Sri Lanka Unveils $320M Subsidy to Offset Energy Costs for Farmers, Fishermen
Sri Lanka has unveiled a record $320 million relief package aimed at cushioning the impact of soaring energy costs on […]
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.
African Business News
DMO Announces 14.08% Interest Rate on April 2026 Savings Bonds
The Debt Management Office has set the interest rate on the April 2026 Federal Government Savings Bonds at up to
Thailand Considers Overnight Petrol Station Closures Amid Fuel Shortage Fears
Thailand is considering implementing overnight closures of petrol stations as early as April 20, Prime Minister Anutin Charnvirakul announced on
African Business News
Eterna Plc Reports 52.9% Profit Before Tax Growth in 2025 Financial Results
Eterna Plc has posted a strong financial performance for the full year ended 31 December 2025, with profit before tax
African Business News
Egypt Gas Discovery ENI 2 Trillion Cubic Feet Natural Resource Find
Egypt and Italian energy giant Eni have announced a significant natural gas discovery off the country’s Mediterranean coast, offering a
Flutterwave Receives Full CBN Banking License Today
Flutterwave has secured a banking license from the Central Bank of Nigeria (CBN), authorizing the payment technology provider to operate
Oyo Agripreneurs Secure ₦1.5bn Collateral-Free Loans
Oyo State Government and First City Monument Bank (FCMB) have disbursed ₦1.5 billion in collateral-free loans to 1,000 young agricultural
Middle East Energy Crisis Drives IEA IMF World Bank Action
The International Energy Agency, International Monetary Fund, and World Bank Group have launched a joint task force to monitor and
Fidelity Bank Recapitalisation Success Drives Growth
Fidelity Bank Plc has completed a comprehensive recapitalisation exercise, raising qualifying capital above the Central Bank of Nigeria’s N500 billion
Oil prices spike, stocks sink on Trump Iran speech
Global financial markets experienced heightened volatility following a prime-time address by U.S. President Donald Trump, as crude oil prices climbed
Bank Recapitalization Won’t Guarantee Real Sector Growth
The successful completion of the Central Bank of Nigeria’s bank recapitalization exercise will not automatically stimulate real sector growth or
CBN Bank Recapitalization Won’t Ensure Real Sector Growth
A successful recapitalization exercise in Nigeria’s banking sector will not automatically translate into increased lending or real sector growth, according