African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
The Nigerian currency, the naira, has shown signs of strength against the US dollar in recent days, both in official […]
Continue ReadingBitcoin mining businesses achieved a remarkable milestone in March, generating a staggering $2 billion in monthly revenue from block rewards […]
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April 2, 2024 The 650,000 barrels per day Dangote Petroleum Refinery has pegged a minimum of one million litres of Automotive Gas […]
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The Nigeria Deposit Insurance Corporation (NDIC) is unwavering in its dedication to holding accountable those responsible for the collapse of […]
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Four major Nigerian banks, including United Bank for Africa, Zenith Bank, Stanbic IBTC, and Wema Bank, have announced that they […]
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Most power plants in Nigeria are operating well below their full capacity, contributing to the country’s ongoing struggle with unreliable […]
Continue ReadingNigerian Banks Face Uncertainty as CBN Raises Minimum Capital Requirements In a move that has sent shockwaves through the Nigerian […]
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The Advertising Regulatory Council of Nigeria (ARCON) has recently implemented new regulations that have sparked controversy within the advertising and […]
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April 1, 2024 Air Peace Airlines’ Chief Executive Officer (CEO) Allen Onyema has announced the airline is prepared to start […]
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A recent study has revealed that the removal of fuel subsidies, rather than the increase in money supply, is the […]
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The Nigerian Railway Corporation (NRC) had a successful year in 2023, generating a total revenue of N6,071 billion from various […]
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The recent decision by the Central Bank of Nigeria to recapitalize banks has received support from the Centre for the […]
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April 1, 2024 The National Association of Block moulders of Nigeria (NABMON) has urged the Federal Government to reduce import duties on […]
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April 1, 2024 It would no longer be business as usual with licensees of National Identity Management Commission (NIMC) expected […]
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The Ekiti Patriotic Consultative Forum, a socio-political pressure group, has taken legal action against the State Government in a bid […]
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Governor Abdullahi Sule of Nasarawa State is on a mission to transform the state’s economy by focusing on agriculture and […]
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April 1, 2024 In a surprising announcement on Monday, billionaire entrepreneur Elon Musk took to his X handle to declare […]
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April 1, 2024 A 38-year-old physically challenged man named Adamu Ileyasu has been apprehended by police officers while en route […]
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The Nigerian stock market has seen impressive growth in the first quarter of 2024, despite facing economic challenges. According to […]
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The Nigerian federal government is taking proactive measures to combat pipeline vandalism and crude oil theft by implementing a new […]
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