African Business News

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

US Consumer Inflation Rose Less Than Expected In September

Inflation rises 3 percent in US amid rate cut hopes

By Ifunanya / October 24, 2025

US consumer inflation rose to 3.0 percent in September, a slight increase from the 2.9 percent recorded in August, according […]

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Nigeria Targets 4000mw Renewable Energy Manufacturing Capacity

By Ifunanya / October 24, 2025

The Nigerian government has unveiled plans to establish a 4,000-megawatt renewable energy manufacturing capacity across several states in the country. […]

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Oil spikes following US sanctions on Russia — RT Business News

Oil prices surge over 5% after US sanctions Russian oil majors

By Ifunanya / October 24, 2025

Oil prices have surged following the US announcement of sanctions on Russian oil majors Rosneft and Lukoil. Global benchmark Brent […]

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All Canada Trade Talks ‘Terminated’ Says Trump

Trump cancels Canada trade talks over tariff ad campaign

By Ifunanya / October 24, 2025

US President Donald Trump announced on Thursday that he is terminating all trade negotiations with Canada. This decision comes after […]

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Canada reduces GM Stellantis tariff free car imports

By Ifunanya / October 24, 2025

Canada has reduced tariff-free import quotas for car manufacturers Stellantis and General Motors (GM) in response to their decision to […]

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Naira strengthens against dollar as reserves rise

By Ifunanya / October 24, 2025

The Nigerian naira has continued to strengthen against the United States dollar at the official foreign exchange market, marking its […]

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Trump pardons Binance founder Changpeng Zhao in crypto case

By Ifunanya / October 24, 2025

US President Donald Trump has pardoned Changpeng “CZ” Zhao, the co-founder of cryptocurrency exchange Binance, according to a statement from […]

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Renaissance Reiterates Commitment To Boosting Oil, Gas Production In Nigeria • Channels Television

Oil prices surge after Trump imposes sanctions on Russia

By Ifunanya / October 24, 2025

Global oil prices experienced a significant surge on Thursday, rising by over 5% after US President Donald Trump imposed new […]

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French Court Convicts TotalEnergies Over Misleading Climate Claims

TotalEnergies climate ruling sets legal precedent for corporate greenwashing

By Ifunanya / October 23, 2025

A French court has ruled that oil and gas giant TotalEnergies engaged in “misleading commercial practices” by overstating its climate […]

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Prada revenue rises 9% driven by Miu Miu sales

By Ifunanya / October 23, 2025

Italian fashion group Prada has reported a significant year-on-year increase in net revenues for the first nine months of 2025, […]

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