Tinubu Redeploys Budget Minister Uzoka-Anite
Nigerian Minister of State Doris Uzoka-Anite has been redeployed to the Ministry of Budget and Economic Planning by President Bola […]
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
Export-Led Trade Surge 39% of Nigeria 2025 Cargo Throughput
Nigeria’s export-driven trade recorded a significant surge in 2025, comprising 39.0 percent of total cargo throughput, according to the Nigerian
Côte d’Ivoire Cuts Cocoa Grower Prices 60% Amid Slump
Côte d’Ivoire, the world’s top cocoa producer, has reduced the farmgate price for its growers by nearly 60 percent, a
African Business News
CBN Adds $3.5bn Domestic LBMA Gold to Foreign Reserves
The Central Bank of Nigeria (CBN) has incorporated $3.5 billion worth of domestically sourced, internationally refined gold into the country’s
African Business News
Saudia Extends Flight Suspension to 8 Cities Until March 6
Saudi Arabia’s national carrier, Saudia, has extended the suspension of flights to multiple international destinations, citing precautionary measures amid ongoing
African Business News
Union Dicon Salt Majority Shareholder Aims Limited No Contact
Union Dicon Salt Plc Reports Failure to Contact Majority Shareholder Union Dicon Salt Plc, a manufacturer listed on the Nigerian
Nigeria Presumptive Tax Framework for Small Businesses
Nigeria has introduced a new Presumptive Tax Framework aimed at incorporating small businesses, traders, and artisans into the formal tax
African Business News
Ras Tanura Refinery Drone Attack Intercepted by Saudi Arabia
Saudi Arabia’s defence ministry said it intercepted a drone targeting the Ras Tanura oil refinery on Wednesday, an attack that
African Business News
UK visa crackdown: study bans for 4 nations, Afghan skilled visas suspended
The UK government will immediately suspend study visas for nationals of Cameroon, Myanmar, Afghanistan, and Sudan, and pause skilled worker
African Business News
Nigeria Faces 800M Jobs Shortfall, Youth Unemployment Crisis
The World Bank has issued a dire forecast that developing economies, including Nigeria, face a looming employment crisis as surging
Nigeria Gas Industrialisation Needs Regulatory Pricing Fixes
Nigeria can unlock its vast natural gas reserves to drive industrialisation by implementing stable regulations, establishing fair pricing mechanisms, and
Nigeria Maritime Cargo Surge 24.8% Rise 129.3M Tonnes Boosts Trade
Nigeria’s maritime sector achieved a record 24.8 per cent surge in total cargo throughput in 2025, jumping from 103.6 million