Business

Oil sector reforms attract $24bn new capital –

  • 10th April 2026

Reforms attract over $10bn investment in upstream oil

  • 10th April 2026

FG begins assessment of $200bn integrated infrastructure proposal

  • 10th April 2026
CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown

CBN warns banks against excessive risk-taking after recapitalisation

  • 10th April 2026

Contact Info

Some Populer Post

US confirms visa bans on Nigeria’s religious freedom violators

featured
Hundreds of passengers stranded as Lufthansa pilot diverts Lagos-bound flight

Pilots fear retaliation for refusing Middle East flights

Aviation
OpenAI employees consider selling $6bn stock

OpenAI unveils $100 ChatGPT subscription plan amid rising demand

Tech
Instagram developing ‘Picks’ feature to connect users over shared interests

Instagram enhances content restrictions for teens in India

Tech

Tag: Africa

News

Nigeria named 5th best English-speaking African country

Nigeria has been ranked as the fifth best English-speaking country in Africa and 29th globally in the 2025 English Proficiency Index released by international education organisation, Education First. The ranking was published in the 2025 edition of the EF English Proficiency Index, which evaluated adult English language proficiency across 123 countries and regions worldwide. Education […]

80% of Nigeria pharmacies now prefer digital payment methods — Report
Finance

Nigeria emerges digital payments leader in Africa

Nigeria has emerged as a leading force in Africa’s rapidly expanding digital payments ecosystem, as instant payment systems across the continent processed transactions valued at nearly $2 trillion in 2024, according to a new report. The State of Inclusive Instant Payment Systems 2025 Report, released by the AfricaNenda Foundation in collaboration with the World Bank […]

News

Why African migrant workers still face abuse, descrimination globally – ITUC

The African Regional Organisation of the International Trade Union Confederation has warned that Africa’s migrant workers continue to endure widespread exploitation, abuse and insecurity despite the presence of regional and global protection frameworks. In a statement issued on December 18 and signed by the General Secretary of ITUC-Africa, Akhator Odigie, the organisation said Africa remains […]

Business

Diageo sells East African breweries stake to Japan’s Asahi Group

Diageo Plc, the British multinational alcoholic beverage corporation, has reached an agreement to sell its 65 percent controlling stake in East African Breweries Plc to the Japanese firm Asahi Group Holdings. This landmark transaction represents the largest entry by a Japanese brewing company into the African alcoholic beverage sector. The announcement, released on Wednesday, details […]

Oil and Gas

Nigeria launches Africa’s first gas market

The Federal Government of Nigeria officially launched Africa’s first gas trading market on a Thursday, marking a major step towards fully utilizing the country’s vast 209 trillion cubic feet of gas reserves. The launch took place at an event held in Abuja, according to Vanguard. The Nigerian Midstream and Downstream Petroleum Regulatory Authority and the […]

EU rules out fee for tech giants under digital markets act
Finance

EU launches €12m initiative to boost African ports

The European Union has launched a €12 million regional initiative aimed at boosting the safety, security, and operational performance of major sea ports across West and Central Africa. The project, known as SCOPE Africa – Securing Corridors, Ports and Exchanges in Western and Central Africa, was formally launched in Lomé, Togo, and is scheduled to […]

Ethiopia secures $3.4bn IMF loan after currency float
Business

Ethiopia to sign historic deal for Africa’s $29tr gas-by-rail project

Ethiopia is set to make history on Monday, December 8, 2025, when it signs a Host Country Collaborative Agreement with Insight Dynamic Resources to formally launch the Gas-by-Rail Economic Corridor Initiative. This signing marks the beginning of one of Africa’s most ambitious industrial and energy transformation projects. The GBR-ECI represents an unprecedented attempt to connect […]

News

S’African exporters shift focus to Africa amid US tariffs

South African agricultural exporters are expecting higher United States tariffs to persist as the diplomatic rift between Pretoria and Washington continues. In response, these exporters are actively seeking alternative markets on the African continent. Danie Dörfling, the head of business development at Moore Infinity, informed Business Times that liberalized trade policies could boost intra-Africa trade […]

Scams

Deepfake fraud surges 967% in Africa — Report

Africa’s digital economy is entering a new and more perilous phase as fraudsters abandon low-effort schemes for advanced, AI-driven tactics, with deepfake-based attacks recording explosive growth across several countries. This signifies an emerging era of high-skill fraud powered by synthetic media and automated deception tools. According to the newly released Sumsub Identity Fraud Report 2025–2026, […]

featured Helth

Africa unveils groundbreaking HIV prevention shot with 99.9% efficacy

South Africa, Eswatini, and Zambia were scheduled to commence on Monday the administration of a groundbreaking new HIV-prevention injection. This marks the drug’s first public rollouts in Africa, the continent with the world’s highest HIV burden. The drug, named Lenacapavir, is administered only twice a year. It has been scientifically shown to reduce the risk […]

Aviation

African airlines lead global air cargo growth in October

African airlines recorded the strongest growth in air cargo demand globally in October 2025, with volumes rising 16.6 per cent year-on-year. Capacity on the continent also expanded by 20% compared to October 2024, which reflects a significant operational expansion designed to meet the rising demand. This data was sourced from the International Air Transport Association […]

EU to criminalize AI-generated porn images, deepfakes
Energy

EU, S’Africa secure €15.5bn for African renewable energy

A year-long international campaign to fast-track renewable energy investment across Africa has closed with commitments totalling €15.5bn, driven predominantly by the European Union. The initiative, jointly led by the President of the European Commission, Ursula von der Leyen, and the South African President, Cyril Ramaphosa, seeks to expand clean-energy generation, improve electricity access for millions […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in