Nigeria food inflation rebounds to 12.12% in Feb 2026
Nigeria’s food inflation rate surged to 12.12 per cent year-on-year in February 2026, official data showed, erasing a brief period […]
African Business News
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Nigeria Food Inflation, Fuel Hikes Worsen Hardship
Nigerians are confronting a steepening cost-of-living crisis as food inflation surged in February while fuel prices continued to climb nationwide,
UK Jobs Threatened by Energy Price Spike from Iran Conflict
Soaring energy prices following the US-Israeli conflict with Iran could trigger significant job losses in the UK, with over 100,000
Nigeria to Attract $200m for Defence, Cybersecurity, Satellite
A strategic partnership between Nigeria’s Nigus International Investment Limited and UAE-based Elmirate Investment LLC (Elmirate Capital) aims to attract up
Strait of Hormuz Tanker War Risk Premiums Jump 30-Fold
War risk insurance premiums for tankers transiting the Strait of Hormuz have skyrocketed by up to 30 times, transforming the
African Business News
Inflation Rate in Nigeria Drops to 15.06% in Feb 2026
Nigeria’s inflation rate declined marginally to 15.06 per cent in February 2026, marking a continued, albeit slow, moderation in price
Nigeria Inflation Halved Since 2023: Minister Idris
Nigeria’s Minister of Information and National Orientation, Mohammed Idris, announced that the country’s inflation rate has been reduced by half
African Business News
CBN Warns Never Share PINs, Passwords For Global Money Week 2026
The Central Bank of Nigeria (CBN) has issued a renewed warning to banking customers, urging them never to share personal
Hormuz Strait: EU Discusses Extending Naval Mission
EU foreign ministers will convene Monday to discuss expanding the bloc’s existing naval mission in the Red Sea to assist
Zenith Bank Opens Manchester Branch for UK-Africa Trade
Zenith Bank Plc has opened a new branch in Manchester, United Kingdom, expanding its international network and strengthening its role
African Business News
UniCredit bid for Commerzbank stirs Berlin opposition
Italy’s UniCredit has launched a €35 billion ($40 billion) takeover approach for Germany’s Commerzbank, a move that immediately sets up
Nigeria Alleges Mining Firm Smear Plot on Tinubu UK Visit
The Nigerian government has accused mining company Jupiter Limited of orchestrating a smear campaign against President Bola Ahmed Tinubu’s administration,