African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
The Naira depreciated by 41% and 26% against the dollar in the official and parallel foreign exchange markets, respectively, to […]
Continue ReadingThe Crude Oil Refinery Owners Association of Nigeria has said that the coming onstream of Warri and Port Harcourt refineries […]
Continue ReadingPresident Bola Ahmed Tinubu has vowed that his administration will reduce the prices of food and lower inflation to 15 […]
Continue ReadingThere is anxiety over a possible 40 percent telecommunications service tariff hike in Nigeria this New Year. This comes as […]
Continue ReadingTelecommunications subscribers have vehemently rejected a proposed 40 per cent telecom service tariff hike in Nigeria expected to kick off […]
Continue ReadingThe commencement of domestic production of petroleum products by Dangote Refinery, the restart of Port Harcourt, and Warri Refineries is […]
Continue ReadingThe naira appreciated against the dollar at both official and black markets on Tuesday to end 2024 on a positive […]
Continue ReadingThe Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPCL, Mele Kyari, has dismissed skeptics who doubt […]
Continue ReadingThe Nigerian stock market, on Monday, recorded a significant gain of N987 billion, or 0.99 percent, in a single day. […]
Continue ReadingThe naira depreciated against the dollar at official and parallel foreign exchange markets barely 24 hours to 2025. FMDQ data […]
Continue ReadingThe 125,000 barrels per day Warri Refining and Petrochemicals Company, WRPC has commenced operations. Mele Kyari, the Group Chief Executive […]
Continue ReadingPresident Bola Ahmed Tinubu has said the restart of operation at the Warri Refinery on Monday has brought joy to […]
Continue ReadingFCMB Group Plc (“FCMB Group” or the “Group”), a leading financial services group, is pleased to announce the successful completion […]
Continue ReadingThe Nigerian National Petroleum Company has said that President Bola Ahmed Tinubu has the final say on the purported exit […]
Continue ReadingThe Washington-based World Bank has disbursed a $1.5 billion foreign loan to Nigeria as part of the federal government’s effort […]
Continue ReadingThe Centre for the Promotion of Private Enterprise, CPPE, says Nigeria’s inflation may moderate slightly in 2025. The Executive Director […]
Continue ReadingThe Nigerian Naira has been projected to depreciate to N1,804 per dollar fair value at the official market in 2025. […]
Continue ReadingThe Washington-based World Bank has revealed that inefficiencies in public spending are costing Nigeria and other developing nations a significant […]
Continue ReadingThe naira appreciated against the dollar at the foreign exchange market upon resumption of work after the Christmas holidays. FMDQ […]
Continue ReadingChina’s central bank revealed on Friday that it has renewed a bilateral currency swap agreement with its counterpart in Nigeria, […]
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