Oil Prices React to Trump Iran Threats in Holiday Lull
Oil prices fluctuated Tuesday following renewed threats from U.S. President Donald Trump targeting Iran, providing a focal point for markets […]
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.
UK Unemployment Rate Rises to 5.2%, Five-Year High in Q4
Britain’s unemployment rate climbed to 5.2 percent in the final quarter of 2025, reaching its highest level in five years
Bank Customers Transfer After CBN Recapitalization Deadline
Dr. Uju Ogunbunka, President of the Bank Customers’ Association of Nigeria (BCAN), has assured depositors that their funds remain secure
VAT Removal Won’t Stop Nigeria’s High Rent, Cement Blamed
Nigerian real estate stakeholders have dismissed the removal of Value Added Tax (VAT) on land and rent as an ineffective
Nigeria Food Inflation Drops to Single Digits CPPE Reacts
Nigeria’s food inflation rate fell to 8.89 percent in January 2026, marking the first time it has dropped to single
Nigeria Customs Clarifies Exchange Rate Application from CBN
Nigeria Customs Service Affirms Exclusive Use of Central Bank Forex Rates in Valuation Process The Nigeria Customs Service (NCS) has
Dangote Refinery Misses 50m Petrol Target, Beats Imports
Nigeria’s Dangote Refinery fell short of its domestic petrol supply target in January 2026, delivering an average of 40.1 million
Nigeria’s Permanent AMI Board Seat for African Central Bank
The Central Bank of Nigeria (CBN) has secured a permanent seat on the Board of the African Monetary Institute (AMI),
African Business News
Senate Directs NCDC to Prioritise Agriculture, Security 2026
The Nigerian Senate has directed the North-Central Development Commission (NCDC) to focus its 2026 budget on agriculture and security, approving
African Business News
NDPC Probes Temu Over Alleged Data Protection Violations
The Nigeria Data Protection Commission (NDPC) has initiated a formal investigation into Temu, the global e-commerce platform, over suspected breaches
African Business News
European Stocks, Dollar Up in Subdued Asian Markets
European stocks and the U.S. dollar gained ground on Monday amid a truncated trading session in Asia, as markets in
African Business News
Nigeria Inflation Drops to 15.1% in January 2026
Nigeria’s inflation rate edged down to 15.1 per cent in January 2026 from 15.15 per cent in the previous month,