African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria’s stock market on Tuesday experienced a bearish performance as investors lost N285, or 0.43 percent. The Nigerian Exchange Limited, […]
Continue ReadingThe landing cost of premium motor spirit dropped to N774.82 per litre, cheaper than the ex-depot price of Dangote Refinery’s […]
Continue ReadingThe Nigerian naira continued its decline against the dollar at the official foreign exchange market on Tuesday. This comes as […]
Continue ReadingPresident Bola Ahmed Tinubu has announced Idris Olorunnimbe as the Chairman of the Universal Basic Education Commission, UBEC, Board. A […]
Continue ReadingThe Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, met with Nigeria’s Minister of State (Oil), Senator Heineken Lokpobiri, […]
Continue ReadingThe Transmission Company of Nigeria, TCN, has explained that the electricity disruption in parts of Lagos State is due to […]
Continue ReadingEnergy experts under the aegis of the Arewa Youths Initiative for Energy Reforms, AYIFER, have called on the Nigerian National […]
Continue ReadingThe administrator of the United States of America Environmental Protection Agency, Lee Zeldin, cancelled 400 DEI and Environmental Justice grants […]
Continue ReadingPetroleum Products Retailers and marketers have explained why petrol imports have persisted despite the Dangote Refinery and other local refineries’ […]
Continue ReadingThe naira defied the Central Bank of Nigeria’s policy interventions as it depreciated against the dollar at the official foreign […]
Continue ReadingNigeria’s Minister of Finance, Wale Edun, has stated that the country expects an ambitious 7 per cent annual Gross Domestic […]
Continue ReadingThe Nigerian National Petroleum Company Limited, NNPCL, has denied terminating its naira-for-crude sale deal with Dangote Refinery. The spokesperson for […]
Continue ReadingPresident Bola Tinubu has declared that his fuel subsidy removal policy is yielding the desired results, as prices are gradually […]
Continue ReadingThe Petroleum Products Retail Outlet Owners Association has said that petrol marketers lost billions due to the downward review of […]
Continue ReadingNigeria’s cost of importing premium motor spirit and other petroleum products soared to N15.4 trillion in 2024 from N7.5 trillion […]
Continue ReadingNigeria’s goods exports decreased by 2.55 percent in Quarter Four (Q4) 2024 to a value of N20,014.33 billion from N20,537.17 […]
Continue ReadingThe National Bureau of Statistics has said Nigeria’s top five trading export partners in the fourth quarter of 2024 were […]
Continue ReadingThe Nigerian naira continued depreciation on Friday at the foreign exchange market to end the week on a negative note. […]
Continue ReadingChina on Saturday announced tariffs on Canadian agricultural and food products, retaliating against levies Ottawa introduced in October on Chinese-made […]
Continue ReadingThe Nigerian National Petroleum Company Limited, through its gas marketing subsidiary and partners, has signed a Gas Sale and Purchase […]
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