African Business News

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

Again Naira slumps massively against dollar across black, official markets

Naira records first appreciation against dollar across black, official FX markets

By Ifunanya / March 25, 2025

The naira appreciated against the dollar across both parallel and official foreign exchange markets on Monday, marking its first gain […]

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Climate change: I’ve authorized production of energy with coal – Trump

I may give lots of countries break – Trump doubles down on tariff war

By Ifunanya / March 24, 2025

The President of the United States, Donald Trump, on Monday suggested that certain countries may receive exemptions when his administration […]

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Creative Money Podcast launches to help African creatives structure, package, monetize skills

Creative Money Podcast launches to help African creatives structure, package, monetize skills

By Ifunanya / March 24, 2025

Creative Money Africa, a leading platform dedicated to empowering African creatives, has officially launched the Creative Money Podcast. The podcast […]

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Nigeria to unlock $300bn revenue in land registration – Minister

Nigeria to unlock $300bn revenue in land registration – Minister

By Ifunanya / March 24, 2025

Nigeria’s Minister of Housing and Urban Development, Ahmed Dangiwa, has said the country plans to unlock about $300 billion in […]

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DStv, GOtv: How MultiChoice reduced prices in South Africa amid hike in Nigeria – NGO

DStv, GOtv: How MultiChoice reduced prices in South Africa amid hike in Nigeria – NGO

By Ifunanya / March 23, 2025

A Nigerian non-governmental organisation, Save the Consumers, has accused MultiChoice Nigeria of reducing prices for its DStv and Gotv services […]

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Nigeria’s revenue drops N194.6bn in February – FAAC

Nigeria’s revenue drops N194.6bn in February – FAAC

By Ifunanya / March 22, 2025

Nigeria’s Federation Account Allocation Committee, FAAC, revenue dropped by N194.664 billion in February. According to the FAAC communiqué, the federal […]

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Again Naira slumps massively against dollar across black, official markets

Naira records massive depreciation against dollar weekly at official market

By Ifunanya / March 22, 2025

The Naira recorded a massive drop against the dollar at the official foreign exchange market from March 14 to 21, […]

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Nigeria’s depot owners hike fuel prices

Nigeria’s depot owners hike fuel prices

By Ifunanya / March 22, 2025

Nigeria’s petroleum products depot owners have increased premium motor spirit ex-depot prices, Media Talk Africa reports. Data from the price […]

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Security, economy: Japan, China, South Korea meet in Tokyo

Security, economy: Japan, China, South Korea meet in Tokyo

By Ifunanya / March 22, 2025

The top diplomats from Japan, China and South Korea met in Tokyo on Saturday, seeking common ground on East Asian […]

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US imports eggs from Korea, Turkey to ease prices

US imports eggs from Korea, Turkey to ease prices

By Ifunanya / March 22, 2025

Mr Brooke Rollins, Agriculture Secretary to the US President, Donald Trump on Friday confirmed the United States is importing eggs […]

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Why retailers, marketers dump Dangote Refinery petrol for import – Stakeholders

Petrol imports rise to 154m litres weekly as marketers dump Dangote Refinery

By Ifunanya / March 22, 2025

Nigeria’s petroleum products marketers and retailers imported 154.22 million litres of premium motor spirit from March 17 to 23, 2025, […]

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Naira records first appreciation against dollar

Naira depreciates, end week on negative note

By Ifunanya / March 21, 2025

The naira depreciated against the dollar at the official foreign exchange market, ending the week on a negative note. Data […]

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Flutterwave launches Pay With Bank Transfer in Ghana

Flutterwave launches Pay With Bank Transfer in Ghana

By Ifunanya / March 21, 2025

Flutterwave, Africa’s leading payments technology company, has broadened its reach in Ghana through the integration of Pay With Bank Transfer, […]

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Nigerian stock market records fourth decline as investors at NGX count losses

Nigerian stock market rebounds, up 0.09%

By Ifunanya / March 21, 2025

For the first time this week, trading on the Nigerian Exchange Ltd. (NGX) rebounded on Friday, reversing a four-day bearish […]

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Dangote, NNPCL price war: Fuel may drop to N650/litre – Analyst

Fuel Price: Why we’ll dump Dangote Refinery for NNPC, imports – PETROAN

By Ifunanya / March 21, 2025

The Petroleum Products Retail Outlet Owners Association of Nigeria has explained that it members will not hesitate to dump Dangote […]

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Fuel price: Nigerian govt schedules meeting over Naira-for-crude deal with Dangote Refinery

Fuel price: Nigerian govt schedules meeting over Naira-for-crude deal with Dangote Refinery

By Ifunanya / March 21, 2025

There are indications that the Federal Government’s Naira-for-crude panel will be reconvening a meeting on Monday to consider continuation of […]

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Nigerian stock market: Investors lose N35bn at NGX amid pressure

Nigerian stock market: Investors lose N35bn at NGX amid pressure

By Ifunanya / March 21, 2025

Investors at Nigerian Exchange Limited shed N35 billion on Thursday as persistent sell pressure resulted in a downturn trend in […]

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Naira depreciates across official, black FX markets

Naira maintains stability against dollar on black market

By Ifunanya / March 20, 2025

The naira remained stable against the dollar at the parallel foreign exchange market on Thursday. Data provided by Abubakar Alhasan, […]

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FIRS collaborates with Flutterwave for digital payment collection

FIRS collaborates with Flutterwave for digital payment collection

By Ifunanya / March 20, 2025

Africa’s leading payments technology company, Flutterwave, is now enabling digital tax collections for the Federal Inland Revenue Service (FIRS), making […]

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Naira continues depreciation against dollar, records highest decline weekly

Naira appreciates against dollar at official market

By Ifunanya / March 20, 2025

The Naira appreciated against the dollar at the official foreign exchange market for the first time since Friday, 14 March, […]

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