Crude Oil First Drop Since Iran Conflict After Trump Remarks
Global crude oil prices declined on Tuesday, marking the first drop since the outbreak of the Iran-U.S.-Israel conflict in late […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
IATF 2027 Lagos: Nigeria Targets $50B+ in Trade & Investment
Nigeria will host the 2027 Intra-African Trade Fair (IATF) in Lagos, with the Federal Government targeting over $50 billion in
Nigeria Must Close Gender Gap for Development, IWD 2026
On International Women’s Day 2026, journalist and gender activist Adaora Sydney-Jack emphasized that Nigeria’s development agenda cannot succeed without significantly
Naira Depreciates to N1,405.62 per Dollar in Official Market
The Nigerian Naira weakened against the US Dollar at the start of the trading week, extending a recent depreciation trend
Naira Appreciates as CBN Boosts Forex, Reserves Exceed $50bn
The Nigerian Naira strengthened against the US dollar in Tuesday’s trading session, opening at 1,398.24 per dollar in the Nigerian
Nigeria Petrol N1,400, Diesel N1,750, Presidency Silent
Fuel prices in Nigeria have surged following an increase in the wholesale cost set by the Dangote Refinery, pushing retail
Egyptian Pound Falls Below 52 US Dollar, Bond Investors Exit
The Egyptian pound depreciated to a new all-time low on Sunday, falling below 52 pounds per US dollar in official
China Speeds Up Russia Gas Pipeline Amid Middle East Conflict
China has indicated it will fast-track preparations for a major natural gas pipeline from Russia, according to the draft of
Africa Records Highest Aviation Accident Rate in 2025
Africa recorded the highest aviation accident rate globally in 2025, despite a significant decline from the previous year, according to
African Business News
Financial Markets May Check US War Through Treasury Yields
Financial markets have remained relatively stable amid escalating military conflict in the Middle East, defying typical patterns of war-driven volatility.
African Business News
Nigeria Revenue Service Modernizes Tax Administration
Nigeria has formally launched the Nigeria Revenue Service (NRS), replacing the Federal Inland Revenue Service (FIRS) in a move officials
African Business News
Tinubu Redeploys Uzoka-Anite to Budget and Economic Planning
Nigerian Minister of State Doris Uzoka-Anite has been redeployed to the Ministry of Budget and Economic Planning by President Bola