African Business News

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

South Africa

Ramaphosa: South Africa Negotiates to Avoid US Tariffs

By Ifunanya / August 1, 2025

South Africa scrambled for a trade lifeline as U.S. tariffs loom President Cyril Ramaphosa is leveraging a week-long respite in […]

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Tinubu describes coalition as 'political IDPs'

Sabotage Alert: Powerful Individuals Target NNPCL; Tinubu Urged to Act

By Ifunanya / August 1, 2025

Oil Firm Sabotage Plot Alleged, Nigerian Admin Urged to Intervene A plot aimed at undermining the Nigerian National Petroleum Company […]

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ExxonMobil Reports 23.4% Drop In Profits On Lower Crude Prices • Channels Television

Exxon Q2 Profits Drop, Shares Rise

By Ifunanya / August 1, 2025

ExxonMobil Profits Drop Amidst Lower Crude Prices; Company Bullish on Growth Projects Oil and gas behemoth ExxonMobil announced a decline […]

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Eurozone Inflation Unchanged At 2% In July • Channels Television

Eurozone Inflation Unchanged at 2.0%

By Ifunanya / August 1, 2025

EUROZONE INFLATION STEADY IN JULY AT 2.0% In a surprise development, Eurozone inflation remained stable in July, official data from […]

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GTCO Completes GDR Delisting From London Stock Exchange • Channels Television

GTCO Delists GDRs, Dual-Lists on LSE

By Ifunanya / August 1, 2025

Nigeria’s Guaranty Trust Holding Company Completes London Listing Transition In a strategic shift aimed at simplifying its capital structure and […]

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CBN clarifies mass redeployment of staff

CBN Clarifies Staff Redeployment: Not Politically Motivated

By Ifunanya / August 1, 2025

Central Bank of Nigeria Dispels Political Motives Behind Staff Redeployment The Central Bank of Nigeria (CBN) has firmly refuted suggestions […]

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'Balance Economic Growth, Energy Security With Global Transition', SPE Nigeria Tells FG  • Channels Television

SPE Nigeria: Balancing Growth, Security, & Low-Carbon Energy

By Ifunanya / August 1, 2025

Nigeria’s Energy Future: Balancing Growth, Security, and the Low-Carbon Transition In a significant call to action, the Society of Petroleum […]

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FG To Partner With State Govt, Developers On Affordable Housing Projects • Channels Television

Nigeria Launches State-by-State Housing Campaign

By Ifunanya / August 1, 2025

Nigeria Unveils Ambitious State-By-State Housing Campaign In a significant move to address the housing deficit, Nigeria’s Minister of Housing and […]

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China Manufacturing Sinks Again In July As US Trade Talks Stall • Channels Television

China’s July Factory Output Slumps to 4-Month Low

By Ifunanya / August 1, 2025

china’s factory output contracts again, raising concerns about cooling demand Official data released on Thursday showed that China’s manufacturing sector […]

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Naira bounces back, appreciates against dollar

Naira Gains at Official Market; Slides at Black Market

By Ifunanya / August 1, 2025

Nigeria’s Naira Rebounds at Official Markets, Slides at Black Market The Nigerian naira staged a comeback at the official foreign […]

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