African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria’s Parliament Orders Reverse of Electricity Tariff Hike for Band A Customers The Nigerian House of Representatives has ordered the […]
Continue Reading
In a sudden move, American financial technology company, Mercury, has announced plans to terminate the accounts of businesses based in […]
Continue Reading
Nigeria’s Central Bank Raises Interest Rate to Tackle Inflation The Central Bank of Nigeria (CBN) has announced a significant increase […]
Continue Reading
Imo State and Digital SME Launch Digital Skills Initiative The Imo State Government in Nigeria has partnered with the European […]
Continue Reading
Nigeria Proposes 50% Windfall Tax on Banks’ Foreign Exchange Gains to Balance Economy In a move aimed at recovering losses […]
Continue Reading
Nigerian Enamelware Records Post-Tax Loss of N2.6bn, Revenue Jumps 216% Nigerian Enamelware PLC, a manufacturer of enamelware, plastic products, and […]
Continue Reading
Kano Electricity Distribution Company Urges Manufacturers to Settle Dispute Peacefully The Kano Electricity Distribution Company (KEDCO) has appealed to the […]
Continue Reading
Federal High Court Dismisses Suit Against Kano Electricity Tariff Hike In a landmark ruling, the Federal High Court sitting in […]
Continue Reading
Dangote Refinery Seeks Crude Oil Imports from Libya and Angola Amid Nigerian Supply Challenge In a bid to overcome a […]
Continue Reading
Dangote Calls for Revival of Anchor Borrowers’ Programme to Boost Farmers’ Businesses In a recent visit to his fertiliser plant, […]
Continue Reading
Dangote Group Abandons Nigerian Steel Industry Amid Monopoly Fears Aliko Dangote, the Chairman of Dangote Group, has announced that his […]
Continue Reading
Africa’s Richest Man Denies Monopoly Accusations Aliko Dangote, the renowned African billionaire, has refuted allegations of monopoly against his group […]
Continue ReadingDangote Refinery Dismisses Claims of Inferior Products, Blames Regulatory Authority Africa’s richest man, Aliko Dangote, has rejected claims by the […]
Continue Reading
Nigeria’s Infrastructure Deficit: Minister Urges Robust Investment to Boost Economy In a bid to address the country’s crippling infrastructure deficit, […]
Continue Reading
Nigeria’s External Reserves Surge to $36.89 Billion Amid Central Bank’s Policy Interventions Abuja, Nigeria – The Governor of the Central […]
Continue Reading
Nigerian Naira Under Pressure as Summer Holiday Demand for Foreign Currencies Surges The Nigerian Naira is facing intense pressure due […]
Continue Reading
Nigeria’s Central Bank Sets Ambitious Target of $1 Trillion Economy by 2030 The Central Bank of Nigeria (CBN) has announced […]
Continue Reading
Nigeria Fines Meta $220 Million for Data Breaches and Consumer Rights Violations In a major blow to social media giant […]
Continue Reading
Nigeria’s Central Bank Sold $110 Million in Foreign Currencies to Bureau De Change Operators The Central Bank of Nigeria (CBN) […]
Continue ReadingGlobal IT Outage Brings Chaos to Airlines, Media, and Banks A widespread IT outage has brought chaos to the world, […]
Continue Reading