African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
February 28, 2024 Kabiru Rabiu The Group Executive Director of BUA Group, Alhaji Kabiru Rabiu, has shed light on how the […]
Continue ReadingFeb 28, 2024 The Central Bank of Nigeria (CBN) yesterday announced a series of interventions in the economy, including the […]
Continue ReadingThe Nigerian National Petroleum Company Limited has assured Nigerians that the country’s energy scarcity will be over in the next […]
Continue ReadingOne kilogram of local rice surged by 98.47 per cent in January 2024 to N1,021.91 from N514.83 recorded in January […]
Continue ReadingThe Central Bank of Nigeria has resumed the sale of foreign currencies directly to eligible Bureau De Change Operators. CBN […]
Continue ReadingThe Central Bank of Nigeria has raised the monetary policy rate, known as the interest rate, by 400 basis points […]
Continue ReadingGovernor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, says more than $26 billion was funnelled through the cryptocurrency […]
Continue ReadingWorried by the alleged incidences of corruption and inefficiency at the Ajaokuta Steel Company Limited and the National Iron Ore […]
Continue ReadingThe Senate has set machinery in motion for amendment of the Central Bank of Nigeria, (CBN) Act, 2007, which will […]
Continue ReadingThe bears maintained their grip on the Nigerian Exchange on Tuesday, as the All-Share Index dipped 1.39 per cent . Investors lost N773bn underpinned on […]
Continue ReadingThe Centre for the Promotion of Private Enterprise says an interest rate hike by the Central Bank of Nigeria will […]
Continue ReadingAmid the current economic hardship, a Senior Advocate of Nigeria, SAN, Mike Ozekhome, has warned that the naira may exchange […]
Continue ReadingThe insufficient number of Compressed Natural Gas (CNG) filling stations poses a significant challenge to the adoption of CNG-powered vehicles. […]
Continue ReadingIn a positive turn of events, the Nigerian Naira continued its upward trajectory against the US Dollar in the foreign […]
Continue ReadingIn a significant move, the Federal Competition and Consumer Protection Commission (FCCPC) has issued a directive to the Jos Electricity […]
Continue ReadingA recent report revealed a concerning surge in the number of fake artificial intelligence (AI) news platforms, reaching a staggering […]
Continue ReadingThe Corporate Accountability and Public Participation Africa (CAPPA) is calling for a significant rise in the tax on Sugar-Sweetened Beverages […]
Continue ReadingNigeria’s manufacturing sector witnessed a decrease in its contribution to the Gross Domestic Product (GDP) to 8.23% in the fourth […]
Continue ReadingFebruary 26, 2024 A South Korean firm is offering employees up to $75,000 to have children and help lift the […]
Continue ReadingA split emerges in the baking industry as a faction within the community refuses to partake in a nationwide strike […]
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