African Business News

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

Stock Markets Fall As Trade Relief Fades, Eyes On Data, Earnings

Stocks Fall on Tariff Concerns as Focus Shifts to Fed, Earnings

By Ifunanya / July 29, 2025

Global stock markets retreated Tuesday as optimism over recent U.S. trade agreements with the European Union and Japan gave way […]

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Russia bans all gasoline exports — RT Business News

Russia Bans Gasoline Exports Through Aug to Stabilize Domestic Market

By Ifunanya / July 29, 2025

Russia has enacted a comprehensive ban on gasoline exports, expanding restrictions to include all petroleum producers in an effort to […]

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Oil Rises After US-EU Tariff Deal

Oil Prices Rally as US-EU 15% Tariff Deal Eases Trade War Concerns

By Ifunanya / July 29, 2025

Oil prices climbed moderately on Monday as markets responded to eased trade tensions between the United States and the European […]

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Eterna Plc Reports 71% Revenue Growth, Ratifies New Leadership At 32nd AGM

Eterna Plc Reports 71% Revenue Growth, Ratifies New Leadership At 32nd AGM

By Ifunanya / July 29, 2025

Eterna Plc has reported a strong financial turnaround for the fiscal year ended December 31, 2024, posting a 71% increase […]

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NIMC Denies Affiliation With ‘Nigerians Selling BVN, NIN’ To Fintech Firms

NIMC Denies Affiliation With ‘Nigerians Selling BVN, NIN’ To Fintech Firms

By Ifunanya / July 29, 2025

The National Identity Management Commission (NIMC) has denied and condemned reports doing the rounds, linking it with some individuals allegedly […]

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EU Accuses Temu Of Breaking Digital Rules

EU Accuses Temu Of Breaking Digital Rules

By Ifunanya / July 29, 2025

The European Union accused Chinese-founded online shopping giant Temu on Monday of breaching the bloc’s digital rules by not “properly” […]

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French PM Slams EU-US Trade Deal As 'Submission'

French PM Slams EU-US Trade Deal As ‘Submission’

By Ifunanya / July 29, 2025

  French Prime Minister Francois Bayrou on Monday slammed a weekend trade deal between the United States and the European […]

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Spanish PM Says Backs EU-US Trade Deal 'Without Any Enthusiasm'

Spanish PM Says Backs EU-US Trade Deal ‘Without Any Enthusiasm’

By Ifunanya / July 29, 2025

  Spanish Prime Minister Pedro Sanchez said Monday he backed a European Union trade deal with the United States but […]

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Ifon-Ilobu Crisis: Osun APC seeks President Tinubu's intervention

Food price cut: Nigerian farmers slam Tinubu for encouraging rice, maize imports

By Ifunanya / July 29, 2025

Nigerian farmers have raised concerns over the takeover of imported rice and maize in the country’s markets at the expense […]

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US tariffs to cost German car giants over €10bn – study — RT Business News

German Carmakers Lose €10B to US Tariffs Amid EU Deal Backlash

By Ifunanya / July 29, 2025

Germany’s auto industry faces a €10 billion ($11.6 billion) blow to cash flow in 2023, driven primarily by U.S. trade […]

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