African Business News

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

FG moves to unlock opportunities in digital skills

By Ifunanya / October 5, 2023

The Federal Government on Thursday said it is working to create the enabling environment to unlock opportunities in the digital […]

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113553 nigerian government to support local manufacturers with n75bn

Nigerian Government to support local manufacturers with N75bn

By Ifunanya / October 5, 2023

Vice President Kashim Shettima says the Nigerian authorities will support local manufacturers with N75 billion by March 2024 to strengthen […]

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Retailers shun BUA price reduction announcement, maintain N5,300 per bag in Ibadan

By Ifunanya / October 5, 2023

The price of cement has refused to change in many markets across the country, despite the reported reduction in price […]

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113370 solid minerals will boost nigerias revenue firs boss

Solid Minerals will boost Nigeria’s revenue – FIRS boss

By Ifunanya / October 5, 2023

The Newly appointed Acting Chairman of the Federal Inland Revenue Service, Mr Zachaeus Adedeji says President Bola Ahmed Tinubu’s administration […]

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NGX: Market capitalisation sheds N158bn to close in negative territory

By Ifunanya / October 4, 2023

Toyin AjadiOn Oct 4, 2023 Transactions on the equities market of the Nigerian Exchange closed in the negative territory on […]

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113274 indigenous firms control 60 of domestic gas supply in nigeria ncdmb

Indigenous firms control 60% of domestic gas supply in Nigeria – NCDMB

By Ifunanya / October 4, 2023

Engr Simbi Wabote, Executive Secretary of the Nigerian Content Development and Monitoring Board, NCDMB, says the nation’s indigenous oil firms […]

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113076 commission to engage stakeholders on implementation of fra

Commission to engage stakeholders on implementation of FRA

By Ifunanya / October 4, 2023

The Fiscal Responsibility Commission (FRC) stated it would maintain a Stakeholders  dialogue, on the implementation of sections of the Fiscal […]

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113069 naira slumps by 23 against us dollar in q3 2023

Naira slumps by 23% against US Dollar in Q3 2023

By Ifunanya / October 4, 2023

An evaluation of the overseas alternate market knowledge for the third quarter confirmed that the Naira depreciated by at the […]

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Commission Trains over 150 Nomadic Youths, Women in Skills Acquisition

By Ifunanya / October 3, 2023

Murjanatu Abdullahi, KadunaOn Oct 3, 2023 The National Commission for Nomadic Education (NCNE) has trained 150 nomadic youths and women […]

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NERC begins investigation into electrocution of four persons in Taraba

By Ifunanya / October 3, 2023

The Nigerian Electricity Regulatory Commission says it has commenced investigation into the tragic death of four family members by electrocution […]

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112619 acci charges nigerian government to implement policies for economic revival

ACCI Charges Nigerian Government to Implement Policies for Economic Revival

By Ifunanya / October 3, 2023

Jennifer InahOn Oct 3, 2023 The Abuja Chamber of Commerce and Industry (ACCI) has urged the Nigerian President, Bola Tinubu’s […]

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38020 banking system best option to safeguard your funds ndic to nigerians

NDIC to pay N16.18bn dividends to depositors, stakeholders of 20 liquidated banks

By Ifunanya / October 3, 2023

The Nigeria Deposit Insurance Corporation (NDIC) has introduced declaration of N16.18 billion liquidation dividends to depositors, collectors and shareholders of […]

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112340 food prices surge in august national bureau of statistics reports

Food Prices Continue To Increase In August — NBS

By Ifunanya / October 2, 2023

The National Bureau of Statistics (NBS) has stated that there was a continuous increase in the prices of foodstuffs in […]

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112166 anambra state renames airport after literary icon chinua achebe

Anambra State Renames Airport After Literary Icon Chinua Achebe

By Ifunanya / October 2, 2023

The renowned Anambra State International Passenger and Cargo Airport will now bear the name of the acclaimed Nigerian novelist, Professor […]

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Govts, banks rake in N2.2tn as manufacturers lose N495bn over forex revaluation

By Ifunanya / October 2, 2023

The three tiers of government and commercial banks gained about N2.21 trillion from foreign exchange revaluation revenue. The development comes […]

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111902 bua cement reduces cement prices to n3500 per bag bringing relief to nigerians

BUA Cement reduces cement prices to N3,500 per bag

By Ifunanya / October 1, 2023

The management of BUA Cement Plc has announced a price reduction in ex-factory cement to N3,500 per bag, effective October […]

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111885 kwara state executive council approves n239bn revised budget for 2023

Kwara State EXCO okays N239bn 2023 revised budget

By Ifunanya / October 1, 2023

The Kwara State Executive Council has approved for Governor AbdulRahman AbdulRazaq to present to the State House of Assembly, a […]

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111743 serap files lawsuit against 36 nigerian governors over n72bn subsidy palliative

SERAP Files Lawsuit Against 36 Nigerian Governors Over N72bn Subsidy Palliative

By Ifunanya / October 1, 2023

The Socio-Economic Rights and Accountability Project (SERAP) has taken legal action against the 36 state governors in Nigeria for their […]

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111727 qnet launches compliance hotline on whatsapp to promote transparency in africa

QNET Launches Compliance Hotline on WhatsApp to Promote Transparency in Africa

By Ifunanya / October 1, 2023

QNET, a lifestyle and wellness company that employs a direct selling business model, has recently unveiled a Compliance Hotline on […]

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108043 tinubu commends prof amadi for winning nigeria prize for science

Delta Monarch Urges Tinubu to Restore Rescinded Cement Licenses

By Ifunanya / October 1, 2023

A prominent Delta monarch, King Obukohwo Monday Whiskey, Udurhie I, has passionately appealed to President Bola Tinubu to reinstate the […]

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