Meta tops earnings expectations with AI driven revenue growth
Meta Reports Strong Quarterly Earnings Amid AI Investments Meta, the parent company of Facebook and Instagram, has announced quarterly earnings […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Amazon cuts 16,000 jobs in AI driven restructuring
Amazon has announced a second round of layoffs, cutting approximately 16,000 jobs, as part of its ongoing restructuring efforts driven
FAAN Assures Seamless Travel At Lagos Airport Despite Rehab Works
The Federal Airports Authority of Nigeria (FAAN) has assured passengers of a seamless travel experience at the Murtala Mohammed International
Multi-Trex secures NGX approval to increase public shareholding
Multi-Trex Integrated Foods Plc has received approval from the Nigerian Exchange (NGX) to take measures aimed at increasing its public
Nigeria Budget Crisis: N2 Trillion Monthly Borrowing Planned
A financial analyst, Kalu Aja, has expressed concern over the Nigerian government’s plan to borrow heavily to finance its 2026
Nigeria Governors Forum supports education healthcare reforms
The World Bank and Nigeria’s Federal Ministry of Budget and Economic Planning have engaged the Nigeria Governors’ Forum (NGF) to
Poverty in UK hits record high with 14.2 million affected
A record number of people in the UK are living in severe hardship, with nearly seven million individuals unable to
Fed Keeps Interest Rates Unchanged Defying Trump
The US Federal Reserve has commenced its highly anticipated two-day policy meeting, with market expectations suggesting that interest rates will
Stablecoins key to MEA economic growth says Flutterwave CEO
At the 2026 World Economic Forum, Flutterwave’s Founder and CEO, Olugbenga “GB” Agboola, emphasized the crucial role of stablecoins and
EU considers social media ban for children
The European Union is considering a ban on social media for children, following France’s move to prohibit the use of
Venezuela US sanctions easing slowly
The United States has begun to unfreeze Venezuelan funds that were frozen under sanctions, according to Delcy Rodriguez, Venezuela’s interim