African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Foreign airlines are facing a mounting challenge in Nigeria as they grapple with a prolonged forex crisis, raising concerns of […]
Continue ReadingThe average price of 5kg of Liquified Natural Gas (LNG), commonly known as cooking gas, has soared by 8.70% to […]
Continue ReadingDangote Cement, a major player on the Nigerian Exchange (NGX), achieved a historic milestone as it became the first company […]
Continue ReadingAt the close of trading on Monday, Dangote Cement’s market capitalisation surged to N10tn, making history on the Nigerian Exchange […]
Continue ReadingThe British Council in Nigeria has announced a significant increase in the fees for the International English Language Testing System […]
Continue ReadingAmid mounting concerns over the $3.3 billion loan secured for the Nigerian Government by the Nigerian National Petroleum Company Limited […]
Continue ReadingIn a monumental achievement, the Nigerian government has successfully welcomed the largest container vessel, “Maersk Edirne,” at the Lekki Deep […]
Continue ReadingThe Presidential Committee on Fiscal Policy and Tax Reforms has taken a significant step towards enhancing Nigeria’s tax system. By […]
Continue ReadingAn unprecedented surge in diesel prices has led to a substantial 35% increase in the expenditure of fueling Nigeria’s communication […]
Continue ReadingThe Kano State Internal Revenue Service has vehemently refuted claims of dismissing eight of its directors, labeling the reports as […]
Continue ReadingThe naira witnessed a marginal depreciation in the foreign exchange market, with data from FMDQ revealing a shift to N902.45 […]
Continue ReadingA recent report by ActionAid has lifted the veil on the staggering profits amassed by fourteen fossil fuel companies over […]
Continue ReadingResidents of Gwarimpa, the capital of Nigeria, are facing a major power outage as the Abuja Electricity Distribution Company (AEDC) […]
Continue ReadingA recent report by the World Bank titled “Digital Transformation Drives Development in Africa” reveals that improved access to internet […]
Continue ReadingAccording to a recent report by ActionAid, 14 fossil fuel companies have collectively amassed a staggering $346.713 billion in profits […]
Continue ReadingThe decision by the Federal Airports Authority of Nigeria (FAAN) to move its corporate headquarters from Abuja to Lagos has […]
Continue ReadingThe Centre for Social Justice, Equity, and Transparency (CESJET) has issued a demand for the resignation of Central Bank of […]
Continue ReadingThe Petroleum Product Retail Outlet Owners Association of Nigeria, PETROAN, has expressed optimism over the Nigerian National Petroleum Company Limited’s […]
Continue ReadingThe Nigerian government has officially granted approval to Electricity Distribution Companies (DisCos) in the country to directly procure electricity from […]
Continue ReadingIn a recent statement, Kaduna Electric, a major power distribution company in the northwest region of Nigeria, assured its customers […]
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