African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Rice millers in Nigeria are facing challenges due to a shortage of paddy, hindering their ability to produce rice in […]
Continue ReadingThe Nigerian naira faced a sharp decline against the US dollar in the foreign exchange market amidst the Economic and […]
Continue ReadingIn a distressing revelation, the Chief of Army Staff, Lt General Taoreed Lagbaja, has expressed concern about corpses decomposing in […]
Continue ReadingFebruary 23, 2024 The Federal Government has moved against online platforms of Binance and other cryptocurrency firms over alleged manipulation […]
Continue ReadingAmid talk of ditching the West African franc, a colonial-era legacy, analysts unpack what it means for the three troubled […]
Continue ReadingThe Nigerian Gross Domestic Product expanded by 3.46% in the fourth quarter of 2023, propelled by growth in the financial, […]
Continue ReadingThe Federal Government of Nigeria has announced that the $1.1 billion required for the rehabilitation of the country’s ports is […]
Continue ReadingBrothers Saviour and Solomon Iwot have inherited the family rubber business in Cross River State, Nigeria from their 82-year-old father, […]
Continue ReadingIbrahim Adeyanju has been appointed as the new CEO of Galaxy Backbone Limited by President Bola Ahmed Tinubu, marking a […]
Continue ReadingFebruary 22, 2024 A total revenue of N2.068 trillion was collected in the month of January 2024 into the Federation […]
Continue ReadingFebruary 22, 2024 Ogun state governor, Dapo Abiodun, said that the value of the dollar to naira will crash in less […]
Continue ReadingEconomic and Financial Crime Commission (EFCC) officials stormed the illegal Bureau de Change (BDC) market in Wuse Zone 4, Abuja, […]
Continue ReadingThe Nigerian government has unveiled an ambitious plan to create over 100,000 new jobs by May 29, aiming to address […]
Continue ReadingFebruary 22, 2024 The National Bureau of Statistics (NBS) on Thursday, February 22, said the country’s Gross Domestic Product (GDP) grew by […]
Continue ReadingFebruary 22, 2024 The federal government on Thursday, February 23, announced that it has stopped the exportation of Liquefied Petroleum […]
Continue ReadingThe US Dollar supply turnover at Wednesday’s official foreign exchange market witnessed a remarkable 51% surge, reaching $240.72 million, ultimately […]
Continue ReadingFebruary 21, 2024 The African Development Bank under its determined president, Akinwumi Adesina is lifting Africa up with hope for the future. […]
Continue ReadingBismarck Rewane, CEO of Financial Derivatives Company, has advised President Bola Tinubu to reconsider the recent clampdown by the Economic […]
Continue ReadingThe reappearance of long queues at fuel stations in Lagos and the Federal Capital Territory has been attributed to supply […]
Continue ReadingAmid concerns over the steep increase in cement prices, the Nigerian Senate has announced plans to investigate the matter. The […]
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