NNPCL fraud scandal: Oshiomhole slams GMD over N210tn unaccounted fund
Senator Adams Oshiomhole has criticized the Group Managing Director of the Nigerian National Petroleum Corporation Limited, Bayo Ojulari, for allegedly […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
African Business News
Nigeria Capital Gains Tax Reform To Exempt Most Investors
The Nigerian government is set to implement reforms to the Capital Gains Tax (CGT) in a bid to increase revenue,
African Business News
Nigeria NGX sell-off not due to Trump comments
The Nigerian government has downplayed the impact of US President Donald Trump’s comments on the country’s capital market, stating that
African Business News
Nigeria Energy Reform Requires Urgent Efficiency Overhaul
Renaissance Africa Energy Company Limited is calling for a comprehensive overhaul of operational efficiency and accelerated upskilling of Nigeria’s youthful
African Business News
Nigeria Energy Access Key to Prosperity Says Seplat
Nigeria must prioritize an affordable, reliable, and accessible energy regime to build a prosperous nation, according to Seplat Energy PLC.
Nigeria poverty remains high due to low social protection budget
Nigeria’s social protection budget allocation has had a negligible impact on reducing poverty, according to a recent World Bank report.
African Business News
Nigeria Banks Capital Adequacy Ratio Drops
The Central Bank of Nigeria (CBN) has reported a decline in the capital adequacy ratio (CAR) of the banking industry
African Business News
Electric Vehicle Sales Rise 23% in October
Global electric vehicle sales surged 23% in October to 1.9 million units, driven by robust demand in major markets. According
Nigerian Stock Market Crashes With N4.6tn Loss
The Nigerian stock market experienced its largest single-day loss in history, with a staggering N4.6 trillion wiped off investors’ wealth.
Naira Depreciates Further Against Dollar
The Nigerian Naira has continued its downward trend against the United States dollar, recording its second consecutive decline at the
African Business News
Renewable energy expands faster than fossil fuels globally
The International Energy Agency (IEA) has reported that renewable energy is expanding at a faster rate than fossil fuels globally,
African Business News
Google Maps Western Sahara Border Dispute
Google has denied altering its Maps service to remove the border between Western Sahara and Morocco for users in the