MTN Reports $2.81bn Profit on Nigeria, Ghana Performance
MTN Group reported a sharp turnaround in annual performance, posting a profit before tax of 47.4 billion rand ($2.81 billion) […]
African Business News
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
African Business News
US Forced Labor Trade Probes Draw China’s Strong Protest
Beijing has formally protested two new rounds of U.S. trade investigations targeting China, urging Washington to halt what it describes
African Business News
Japan Begins Strategic Oil Reserve Release in Asia Under IEA
Japan has commenced the release of its strategic petroleum reserves, acting on the International Energy Agency’s (IEA) coordinated plan to
Togo to Increase Electricity Imports from Nigeria’s NDPHC
Togo has formally requested an increase in electricity imports from Nigeria’s Niger Delta Power Holding Company (NDPHC) to address rising
US Firms Gain $63.4B If Crude Hits $100
Rising oil prices, spurred by escalating conflict in the Middle East, are poised to deliver significant financial gains to American
Hormuz Strait: Trump Urges Nations to Secure Oil Passage
Trump Calls for International Effort to Secure Hormuz Strait as Oil Prices Surge US President Donald Trump has urged nations
African Business News
US Ecuador Sign Tariff Reduction Amid Trump Campaign
The United States and Ecuador have finalized a bilateral trade agreement aimed at reducing or eliminating tariffs on a range
Dangote Refinery Hike: Abuja Fuel Pump Price Unchanged
Nigerian fuel retail prices have not uniformly followed a recent increase by the Dangote Refinery, creating a mixed pricing landscape
African Business News
Tinubu Aide Tells Obi Petrol Prices Driven by Global Oil
Tinubu’s Aide Criticises Obi’s Analysis of Nigeria’s Rising Fuel Prices A senior aide to Nigerian President Bola Tinubu has publicly
African Business News
Naira Rebounds to ₦1,363.5/$ as CBN Reserves Improve
The Nigerian naira recovered significantly this week, closing at ₦1,363.5 per US dollar in the official market on Friday, reclaiming
African Business News
Keyamo: FAAN Cashless Policy Irreversible, Tinubu Sets Deadline
Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has declared there is “no going back” on the full implementation
African Business News
Iran US Oil Facilities Threaten Global Price Surge
Iran has threatened to destroy US-linked oil facilities in response to American airstrikes on its Kharg Island export hub, as