African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
March 1, 2024 The CBN invoked its powers under the Bank and Other Financial Institutions Act (BOFIA) 2020, Act No. […]
Continue ReadingMTN Nigeria Plc, one of the leading telecom operators in the country, faced a significant financial setback in 2023. The […]
Continue ReadingThe Nigerian government has fined Binance $10 billion as its crackdown on the crypto exchange platform escalates. The development comes […]
Continue ReadingThe Central Bank of Nigeria has announced its plan to sell N1.64 trillion worth of Treasury Bills in the second […]
Continue ReadingFebruary 29, 2024 President Bola Ahmed Tinubu has directed cement companies in Nigeria to reverse the recent hike in the […]
Continue ReadingFeb 28, 2024 ….decry increases in prices of packaging materials and multiple taxes …..Say ‘pure water’ may soon sell for […]
Continue ReadingTelecommunications companies say no extension exists for the National Identity Number and Subscribers Identification Module linkage deadline. Gbenga Adebayo, Chairman […]
Continue ReadingThe Governor of the Central Bank of Nigeria, Olayemi Cardoso, has vowed to pursue an aggressive regulatory environment to reduce […]
Continue ReadingNissan is planning to launch a self-driving taxi service in Japan in the financial year starting April 2027, the auto […]
Continue ReadingThe National Bureau of Statistics, NBS, says Cross River, Jigawa, and Zamfara states have the highest prices of 12.5kg of […]
Continue ReadingThe Nigeria Exchange Limited continued its bearish trend on Wednesday as investors recorded a N700,000 billion loss, 24 hours after […]
Continue ReadingManufacturers Association of Nigeria, MAN, has asked the Federal Government to support local producers to further strengthen the economy and […]
Continue ReadingNaira has returned to its appreciation against the US dollar in the foreign exchange market amid the restriction of Binance, […]
Continue ReadingFebruary 28, 2024 Horrified Coinbase users have shared their shock at discovering their accounts on the crypto trading app wiped […]
Continue ReadingFeb 28, 2024 Shanties that were erected by the rail tracks in Lagos were cleared yesterday by the state government […]
Continue ReadingFeb 28, 2024 A total of about 11.2 million active Subscriber Identity Module (SIM) cards that are yet to be […]
Continue ReadingFebruary 28, 2024 Two senior executives at Binance have been detained in Nigeria. According to Financial Times (FT), a UK-based […]
Continue ReadingFebruary 28, 2024 The House of Representatives on Wednesday, February 28, resolved to investigate why MultiChoice Nigeria has failed to remit about […]
Continue ReadingParts of Abuja, Nigeria’s capital, are experiencing blackout and drop in power supply on Wednesday over the vandalization of Transmission […]
Continue ReadingFebruary 28, 2024 Brace yourself for the turbulent truth. Although they’re called the friendly skies, jet-setting off into the clouds […]
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