African Business News

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

FCCPC summons MultiChoice over fresh hike on DStv, Gotv subscriptions, threatens sanctions

BREAKING: FCCPC to arraign MultiChoice Nigeria CEO for obstructing investigation 

By Ifunanya / June 24, 2025

The Federal Competition and Consumer Protection Commission (FCCPC) will arraign MultiChoice Nigeria Limited, Chief Executive Officer, John Ugbe and other […]

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Nigeria-Brazil deepens strategic partnership on livestock production, treatment

Nigeria-Brazil deepens strategic partnership on livestock production, treatment

By Ifunanya / June 24, 2025

Nigeria’s livestock sector is set to receive a boost, following fresh commitments from the Nigerian government to unlock its economic […]

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European gas prices drops after Iran-Israel ceasefire

European gas prices drops after Iran-Israel ceasefire

By Ifunanya / June 24, 2025

The price of European natural gas dropped significantly amid signs of easing tensions in the Middle East, after a ceasefire […]

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China sets new solar record – data — RT Business News

China Sets New Record for Monthly Solar Power Installations Amid Looming Policy Changes and Trade Pressures

By Ifunanya / June 24, 2025

China has set a new record for monthly installed solar power capacity, with a staggering 93 gigawatts of solar panels […]

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46 investors push Nigerian stock market to N279bn gain

46 investors push Nigerian stock market to N279bn gain

By Ifunanya / June 24, 2025

Nigeria’s Minister of Finance, Wale Edun, said federal government revenue rose to N6.9 trillion in the first quarter of 2025 […]

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NNPCL names new senior management team

Nigeria’s Missing N210 Trillion Oil Funds Sparks Transparency Concerns

By Ifunanya / June 24, 2025

Nigeria’s Oil Giant Embroiled in Billion-Dollar Scandal A staggering N210 trillion has gone missing from the Nigerian National Petroleum Company […]

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Calvin Klein files to restore trademark in Russia — RT Business News

Calvin Klein Seeks to Reestablish Brand in Russia Amid Sanctions and Diplomatic Thaw

By Ifunanya / June 24, 2025

In a significant move, US fashion brand Calvin Klein has filed an application to re-register its trademark in Russia, more […]

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Naira records highest appreciation against dollar since Trump's tarrif pause

Naira appreciates against dollar in black market

By Ifunanya / June 24, 2025

The naira appreciated against the dollar at the parallel foreign exchange market to kick off the week on a good […]

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Flutterwave powers business growth in Cameroon with fully licensed payment services

Flutterwave powers business growth in Cameroon with fully licensed payment services

By Ifunanya / June 23, 2025

Flutterwave, Africa’s leading financial technology company, is reinforcing its commitment to businesses in Cameroon with a comprehensive suite of digital […]

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Russia and Cuba to launch logistics hub in Gulf of Mexico — RT Business News

Russia and Cuba to Establish Joint Logistics Hub in mariel port to boost latin american trade ties

By Ifunanya / June 23, 2025

Russia is looking to strengthen its trade ties with Latin America through a strategic partnership with Cuba. The two nations […]

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EU commits €1bn to support AfCFTA implementation

EU commits €1bn to support AfCFTA implementation

By Ifunanya / June 23, 2025

The Head of Cooperation at the Delegation of the European Union (EU) to Nigeria and ECOWAS, Mr. Massimo De Luca, […]

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

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

By Ifunanya / June 23, 2025

Nigerian petroleum product marketers have increased the price of motor spirit two consecutive times in less than one week. Media […]

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Transparency in PIA can unlock investment in oil sector - Stakeholders assess NUPRC

Transparency in PIA can unlock investment in oil sector – Stakeholders assess NUPRC

By Ifunanya / June 23, 2025

Experts and civil society representatives have asserted that the effective implementation of the Petroleum Industry Act, PIA, could unlock long-term […]

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NNPCL names new senior management team

NNPCL increases fuel price – Media Talk Africa Nigeria

By Ifunanya / June 23, 2025

The Nigerian National Petroleum Company Limited, NNPCL, has increased its premium motor spirit price. Media Talk Africa correspondent who went […]

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Israel, Iran War: Global oil price surge sparks fear of Nigerian petrol affordability

Israel-Iran: Global oil price rises by near 3% after US strike

By Ifunanya / June 23, 2025

Global oil prices spiked by over 2 percent after the United States of America bombed Iran’s three nuclear sites. Oilprice.com […]

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War: Oil prices to skyrocket again as US joins Israel against Iran

US Strike on Iran Sparks Fears of Soaring Oil Prices and Escalating Middle East Conflict

By Ifunanya / June 22, 2025

Global Oil Prices Set to Soar as US Enters Israel-Iran Conflict In a dramatic escalation of the Middle East conflict, […]

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Nigerian govt secures London Heathrow Airport slot for Air Peace - Keyamo 

Nigerian govt secures London Heathrow Airport slot for Air Peace – Keyamo 

By Ifunanya / June 22, 2025

Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has explained how the country secured a Heathrow slot for its […]

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BREAKING: Again, Dangote refinery slashes petrol prices nationwide

Dangote Refinery partner, MRS filling station increases fuel price

By Ifunanya / June 22, 2025

Dangote Refinery partner, MRS filling stations, has increased its premium motor spirit pump price. MRS disclosed this in a new […]

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Russia on verge of recession – minister — RT Business News

Russia on Brink of Recession Amid Sanctions and Economic Cooling

By Ifunanya / June 21, 2025

Russia’s economy is teetering on the edge of a recession, according to Economic Development Minister Maksim Reshetnikov. Despite showing remarkable […]

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Naira continues depreciation against dollar

Naira Appreciates Against Dollar After Three-Day Depreciation Streak

By Ifunanya / June 21, 2025

Naira Sees Uptick Against Dollar, Breaking Three-Day Slide In a welcome turn of events, the Nigerian naira experienced a significant […]

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