African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria, at the ongoing International Civil Aviation Negotiation (ICAN) Event of the International Civil Aviation Organization (ICAO) in Riyadh, Saudi […]
Continue ReadingAmidst the buzz and fervent discussions at the 28th UN Climate Change Conference (COP28) in Dubai, the Nigerian National Petroleum […]
Continue ReadingAs the global economy continues to navigate the challenges posed by the COVID-19 pandemic, Nigeria’s commitment to enhancing revenue generation […]
Continue ReadingHouse of Representatives Issues Arrest Warrant for CBN Governor and Others The House of Representatives in Nigeria has issued a […]
Continue ReadingUnlocking the Potential: The Call for Offshore Investments in Nigerian Pension Funds Olusegun Aganga, Nigeria’s former Minister of Industry, Trade, […]
Continue ReadingIn a compelling revelation, it has come to light that Femi Gbajabiamila, Chief of Staff to President Bola Ahmed Tinubu, […]
Continue ReadingThe Infrastructure Corporation in Nigeria, InfraCorp, has officially inked a groundbreaking Memorandum of Understanding (MoU) to establish a 1-gigawatt Solar […]
Continue ReadingOnce again, Nigeria’s currency, the Naira, has made significant gains against the US Dollar in the official foreign exchange market. […]
Continue ReadingAs Nigeria grapples with relentless fluctuations in foreign exchange rates, the country’s foreign exchange reserves have contracted by a staggering […]
Continue ReadingOver the past six months, Nigeria’s foreign exchange reserves have experienced a significant decrease, dropping by $1.65 billion to a […]
Continue ReadingThe Nigerian Exchange Limited showed remarkable resilience and made a strong comeback, recording a 0.43% increase on Tuesday to close […]
Continue ReadingIn a surprising turn of events, music streaming behemoth Spotify has announced its intention to trim its workforce by approximately […]
Continue ReadingTo intensify the battle against money laundering, the Central Bank of Nigeria has mandated that all bank customers link their […]
Continue ReadingThis increase contrasts with the N23.37 trillion allocated for capital expenditure during the same period. This budget distribution continues the […]
Continue ReadingWhat is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? […]
Continue ReadingThe Nigerian naira weakened to N1,165 per dollar in the parallel foreign exchange market on Thursday, a N5 decrease from […]
Continue ReadingThe Nigerian naira saw a marginal drop in value to N927.19 per dollar at the Nigerian Autonomous Foreign Exchange Market […]
Continue ReadingThe exchange rate for the US dollar to Nigerian Naira stands at N1162 for buying and N1165 for selling in […]
Continue ReadingThe black market exchange rate for the dollar to naira, also known as the parallel market rate (Aboki fx), reflects […]
Continue ReadingGovernor Abdullahi Sule of Nasarawa State has taken a significant step in steering the state towards development by presenting the […]
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