African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Abuja, Nigeria – Nigeria’s government has intensified efforts to clamp down on illegal mining activities, particularly targeting unlicensed miners involved […]
Continue ReadingHarare, Zimbabwe – Despite a catchy reggae tune praising Zimbabwe’s newest currency, the ZiG (Zimbabwe Gold), public mistrust persists. Released […]
Continue ReadingAbuja, Nigeria – The Nigerian military has reopened Banex Plaza in the Wuse 2 area of Abuja for business after […]
Continue ReadingAbuja, Nigeria – The Minister of Aviation and Aerospace Development, Festus Keyamo, has labelled the ‘Nigeria Air’ project, introduced by […]
Continue ReadingLagos, Nigeria – The United Bank for Africa (UBA) has reported a remarkable 143% increase in gross revenue, reaching a […]
Continue ReadingAbuja, Nigeria—The Securities and Exchange Commission (SEC) has announced its intention to release a framework guiding the capital market in […]
Continue ReadingAccra, Ghana – Ghana’s public debt experienced a significant rise of GH¢47.4 billion in the first two months of 2024, […]
Continue ReadingLagos, Nigeria – The prices of essential food items including rice, garri, beans, and yam have skyrocketed by over 130 […]
Continue ReadingIn a significant development amid ongoing economic difficulties, the Central Bank of Nigeria (CBN) has reportedly terminated the employment of […]
Continue ReadingThe Central Bank of Nigeria (CBN) has unveiled startling statistics indicating a remarkable surge in foreign exchange (FX) inflows into […]
Continue ReadingTensions in the French Pacific territory of New Caledonia have sent shockwaves through global nickel markets, with prices soaring in […]
Continue ReadingThe Central Bank of Nigeria has updated its regulatory guidelines for Bureau De Change operators. After consulting with stakeholders, the […]
Continue ReadingThe number of Kenyans using mobile money services dropped by 600,000 in the year ending December 2023, according to the […]
Continue ReadingThe Governor of the Central Bank of Nigeria, Olayemi Cardoso, has clarified that Nigerian banks are not facing pressure regarding […]
Continue ReadingThe governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, announced that the licenses of fintech companies such as […]
Continue ReadingA military personnel stationed at the Banex Plaza in the Wuse 2 area of Abuja has reportedly assaulted a woman, […]
Continue ReadingThe Central Bank of Nigeria (CBN) has increased the interest rate by 150 basis points, raising it from 24.75% to […]
Continue ReadingThe Registrar General (RG) of the Corporate Affairs Commission (CAC), Hussaini Magaji (SAN), has revealed that only 20 per cent […]
Continue ReadingFinancial experts have expressed concerns over the Central Bank of Nigeria’s (CBN) low net foreign exchange (FX) reserves and its […]
Continue ReadingLagos, Nigeria – The Chief Executive Officer of MTN Nigeria Communications, Mr. Karl Toriola, has addressed concerns regarding the remuneration […]
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