Nigeria faces 4200 cyberattacks weekly in Africa
Nigerian firms are facing the highest volume of weekly cyberattacks in Africa, with an average of 4,200 attacks per week. […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria Budget 2026 Approved with N1512 Dollar Exchange Rate
The Federal Executive Council has approved a crucial budget framework for Nigeria, setting the stage for the country’s economic planning
Lagos Estate Developments Get Final Warning
The Lagos State Government has issued a final warning to estate developments operating without approved layout plans, following the expiration
Venezuela flights suspended amid US military pressure
Two Panamanian airlines, Copa Airlines and its low-cost subsidiary Wingo, have announced the suspension of flights to Venezuela for two
Nigeria Tax Reform Simplifies Levy Structure
The Federal Inland Revenue Service (FIRS) has moved to allay concerns over a proposed 4 percent development levy on imported
AltBank Opens Flagship Branch In Delta State Nigeria
The Alternative Bank, also known as AltBank, has officially launched its flagship branch in Effurun, Delta State, marking a significant
Australia social media ban hits Instagram Facebook
Meta, a tech giant, has announced that it will begin removing users under the age of 16 from Instagram, Threads,
Eterna Plc Raises 21.52 Billion in Rights Issue
Eterna Plc has finalized a rights issue of 978,108,485 ordinary shares at ₦22.00 per share, aiming to raise approximately ₦21.52
Nigeria Monetary Policy Rate Held at 27 Percent Amid Inflation Concerns
The Central Bank of Nigeria has maintained its Monetary Policy Rate at 27 percent, marking the fourth consecutive pause this
Nigeria trade hurdles cripple Lagos ports operations
The Shippers Association of Lagos State has expressed concerns over operational challenges at the Lagos ports, citing multiple levies, illegal
Nigeria Approves 2026-2028 Economic Framework
The Federal Executive Council has approved Nigeria’s 2026-2028 medium-term expenditure framework, outlining the country’s economic outlook, revenue targets, and spending
EU phases out Russian gas imports by 2027 despite opposition
The European Commission and European Parliament have agreed to phase out Russian gas imports by 2027, despite opposition from several