African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigerians have expressed outrage over President Bola Tinubu’s government’s decision to allocate N90 billion for the subsidization of the 2024 […]
Continue ReadingThe Central Bank of Nigeria (CBN) has made a significant move to boost trade and payment services transactions on the […]
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Manufacturers in Nigeria are calling on the Federal Government to provide subsidies to the production industry in order to combat […]
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March 29, 2024 The Nigeria Sovereign Investment Authority (NSIA ) has released its 2023 financial results. The Authority’s total operating […]
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March 29, 2024 The naira will sustain ongoing rally at both official and parallel markets as dollar liquidity rises, Managing […]
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The Central Bank of Nigeria is taking a proactive approach to monitor the recapitalization of the Nigerian banking sector in […]
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The Naira has held steady at an exchange rate of N1,300 against the US Dollar as the official foreign exchange […]
Continue ReadingThe Nigeria Sovereign Investment Authority, responsible for managing the country’s Sovereign Wealth Fund, has just announced a staggering 1,122% increase […]
Continue ReadingBank mergers are on the horizon in Nigeria, as the Central Bank of Nigeria (CBN) has recently announced a significant […]
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As a data scientist at the University of Hull’s Energy and Environmental Institute in England, Olabode Adebola sheds light on […]
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March 28, 2024 The Central Bank of Nigeria (CBN) has unveiled a significant increase in minimum capital requirements for all banks operating […]
Continue ReadingRenowned American entrepreneur and cryptocurrency mogul, Sam Bankman-Fried, has been handed a hefty 25-year prison sentence for his role in […]
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March 28, 2024 Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion […]
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The cost of cement has seen a significant decrease of 22% to 26% for a 50kg bag in the Federal […]
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March 28, 2024 The detained Binance executive, Tigran Gambaryan, has sued the National Security Adviser (NSA) Nuhu Ribadu, and the Economic […]
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In February 2024, Nigeria saw a significant increase in the average cost of a healthy diet, with individuals now spending […]
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Guaranty Trust Bank (GTBank) Uganda is undergoing a significant transformation, as it transitions from a Tier 1 Commercial Bank to […]
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President Bola Tinubu has taken a significant step in reshaping Nigeria’s economic landscape by establishing two key bodies aimed at […]
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March 28, 2024 Actress Eniola Ajao has succumbed to pressure following the backlash and criticism from netizens for awarding Bobrisky as […]
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March 28, 2024 Global body, ECOCERT, has renewed its certification of WACOT to export organic sesame produced in Nigeria. The organic sesame […]
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