UAE $70bn Renewable Investment in Africa at AU Summit
The United Arab Emirates has intensified its strategic engagement with African nations, announcing major investments and cooperative initiatives during the […]
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.
Tax Reforms Drive Nigeria’s Economy at G-24 Meeting
The ongoing tax reforms in Nigeria will support the country’s transition to a more efficient modern economy, according to Iyabo
#YouthEmpowered 2026: NBC Trains Nigerian Youth for Workplace Success
Nigerian Bottling Company Ltd (NBC), a member of The Coca-Cola Hellenic Bottling Company (Coca-Cola HBC) Group, has launched the 2026
NPA: 18 Ships Offload Petroleum, Goods at Lagos Ports
The Nigerian Ports Authority (NPA) reported significant maritime activity at Lagos ports, with 18 vessels currently discharging a diverse range
Jigawa Plants 10,000 Improved Date Palms for Export Expansion
Jigawa State Government has announced a strategic initiative to plant 10,000 improved date palm trees, targeting export expansion to enhance
China extends zero-tariff to Africa May 1, except Eswatini
China will implement a zero-tariff policy for imports from all but one African nation starting May 1, President Xi Jinping
DHS Shutdown Over ICE Funding Dispute with Democrats
A partial shutdown of the U.S. Department of Homeland Security (DHS) began Saturday after Congress failed to pass a new
Nigerian Stocks Rally as Investors Gain N6.76trn Weekly
Nigerian stocks extended their strong start to the year, with investors gaining approximately N6.76 trillion on the Nigerian Exchange Limited
Dangote Refinery-Backed MRS hikes petrol price despite cut
MRS filling stations linked to Dangote Refinery have increased their retail petrol price in Abuja to N875 per litre, up
Nigeria FX Market Sorted Under Tinubu, Elumelu Confirms
Nigerian billionaire Tony Elumelu has relayed President Bola Tinubu’s appreciation for private sector initiatives supporting small and medium-sized enterprises (SMEs),
Elumelu hails Tinubu reforms ending forex scarcity
Tony Elumelu, chairman of Heirs Holdings and member of Nigeria’s Presidential Economic Council, has commended President Bola Tinubu’s economic reforms,
Naira Depreciates Against USD in Official Forex Market
The Nigerian naira weakened against the US dollar in the official foreign exchange market on Friday, closing the week on