African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
The naira continued its depreciation against the dollar across official and parallel foreign exchange markets on Wednesday. According to the […]
Continue ReadingLagos State has been ranked as Africa’s second-largest city after Cairo, Egypt. This achievement comes as the state’s Gross Domestic […]
Continue ReadingCryptocurrency expert and executive chairman of software intelligence firm Microstrategy, Michael Saylor, said Strategic Bitcoin Reserve could earn the United […]
Continue ReadingNigeria’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 […]
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