Nigerian Electricity Regulatory Commission urges industry compliance
The Nigerian Electricity Regulatory Commission (NERC) has emphasized the importance of adherence to operational standards in the power sector, urging […]
African Business News
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria Launches Tax Reform Committee for Economic Growth
The Federal Government of Nigeria has taken a significant step towards modernizing its tax system with the inauguration of the
African Business News
Australia social media ban starts for teenagers
Australia is set to implement a world-first social media ban, with Prime Minister Anthony Albanese announcing that teenagers under 16
Corporate governance expert Funmi Ekundayo becomes CSIA President
Funmi Ekundayo, a seasoned governance expert and corporate executive, has been appointed as the new President of the Corporate Secretaries
African Business News
China invests $80bn in cleantech overseas
Nigeria is among the countries benefiting from China’s $80 billion investment in clean technology overseas, according to a report by
African Business News
Nigeria Power Grid Restored with 450MW Geregu Plant
The Niger Delta Power Holding Company (NDPHC) has successfully restored 450 megawatts (MW) of generation capacity to the national grid
African Business News
US China chip war escalates with Nvidia deal
The United States and China have been engaged in a prolonged dispute over the export of advanced semiconductors, with significant
Naira depreciation continues against dollar
The Nigerian naira began the week on a downward trend, depreciating against the United States dollar in both official and
Bitcoin price risks first annual decline since 2022
Bitcoin’s value is at risk of declining for the first time since 2022, following a year of record highs and
Nigeria BDC Operators: CBN Approves 82 Licensed Bureau De Change
The Central Bank of Nigeria (CBN) has announced that only 82 Bureau De Change (BDC) operators currently hold valid licenses
African Business News
Australia social media ban sparks Reddit compliance
Australia’s landmark social media ban for under-16s has been condemned by online discussion site Reddit as “legally erroneous.” The ban,
Nigeria Oil Block Bidding Costs Reduced Again
The Nigerian government has reduced the signature bonus for oil block bidders to a range of $3 million to $7