South Pars gas field, while
African Business News
Dangote Refinery imported $3.74bn crude oil in 2025
Dangote Petroleum Refinery’s operations led Nigeria to import $3.74 billion worth of crude oil in 2025, a significant shift for
Nigeria Vietnam Highest Fuel Price Hikes Worldwide Amid War
Nigeria and Vietnam have experienced the sharpest surges in fuel pump prices globally over the past three weeks, a trend
Umahi invites anti-graft agencies to probe road projects
Nigeria’s Minister of Works, David Umahi, has formally invited the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and
African Business News
Brent Crude Soars More Than 5% on Mideast Supply Fears
Brent crude oil prices surged over five percent on Thursday following renewed concerns over Middle Eastern energy supplies, triggered by
Nigeria Secures N7.4bn for Ebonyi 7MW Mini-Grid
The Nigerian government has secured N7.4 billion in financing to deploy a 7-megawatt solar mini-grid in underserved communities across Ebonyi