African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
In its latest International Debt Report, the World Bank revealed that Nigeria and other developing countries disbursed a staggering $443.5 […]
Continue ReadingThe Central Bank of Nigeria (CBN) has forecasted a downward trend in inflation and exchange rates for the year 2024. […]
Continue ReadingIn a concerning turn of events, the Nigerian Naira experienced a significant depreciation against the US dollar in the official […]
Continue ReadingThe Central Bank of Nigeria has issued a crucial directive aimed at curbing online fraud and bolstering consumer confidence. This […]
Continue ReadingThe Nigerian stock market witnessed a momentous surge as the Nigerian Exchange Limited’s All-Share Index (ASI) skyrocketed by 0.55%, breaching […]
Continue Reading— Businesses Urged to Embrace E-Commerce for Growth, Says NEPC Micro, medium, and small-scale enterprises have been urged to embrace […]
Continue ReadingOn a momentous Wednesday, Lagos State Governor Babajide Sanwo-Olu unveiled a bold vision for the future, presenting the esteemed Lagos […]
Continue ReadingAt the heart of Nigeria’s electricity landscape lies a pressing concern: the likelihood of the federal government paying N600 billion […]
Continue ReadingIn a recent revelation, the World Bank has spotlighted Nigeria’s ongoing fuel subsidies, despite the current pump prices not reflecting […]
Continue ReadingOperators of Point of Sale (PoS) shops in Zamfara State are grappling with the adverse effects of the prevailing Naira […]
Continue ReadingAmid the lingering scarcity of the Naira in Nigeria, point-of-sale (PoS) operators have implemented a drastic 100% hike in their […]
Continue ReadingThe United Kingdom has solidified its commitment to Nigeria’s agricultural sector by pledging a substantial $15 million investment through Valency […]
Continue ReadingStakeholders in Nigeria’s Downstream Petroleum sub-sector are offering assurances of an imminent reduction in the pump price of fuel, signaling […]
Continue ReadingThe Bureau of Public Enterprises (BPE) has announced plans to divest the Nigerian government’s stake in Eleme Petrochemicals Company Limited […]
Continue ReadingThe Minister of Finance, Olawale Edun, revealed that the federal government is setting its sights on foreign exchange held outside […]
Continue ReadingIn response to the acute shortage of physical currency in Calabar, Cross River State, Point of Sale (PoS) operators have […]
Continue ReadingThe African Development Bank (AfDB) has commenced a groundbreaking initiative, training key stakeholders to enhance their capabilities in combatting illicit […]
Continue ReadingThe Nigeria Port Authority (NPA) has announced a strategic partnership with the World Bank aimed at revitalizing the country’s ailing […]
Continue ReadingThe pricing of gas utilized by Generation Companies (GenCos) in US dollars has come under scrutiny by the Minister of […]
Continue ReadingThe Corporate Affairs Commission (CAC) has announced its intention to delist a staggering 91,843 companies due to their failure to […]
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