African Business News

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Economy: Why Nigerians shouldn’t expect Okonjo-Iweala to tell Tinubu ‘anything otherwise’ – Abati

Okonjo-Iweala’s Tinubu Support Diplomatic, Says Abati

By Ifunanya / August 15, 2025

A prominent Nigerian journalist has weighed in on recent debates over the state of the nation’s economy, urging citizens to […]

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Oil Rises After US-EU Tariff Deal

Stocks Stall as Inflation Surprise Meets US-Russia Oil Jitters

By Ifunanya / August 15, 2025

US stocks closed with minimal movement on Thursday as investors digested a higher-than-anticipated inflation report and rising oil prices ahead […]

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Naira depreciates against dollar across official, black markets after Easter holidays

Naira Strengthens Further Against Dollar in Official FX Market

By Ifunanya / August 15, 2025

Draft: The Nigerian naira extended its gradual strengthening against the US dollar in official trading on Thursday, marking a second […]

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Two next things Tinubu must do for the Nigerian economy — Okonjo-Iweala 

Okonjo-Iweala Urges Tinubu to Grow Economy, Boost Social Safety Nets

By Ifunanya / August 15, 2025

Ngozi Okonjo-Iweala, Director General of the World Trade Organization and former Nigerian finance minister, has outlined two critical priorities for […]

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EU pledges to maintain Russian sanctions — RT Business News

EU Stands Firm on Russia Sanctions Amid Ceasefire Speculation

By Ifunanya / August 15, 2025

The European Union has firmly denied reports suggesting a potential easing of sanctions against Russia in exchange for a ceasefire […]

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Israel-Iran war: Nigerian petrol marketers increase fuel price 2 times in 1 week

NNPCL Lowers Fuel Price by N55 in Abuja on Dangote Adjustment

By Ifunanya / August 14, 2025

Nigerians in the capital city of Abuja saw a welcome shift in fuel costs this week as the Nigerian National […]

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NNPCL sacks Port Harcourt, Warri, Kaduna MDs, others

EPAC: NNPC-FAAC Reconciliation Recovers $459M Oil Debt, Boosts Revenue

By Ifunanya / August 14, 2025

A major overhaul of revenue management practices in Nigeria’s oil sector has resulted in improved financial accountability and growing debt […]

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China hits back at EU over Russia sanctions — RT Business News

China Counters EU Sanctions With Lithuanian Bank Bans

By Ifunanya / August 14, 2025

China has imposed sanctions on two Lithuanian banks, escalating a diplomatic standoff with the European Union in response to the […]

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Tinubu, WTO’s Okonjo-Iweala Launch Fund for Nigerian Women Exporters

By Ifunanya / August 14, 2025

Nigerian President Bola Tinubu met with World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala in Abuja to discuss a new initiative […]

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Ajaokuta Steel Crisis: Tinubu Warns of Sovereignty Threat

By Ifunanya / August 14, 2025

Nigeria’s President Bola Tinubu has declared the prolonged stagnation of the Ajaokuta Steel Company a critical threat to national sovereignty, […]

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