African Business News

Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.

Communal clash: Plateau govt urges security agencies to bring perpetrators to book

Plateau Debunks FIJ’s Late 2024 Financial Audit Claims

By Ifunanya / August 13, 2025

The Plateau State government has rejected claims by a Nigerian media organization that it failed to meet statutory deadlines for […]

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Grok AI Suspension Over Gaza Genocide Claims Sparks Musk Backlash

By Ifunanya / August 13, 2025

The AI chatbot Grok, developed by Elon Musk’s xAI and integrated into the social platform X, sparked confusion this week […]

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Asia Reacts To Trump Tariffs • Channels Television

Nikkei Soars to 2nd Record High on US Rate Cut Hopes, Asia Rallies

By Ifunanya / August 13, 2025

Asian markets rallied for a second consecutive day Wednesday, fueled by growing optimism that the U.S. Federal Reserve might lower […]

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Naira continues depreciation against dollar

Naira Slumps Against Dollar for 2nd Day Despite Reserves Gain

By Ifunanya / August 13, 2025

The Nigerian naira extended losses against the US dollar for the second straight trading day this week, deepening concerns about […]

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Nigerian petrol marketers give update on fuel price reduction 

Dangote Refinery Cuts Fuel Prices by N30, Deploys CNG Trucks

By Ifunanya / August 12, 2025

Dangote Petroleum Refinery, one of Africa’s largest oil refining complexes, has announced a reduction in the wholesale price of petrol […]

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Lawyer Demands Equal Legal Action for Ibom Air, KWAM 1 Airport Incidents

By Ifunanya / August 12, 2025

A Nigerian legal expert has urged authorities to ensure consistent enforcement of aviation laws following recent high-profile incidents involving a […]

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South Africa Proposes Trade Deal to Avoid US 30% Tariffs

By Ifunanya / August 12, 2025

South African officials unveiled plans to present a revised trade agreement to the United States this week, aiming to avert […]

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US Consumer Inflation Holds At 2.7% As Tariff Worries Persist

US Inflation Steady at 2.7% as Tariffs Drive Core Prices Higher

By Ifunanya / August 12, 2025

US consumer inflation remained steady in July, defying expectations of a slight uptick, even as mounting trade tensions and rising […]

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IFC partners with FCMB to empower Nigerian women entrepreneurs

FCMB and IFC Empower Nigerian Women Entrepreneurs via Goldman Sachs 10K

By Ifunanya / August 12, 2025

In a move to bolster economic opportunities for women-led businesses, Nigeria’s First City Monument Bank (FCMB) and the International Finance […]

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Alternative Bank & AMWMF Partner to Empower Traders, Farmers

By Ifunanya / August 12, 2025

A Nigerian financial institution is intensifying efforts to bridge the country’s financial inclusion gap by partnering with grassroots trade groups […]

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