African Business News

Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.

Nigeria’s President Bola Ahmed Tinubu Sets Sights on Arab Investment

By Ifunanya / November 5, 2023

Nigeria’s President, Bola Ahmed Tinubu, is embarking on a mission to attract more foreign direct investment from the Arab nation […]

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125694 fg plans to establish special police force to combat illegal mining

FG Plans to Establish Special Police Force to Combat Illegal Mining

By Ifunanya / November 5, 2023

The Federal Government of Nigeria has revealed its intention to create a dedicated police outfit tasked with addressing the issue […]

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125579 festus keyamo urges aviation ministry ceos for support and 100 performance

Festus Keyamo Urges Aviation Ministry CEOs for Support and 100% Performance

By Ifunanya / November 5, 2023

The Minister of Aviation and Aerospace Development, Festus Keyamo, recently sent a strong message to chief executives of agencies under […]

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Financial Bodies Introduce Certification Programmes For Finance Professionals

By Ifunanya / November 4, 2023

The Chartered Institute of Bankers of Nigeria (CIBN) and Lagos Business School (LBS), have collaborated to launch novel dual qualification […]

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Tinubu pledges support to unlock MSME potentials

By Ifunanya / November 4, 2023

President Bola Ahmed Tinubu says his administration is committed to providing the necessary support for Micro, Small, and Medium Enterprises […]

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125178 imf warns african countries over economic ties with china as nigerias chinese debt rises to 4 73bn

IMF warns African countries over economic ties with China as Nigeria’s Chinese debt rises to $4.73bn

By Ifunanya / November 4, 2023

The International Monetary Fund (IMF) has issued a cautionary note to Nigeria and other countries in Sub-Saharan Africa regarding the […]

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Nigerian Army, Petroleum Regulatory Agency Partner to Ensure Successful Operations in the North East

By Ifunanya / November 4, 2023

The Theatre Commander Joint Task Force (JTF) North East Operation HADIN KAI, Major General Gold Chibuisi, with the Regional Coordinator […]

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House Committee to Review Implementation of Petroleum Industry Act

By Ifunanya / November 4, 2023

The House Committee on Petroleum Resources (Downstream) has announced that it will conduct a thorough review of the implementation of […]

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125082 price hike leaves nigerians disgruntled as dstv increases subscription fees again in 2023

Price Hike Leaves Nigerians Disgruntled as DSTV Increases Subscription Fees Again in 2023

By Ifunanya / November 4, 2023

In a move that has added to the financial burdens of many Nigerians, Multichoice, the parent company of DSTV Nigeria, […]

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Central Bank of Nigeria Assures Ample Supply of Naira Notes

By Ifunanya / November 3, 2023

The Central Bank of Nigeria (CBN) has quashed claims of an insufficient stock of Naira notes in circulation throughout the […]

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124953 naira sells at n880 1 in binance p2p market

Naira sells at N880/$1 in Binance P2P market

By Ifunanya / November 3, 2023

Nigeria’s forex, the Naira, appreciated N880/$1 on Binance, a crypto platform at mid-day Friday. The determine represented an N118.6 lower […]

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AFNIS2023: Stakeholders Promise To Harness Africa’s Natural Resources To Boost Development

By Ifunanya / November 2, 2023

By: Bitrus Kozah The second African Natural Resource and Energy Investment Summit (AFNIS) concluded in Abuja, Nigeria’s capital, with stakeholders […]

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124728 power outage in imo state eedc cites workers industrial action as cause

EEDC gives reason for power outage in Imo

By Ifunanya / November 2, 2023

The Enugu Electricity Distribution Company, EEDC, has blamed the power outage in Imo State on industrial action by workers. Emeka […]

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Niger Delta Development Commission Commits to Strengthening Governance

By Ifunanya / November 2, 2023

The Niger Delta Development Commission (NDDC) has made a firm commitment to prioritize governance in its efforts to bring about […]

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Supplying Crude Oil to Dangote Refinery: A National Shame, Says NUPRC

By Ifunanya / November 2, 2023

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has expressed deep concerns over the failure of Dangote Refinery and other domestic […]

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House of Representatives Embarks on Budget Defense Sessions with Service Chiefs and Ministers

By Ifunanya / November 2, 2023

In a significant move following President Tinubu’s transmission of the N2,176,791,286,033 Supplementary Appropriation Bill to the National Assembly, the House […]

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World Bank Commits to Assisting Nigeria in Poverty Alleviation Efforts

By Ifunanya / November 1, 2023

The World Bank has pledged its unwavering support to Nigeria in its mission to eradicate poverty and empower its citizens. […]

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Tinubu seeks Senate approval of $7.8bn, $100m 2022-2024 borrowing plan

By Ifunanya / November 1, 2023

President Bola Tinubu has asked the Senate to approve the sums of $7.8 billion and €100 million in his administration’s […]

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Nigeria Partners with UNIDO to Drive Industrialisation and Reduce Unemployment

By Ifunanya / November 1, 2023

The Nigerian government has expressed interest in collaborating with the United Nations Industrial Development Organisation (UNIDO) to promote industrialisation and […]

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124221 tinubu unveils ambitious plan to introduce one million cng vehicles nationwide jpg

Tinubu Unveils Ambitious Plan to Introduce One Million CNG Vehicles Nationwide

By Ifunanya / November 1, 2023

In a groundbreaking move towards sustainability and economic development, President Bola Ahmed Tinubu has announced plans to introduce one million […]

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