African Business News

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Bank of England Keeps Interest Rate at 4 Percent Amid High Inflation

By Ifunanya / September 18, 2025

The Bank of England has maintained its key interest rate at 4% following a regular policy meeting, citing elevated UK […]

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EU Climate Target Deadline Looms Amid Emissions Cutting Plan Disagreements

By Ifunanya / September 18, 2025

The European Union is set to convene on Thursday to finalize an emissions-cutting plan to be presented at the upcoming […]

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Nigeria Shares ₦2.2trn August Federation Account Revenue

By Ifunanya / September 18, 2025

Nigeria’s Federal Government, states, and local government councils have shared a total of ₦2.225 trillion in August 2025 Federation Account […]

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NMDPRA, FCCPC Set Up 10-Man C’ttee To Address Consumers Complaints

Nigeria Energy Regulators Form Committee

By Ifunanya / September 18, 2025

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Federal Competition and Consumer Protection Commission (FCCPC) have established […]

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BREAKING: Again, Dangote refinery slashes petrol prices nationwide

Dangote Refinery in N1.5trn fuel subsidy row with marketers

By Ifunanya / September 18, 2025

A dispute has emerged between Dangote Refinery and the Petroleum Products Marketers of Nigeria, also known as DAPPMAN, regarding fuel […]

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Fed cuts interest rates amid job market concerns

By Ifunanya / September 18, 2025

Asian Markets Fluctuate After Fed Cuts Interest Rates The Federal Reserve’s decision to lower interest rates by 25 basis points […]

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‘Go To Court’, Dangote Dares DAPPMAN, Alleges Marketers Demanded ₦1.5trn Fuel Subsidy

Dangote Refinery Challenges DAPPMAN Allegations

By Ifunanya / September 18, 2025

Dangote Petroleum Refinery has responded to the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) by challenging the association […]

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Fuel scarcity imminent as tanker drivers shun depots Monday over union dispute - NUPENG

NUPENG dispute sparks CSOs backlash against union tactics

By Ifunanya / September 18, 2025

A coalition of civil society organizations has thrown its weight behind Dangote Petroleum Refinery in its ongoing dispute with the […]

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Meta AI smart glasses unveiled with advanced features

By Ifunanya / September 18, 2025

Meta has unveiled its latest smart glasses, including the Meta Ray-Ban Display, as the company continues to invest in a […]

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Naira records highest appreciation against dollar since Trump's tarrif pause

Naira Depreciates Against US Dollar

By Ifunanya / September 18, 2025

The Nigerian Naira experienced a decline in value against the US dollar at the official foreign exchange market on Wednesday. […]

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