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 Inflation Rate Set to Rise in March 2024 As Nigeria braces for the release of its inflation rate for […]
Continue ReadingThe Central Bank of Nigeria (CBN) has made a bold move to strengthen the country’s financial system by increasing the […]
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Minister of Works, David Umahi, has clarified the cost of the Lagos-Calabar coastal highway project, refuting claims made by former […]
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Nigeria’s electricity supply saw a significant increase of 14.64% in the fourth quarter of 2023 compared to the previous year, […]
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In the Nigerian electricity supply industry, the number of unmetered electricity customers has decreased to 5.83 million in the fourth […]
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The Federal Government of Nigeria has recently made significant changes to the electricity tariff structure in an effort to improve […]
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The International Monetary Fund (IMF) has recently released a startling report revealing that financial institutions worldwide have suffered staggering losses […]
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The CEO of the Nigerian National Petroleum Company Limited, Mr Mele Kyari, emphasized the vital role of natural gas in […]
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The latest inflation figures from the United States have shown a significant increase, with the rate rising to 3.5 per […]
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Kaduna Electric, a leading electricity distribution company in Nigeria, has taken proactive measures to ensure uninterrupted power supply to its […]
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Alphabet, the parent company of Google, reached a historic milestone on Tuesday as its market value soared to a record […]
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The Minister of Power in Nigeria, Adebayo Adelabu, has made it clear that the government will not tolerate any electricity […]
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The Nigerian government has utilized funds from Nigerian Treasury Bills and Bonds issued in 2024 to settle Ways and Means […]
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Operating expenses for 10 Nigerian banks surged by 42.51% in 2023, reaching N3.23tn compared to N2.26tn the previous year, as […]
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The Nigerian Society of Engineers (NSE) is calling for strict penalties to be imposed on Electricity Distribution Companies (DisCos) that […]
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The World Bank has recently highlighted the persistent issue of inequality in Sub-Saharan Africa, ranking it as one of the […]
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The World Bank has forecasted a positive outlook for Nigeria and other African economies, with growth expected to reach 3.4 […]
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President Bola Ahmed Tinubu has remained silent as Nigerians face a 240 per cent increase in electricity tariffs, adding to […]
Continue ReadingThe Economic and Financial Crimes Commission (EFCC) has issued a stern warning to businesses in Nigeria, including schools, supermarkets, hotels, […]
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The Nigerian naira has been on a winning streak against the US dollar, with the Central Bank of Nigeria stepping […]
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