African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
The Senate Committee on Banking, Insurance, and Financial Institutions has called Central Bank of Nigeria Governor Olayemi Cardoso and other […]
Continue ReadingFebruary 9, 2024 A political economist, Prof. Pat Utomi, has blamed the Central Bank of Nigeria for contributing to the […]
Continue ReadingFebruary 9, 2024 A new cement factory is set to commence operations in Ethiopia to compete with Dangote Cement and […]
Continue ReadingThe Netherlands government has established an advisory board with the aim of advancing Nigeria’s transition to cleaner energy, with a […]
Continue ReadingThe economic hardship in Nigeria has led to severe ramifications for pensioners as the Nigerian Union of Pensioners (NUP) reveals […]
Continue ReadingTotalEnergies has revealed its intention to sell off its minority share in the Shell Petroleum Development Company of Nigeria Limited […]
Continue ReadingInvestors in the equity market experienced a significant setback, losing approximately N481 billion as the market continued to exhibit a […]
Continue ReadingAmid economic challenges, President Bola Tinubu unveiled a groundbreaking ceremony for the construction of a 3,112 housing unit project in […]
Continue ReadingThe World Bank has pledged to invest over $15 billion in support of 30 development projects aimed at alleviating poverty […]
Continue ReadingIn response to circulating speculations, the Nigerian National Petroleum Company Limited (NNPC) has unequivocally denied any impending rise in the […]
Continue ReadingFebruary 8, 2024 A Federal High Court sitting in Ikoyi, Lagos, yesterday ordered the Federal Government to fix the prices of […]
Continue ReadingFeb 8, 2024 Commercial Okada riders, have cried out over what they describe as the extortion exacted on them by […]
Continue ReadingIn December 2023, Nigerian Electricity Regulatory Commission (NERC) announced that electricity distribution companies had metered 43,631 new power consumers. This […]
Continue ReadingThe Central Bank of Nigeria achieved a groundbreaking feat by selling a record N1 trillion worth of treasury bills at […]
Continue ReadingUnited Capital Group, an asset management company, has voiced its approval of the Central Bank of Nigeria’s decision to engage […]
Continue ReadingThis is a challenging time for many Nigerians, particularly the lower-income citizens. The price of bread, which has traditionally been […]
Continue ReadingThe Economic and Financial Crimes Commission (EFCC) has established a Special Task Force across its Zonal Commands to crackdown on […]
Continue ReadingThe Nigeria Inter-Bank Settlement System (NIBSS) reported a significant surge in cashless transactions, reaching a record N611.06 trillion in 2023, […]
Continue ReadingIn the wake of a digital revolution, Nigeria’s cashless transactions have skyrocketed to an impressive N611.06 trillion in 2023, marking […]
Continue ReadingIn a recent statement, Timipre Sylva, a former Bayelsa State Governor, expressed unwavering confidence in the potential sweeping impact of […]
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