African Business News

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

116562 ngx market cap decreases by n64 billion as 29 stocks experience losses

NGX Market Cap Decreases by N64 Billion as 29 Stocks Experience Losses

By Ifunanya / October 11, 2023

By Chiamaka OkechukwuPublished on October 11, 2023 Tuesday saw a decline of 0.17 percent in transactions on the Nigerian Exchange […]

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116463 nigerias telecom operators consider increasing voice call and data tariffs

Nigeria’s Telecom Operators Consider Increasing Voice Call and Data Tariffs

By Ifunanya / October 11, 2023

Telecommunications operators in Nigeria are considering raising the prices of voice calls, data, and other services. The Association of Licensed […]

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116452 senate to probe rampant crude oil thefts in niger delta

Senate to Probe Rampant Crude Oil Thefts in Niger Delta

By Ifunanya / October 11, 2023

The Nigerian Senate has taken a decisive step towards addressing the rampant issue of crude oil theft in the Niger […]

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109024 cppe urges cbn governor cardoso to swiftly address forex crisis

Reps Committees Meet Central Bank Governor over Naira Depreciation

By Ifunanya / October 10, 2023

The House of Representatives has directed its committees on Banking Regulations and National Security and Intelligence to engage in discussions […]

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Nigerian Government Urged to Conduct Staff Audit

By Ifunanya / October 10, 2023

The House of Representatives has urged the Nigerian government to carry out a forensic audit of its staff to address […]

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116150 fg vows to bolster mining sectors contribution to nigerias gdp

FG Vows to Bolster Mining Sector’s Contribution to Nigeria’s GDP

By Ifunanya / October 10, 2023

The Minister of Solid Minerals Development, Dele Alake, has made a commitment to increase the mining sector’s contribution to Nigeria’s […]

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116132 nnpcl assures stable pms supply with 1 4b litres in stock

NNPCL Assures Stable PMS Supply With 1.4b Litres In Stock

By Ifunanya / October 10, 2023

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPCL, Mele Kyari, says there isn’t any problem within the […]

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116026 nigerian government affirms absence of subsidies stresses cost recovery for imported petrol

Nigerian Government Affirms Absence of Subsidies, Stresses Cost Recovery for Imported Petrol

By Ifunanya / October 10, 2023

In an official statement, the Nigerian government has made it clear that it does not provide subsidies for Petroleum Motor […]

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2023 WPD: NIPOST announces three winners of Letter Writing Competition

By Ifunanya / October 9, 2023

The Nigerian Postal Service, NIPOST, has announced three national winners of the 2023 World Post Day Letter Writing Competition. Sunday […]

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115887 developers call for reduced prices of building materials to address affordability gap

Developers Call for Reduced Prices of Building Materials to Address Affordability Gap

By Ifunanya / October 9, 2023

Stakeholders in the building industry are urging for a reduction in the prices of building materials in order to bridge […]

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Nigerian Government urged to consider persons with disabilities for employment

By Ifunanya / October 8, 2023

The Bible Society of Nigeria has called on the government at all levels to consider persons with disabilities for employment. […]

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NCC calls for more investment in data centre operations

By Ifunanya / October 7, 2023

The Nigerian Communication Commission (NCC) has called for more investment in data centre operations and the need for Nigeria to […]

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FG to kickstart $617.7m investment in digital, creative enterprises in Nov

By Ifunanya / October 7, 2023

Vice President Kashim Shettima has directed the Investment in Digital and Creative Enterprises (i-DICE) team to ensure that the programme […]

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Nasarawa State Youth Revolving Loan Scheme Remains Valid- DG

By Ifunanya / October 6, 2023

The Director General of Nasarawa State Human Capital Development Office, (NSHCDO) Habiba Balarebe Suleiman, has said that the Nasarawa state […]

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114024 telecom sector needs stable financing for sustainability ncc boss

Telecom Sector Needs Stable Financing For Sustainability, NCC Boss

By Ifunanya / October 6, 2023

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta has stated to maintain the expansion within […]

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Nigeria’s active mobile subscribers hit 220m- NCC

By Ifunanya / October 5, 2023

The number of active mobile subscriptions in Nigeria has reached 220,715,961 million as at August 2023. READ ALSO: Nigeria’s Active Mobile […]

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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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