African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Governor Babajide Sanwo-Olu of Lagos State has introduced a groundbreaking initiative to alleviate the economic strain on residents amidst rising […]
Continue ReadingAs the April 2024 deadline set by the Central Bank of Nigeria approaches, the registration for Bank Verification Number (BVN) […]
Continue ReadingThe Naira, Nigeria’s currency, closed out the week on a high note as it continued to strengthen against the US […]
Continue ReadingMarch 15, 2024 Kogi, Rivers, Oyo and Bauchi states have ranked the highest in food and all items inflation between […]
Continue ReadingAccording to the latest report from the National Bureau of Statistics (NBS), three states in Nigeria are facing the highest […]
Continue ReadingMarch 15, 2024 The National Bureau of Statistics (NBS) on Friday, March 15, said inflation rate soared from the 29.90% […]
Continue ReadingThe Nigerian Naira continued its upward trend against the US dollar, with a 50% surge in USD supply reaching $248.75 […]
Continue ReadingIn February, Nigeria saw a significant increase in food inflation, reaching 37.92% compared to 35.41% in January 2024, reflecting the […]
Continue ReadingNigeria’s headline inflation reached a record high of 31.70% in February 2024, up from 29.90% in January 2024, driven by […]
Continue ReadingNigeria has seen a significant increase in revenue from Company Income Tax (CIT) and Value Added Tax (VAT) in the […]
Continue ReadingNigeria’s Company Income Tax (CIT) took a significant hit in the fourth quarter of 2023, dropping by 35.40% to N1.13 […]
Continue ReadingThe Chairman of the House Committee on Shipping Services, Abdussamad Dasuki, has announced plans to establish a maritime bank in […]
Continue ReadingThe federal government has announced a groundbreaking proposal for a $1 billion investment in the rehabilitation of the nation’s ports, […]
Continue ReadingThe Nigerian Export Promotion Council (NEPC) is setting its sights on a lofty goal – to elevate the value of […]
Continue ReadingFinancial analyst Kalu Aja has weighed in on the ongoing conflict between the Nigerian government and cryptocurrency platform Binance, suggesting […]
Continue ReadingPresident Bola Tinubu has made a historic decision by appointing Dr. Temitope Ilori as the new Director General of the […]
Continue ReadingMarch 14, 2024 The board of Access Holdings Plc on Wednesday announced the appointment of Mr. Aigboje Aig-Imoukhuede as its […]
Continue ReadingThe Transmission Company of Nigeria, TCN, has taken a significant step towards enhancing power supply in Kano with the commissioning […]
Continue ReadingThe Nigerian government is gearing up for a significant financial move by enlisting the help of top global investment banks […]
Continue ReadingIn February 2024, Nigeria faced a significant challenge with its electricity supply, as the available generated electricity dropped to a […]
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