MTN Nigeria N5.2tn Revenue Drives Non-Oil Economy Growth
MTN Nigeria reported service revenue of N5.2 trillion for its 2025 financial year, underscoring its role as a major contributor […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
BEDC One-Month Power Outage in Edo for TCN Maintenance
The Benin Electricity Distribution Company (BEDC) has announced a planned, month-long electricity disruption for multiple communities in Edo State, scheduled
Nigeria-Israel Reaffirm Ties on Security, Technology, Health
Nigeria and Israel have reaffirmed their commitment to deepening bilateral cooperation, with high-level discussions focusing on security, health, technology, and
AEDC vows to end blackouts in four states by next year
Abuja Electricity Distribution Company (AEDC) has announced a targeted plan to eliminate prolonged power outages across its operational areas by
Nigeria-EU to Strengthen Research Financing for Innovation
The Nigerian government is advancing plans to bolster research financing and international partnerships to accelerate the commercialisation of innovations and
African Business News
ECB Books Third Straight Loss Due to Interest Rate Hikes
The European Central Bank (ECB) reported a loss of 1.25 billion euros ($1.47 billion) for 2025, marking its third consecutive
African Business News
Nvidia Earnings Spark Mixed Markets Amid AI Concerns
Global stock markets traded in mixed directions on Thursday as investors assessed corporate earnings, with chip giant Nvidia’s results taking
Ajaokuta Free Trade Zone License Secured for Steel Revival
Kogi State has obtained final licensing for the Ajaokuta Economic City Free Trade Zone, a major step in Nigeria’s long-stalled
African Business News
Ronaldo Buys Stake in Spanish Second-Division Almeria
Cristiano Ronaldo has acquired a 25 per cent stake in Spanish second-division club UD Almería, marking a significant expansion of
African Business News
Stellantis $26B Loss: EV Demand Slump Forces Gas Shift
Stellantis, the automaker behind Jeep, Fiat, and other brands, reported a net loss of 22.3 billion euros ($26.3 billion) for
IMF: US $38T Debt Risks Global Economy, Urges Deficit Cut
The International Monetary Fund (IMF) has projected that U.S. public debt will reach 140% of the nation’s GDP by 2031
NESI Week 2026 Launch for Nigeria Power Reforms, Clean Energy
Stakeholders in Nigeria’s electricity sector have launched NESI Week 2026, a coordinated national platform aimed at addressing systemic challenges through