African Business News

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

Reduce cost of governance — Elon Musk on how US can avoid bankruptcy

Reduce cost of governance — Elon Musk on how US can avoid bankruptcy

By Ifunanya / February 17, 2025

The United States of America billionaire and head of the Department of Government Efficiency, Elon Musk, has said51 the country […]

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'Bad fuel' viral video: We stand by NNPCL - PETROAN

‘Bad fuel’ viral video: We stand by NNPCL – PETROAN

By Ifunanya / February 17, 2025

The Petroleum Products Retail Outlet Owners Association, PETROAN, has stated that premium motor spirit from the Nigerian National Petroleum Company […]

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USAID: How Trump's presidency impacts Nigerian economy negatively - CPPE

USAID: How Trump’s presidency impacts Nigerian economy negatively – CPPE

By Ifunanya / February 17, 2025

The Centre for the Promotion of Private Enterprise, CPPE, has explained that United States of America President Donald Trump’s tough […]

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Naira gains N15 against dollar at black market

Real Reason Naira appreciating against Dollar at black market – BDC operators

By Ifunanya / February 17, 2025

The National President of the Association of De Change Operators, Aminu Gwadebe, has revealed that the pick-up of the interbank […]

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Three things to know about CBN's new ATM charges

SERAP to CBN: Reverse ATM charges hike in 48 hours or face legal action

By Ifunanya / February 16, 2025

The Socio-Economic Rights and Accountability Project, SERAP, has issued a 48 hours ultimatum to the Central Bank of Nigeria, CBN, […]

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Nigerian investors jittery as Fitch withdraws rating from Dangote Industries

Nigerian investors jittery as Fitch withdraws rating from Dangote Industries

By Ifunanya / February 15, 2025

Fitch Ratings, a global provider of credit ratings, has paused monitoring Dangote Industries. The firm recently announced its decision to […]

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Substandard fuel: NNPC threatens legal action over viral video

Substandard fuel: NNPC threatens legal action over viral video

By Ifunanya / February 15, 2025

The Nigerian National Petroleum Company Limited, NNPCL, has threatened to take legal action over a viral video in which a […]

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Most PMS in our Lagos retail outlets sourced from Dangote Refinery - NNPC speaks on viral video

Most PMS in our Lagos retail outlets sourced from Dangote Refinery – NNPC speaks on viral video

By Ifunanya / February 15, 2025

The Nigerian National Petroleum Company Limited, NNPCL, has dismissed reports claiming its petrol does not last. NNPC spokesperson Olufemi Soneye […]

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Nigeria's exchange rate of N1,300 per dollar will reduce inflation — LCCI

Nigeria’s exchange rate of N1,300 per dollar will reduce inflation — LCCI

By Ifunanya / February 15, 2025

The Lagos Chamber of Commerce and Industry has said that if the Nigerian government can reduce the foreign exchange rate […]

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Naira gains N15 against dollar at black market

Naira gains N15 against dollar at black market

By Ifunanya / February 15, 2025

The Naira gained N15 against the dollar at the parallel foreign exchange market in the past five days, Media Talk […]

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Naira records three-day appreciation against dollar on black market

Naira records three-day appreciation against dollar on black market

By Ifunanya / February 14, 2025

The Nigerian naira recorded three consecutive days of appreciation against the dollar in the parallel foreign exchange market, ending the […]

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CBN gives update on Keystone Bank

CBN gives update on Keystone Bank

By Ifunanya / February 14, 2025

The Central Bank of Nigeria has assured the public of Keystone Bank’s stability amid the recent court judgement, which ordered […]

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Three things to know about CBN's new ATM charges

CBN gives update on N100 ATM withdrawal charge

By Ifunanya / February 14, 2025

The Central Bank of Nigeria has said the N100 fee subsists for banks’ customers withdrawing less than N20,000 cash from […]

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Naira continues appreciation against dollar at black market

Naira continues appreciation against dollar at black market

By Ifunanya / February 14, 2025

The Naira continued its appreciation against the dollar at the parallel foreign exchange market on Thursday. According to a Bureau […]

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NNPCL petrol price update - Daily Post Nigeria

NNPCL petrol price update – Media Talk Africa Nigeria

By Ifunanya / February 13, 2025

The pump price of Nigerian National Petroleum Company, NNPCL, premium motor spirit at its retail outlets remains unchanged in the […]

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50% tariff hike: MTN announces new prices for data subscription

MTN Nigeria increases voice call tariff

By Ifunanya / February 13, 2025

Nigeria’s telecommunications giant, MTN, has increased the call rate on its pulse bundle to N13.8 per minute from N7.8 per […]

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50% tariff hike: MTN announces new prices for data subscription

‘It’s mistake’ — MTN Nigeria reverses 200% data bundle tariff hike

By Ifunanya / February 13, 2025

Nigeria’s telecommunications giant, MTN, has reversed its 15G data plan 200 percent tariff hike. The company disclosed this in a […]

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$700m sugar investment will end Nigeria's importation - Dangote

$700m sugar investment will end Nigeria’s importation – Dangote

By Ifunanya / February 12, 2025

The President of Dangote Group, Aliko Dangote, has said the company is committed to ensuring that Nigeria ends the importation […]

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Kano govt can generate over N100bn if revenue leakages are blocked – KIRS

By Ifunanya / February 12, 2025

The Kano State government has said barring internal leakages, the state could generate over N100 billion in Internal Revenue, IGR, […]

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Trump dismisses Board of Visitors for US Army, Air Force, Navy, Coast Guard

Trump seeks reduction of US interest rates

By Ifunanya / February 12, 2025

President Donald Trump of the United States on Wednesday called for the reduction of interest rates. Media Talk Africa reports […]

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