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 foreign trade, comprising imports and exports, reached N31.810.56 billion in the first quarter of 2024, according to the latest […]
Continue ReadingCrude oil exports accounted for 80.80 percent of Nigeria’s export figure in the first quarter of 2024, according to the […]
Continue ReadingThe Nigerian economy is projected to expand significantly, reaching $1.85 trillion by 2029 in Purchasing Power Parity (PPP) terms, according […]
Continue ReadingFollowing the revocation of Heritage Bank’s operating license by the Central Bank of Nigeria (CBN), reality star Mercy Eke has […]
Continue ReadingAbuja, Nigeria – The Nigerian government has disclosed that Binance, a prominent cryptocurrency platform, generated a turnover exceeding $20 billion […]
Continue ReadingJune 4, United Nations Headquarters – Global public debt surged to an unprecedented $97 trillion in 2023, with developing countries […]
Continue ReadingThe Central Bank of Congo (BCC) has mandated that all Electronic Payment Terminals (EPTs) in the Democratic Republic of Congo […]
Continue ReadingGhana has secured a major financial boost for its development aspirations, inking a $2 billion framework arrangement with South Korea’s […]
Continue ReadingThe Tripartite Committee on Minimum Wage has resumed discussions regarding a new minimum wage for workers in Nigeria. The talks […]
Continue ReadingBillionaire Businessman, Femi Otedola has accused Jim Ovia, Chairman of Zenith Bank Plc of fraudulently using an account belonging to […]
Continue ReadingSouth Korean President Yoon Suk Yeol committed to fostering shared growth, sustainability, and solidarity during the closing day of the […]
Continue ReadingThe latest CBN’s revocation order on Heritage Bank’s operating license and subsequent appointment of NDIC as liquidator of its assets […]
Continue ReadingAbuja, June 5, 2024 – The Central Bank of Nigeria (CBN) has officially lifted its ban on onboarding new customers […]
Continue ReadingJune 3, 2024 – Abuja In a decisive move to uphold the integrity of Nigeria’s financial system, the Central Bank […]
Continue ReadingThe Central Bank of Nigeria (CBN) is experiencing operational disruptions following the mass dismissal of over 600 staff since March […]
Continue ReadingChina is closely monitoring the progress of Zambia’s debt restructuring negotiations and remains committed to supporting the nation through its […]
Continue ReadingIn a significant development, the Federal High Court in Abuja has granted bail to Mrs Chioma Okoli in the sum […]
Continue ReadingBeijing, China – Egypt and China signed agreements on Wednesday to deepen their cooperation during President Abdel-Fattah el-Sissi’s visit to […]
Continue ReadingLagos, Nigeria – Nigerian digital bank for small businesses, Brass, has been acquired by an investment group spearheaded by Paystack. […]
Continue ReadingAbuja, Nigeria – Nigeria’s Minister of Finance, Wale Edun, announced on Tuesday that the country is now financially stable enough […]
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