Power Outage Alert: AEDC Announces Blackout in Gwarimpa, Abuja
Residents of Gwarimpa, the capital of Nigeria, are facing a major power outage as the… Read More
2 years ago
African Business News
World Bank Report: Internet Access Reduces Extreme Poverty by 7% in Nigeria and Tanzania
A recent report by the World Bank titled "Digital Transformation Drives Development in Africa" reveals… Read More
2 years ago
Global Fossil Fuel Giants Amass $346 Billion in Windfall Profits, Igniting Calls for Climate Action
According to a recent report by ActionAid, 14 fossil fuel companies have collectively amassed a… Read More
2 years ago
Aviation Workers Rally in Support of FAAN Headquarters Relocation to Lagos
The decision by the Federal Airports Authority of Nigeria (FAAN) to move its corporate headquarters… Read More
2 years ago
Central Bank Governor Faces Calls to Resign as Nigerian Naira Plummets
The Centre for Social Justice, Equity, and Transparency (CESJET) has issued a demand for the… Read More
2 years ago
PETROAN Applauds NNPCL’s Invitation for Private Firms to Operate Port Harcourt Refinery
The Petroleum Product Retail Outlet Owners Association of Nigeria, PETROAN, has expressed optimism over the… Read More
2 years ago
Nigeria Government Authorizes Electricity Distribution Companies to Directly Purchase Power from Producers
The Nigerian government has officially granted approval to Electricity Distribution Companies (DisCos) in the country… Read More
2 years ago
Kaduna Electric Confirms No Increase in Electricity Tariff for Customers
In a recent statement, Kaduna Electric, a major power distribution company in the northwest region… Read More
2 years ago
Nigeria’s Non-Oil Exports Decline to $4.5 Billion in 2023
The Nigerian Export Promotion Council (NEPC) revealed that the value of non-oil exports in Nigeria… Read More
2 years ago
TCN explains Power Outage in Gombe, Yola, and Bauchi States
The Transmission Company of Nigeria (TCN) has shed light on the ongoing electricity outages in… Read More
2 years ago
Nigeria Approves GlaxoSmithKline’s Exit from Stock Exchange
In a significant development, the Nigerian government, represented by the Security and Exchange Commission (SEC),… Read More
2 years ago
Naira Surges Against US Dollar, Forex Market Dynamics Unveiled
In an unexpected turn of events, the Nigerian Naira has witnessed a remarkable upturn against… Read More
2 years ago
Lagos Ports’ Struggle Against Corruption Amid Electronic Call-Up System
The introduction of the electronic call-up system, also known as Eto, has transformed the movement… Read More
2 years ago
Intensifying the Fight Against Tax Fraud: ICPC and FIRS Join Forces
In a groundbreaking move, the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and… Read More
2 years ago
Kogi Government Takes Firm Stand, Bans Issuance of Mining Consent Letters
In a bold move, the Kogi State Government has imposed a ban on the issuance… Read More
2 years ago
Nigeria Leads African Oil Production with 1.4 Million Barrels per Day Output, OPEC Reports
Nigeria has solidified its position as the top oil-producing and exporting nation in Africa, with… Read More
2 years ago
Nigeria’s $2 Billion Fibre Infrastructure Fund Attracts Global Investor Interest
The Nigerian government's plan to roll out a $2 billion fibre infrastructure fund has sparked… Read More
2 years ago
Nigeria’s Stock Market Overtakes Argentina as World’s Best
Nigeria's stock market has taken the international financial community by storm, outpacing Argentina to claim… Read More
2 years ago
Combatting Illegal Refineries: Nigerian National Petroleum Company’s Efforts Unveiled
The Nigerian National Petroleum Company Limited (NNPCL) has embarked on a relentless mission to eradicate… Read More
2 years ago
Nigeria Seeks $1.5 Billion in World Bank Aid to Stabilize Economy and Strengthen Budget
Nigeria is actively pursuing a $1.5 billion financial assistance package from the World Bank to… Read More
2 years ago