African Business News

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

Dollarized corruption reason for crumbling Naira – Economist Nnachi

By Ifunanya / September 26, 2023

Dr Onuoha Nnachi, an economist, says dollarized corruption is the reason for the foreign exchange crisis in Nigeria. Nnachi, the […]

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109456 nuee criticizes power minister adebayo for neglecting stakeholders

NUEE Criticizes Power Minister, Adebayo, for Neglecting Stakeholders

By Ifunanya / September 26, 2023

Dominic Igwebike, the Acting General Secretary of the National Union of Electricity Employees (NUEE), has expressed disappointment with the Minister […]

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109424 equities market opens trading week with bearish performance

Equities market opens trading week bearish

By Ifunanya / September 26, 2023

Salamatu Ejembi, Lagos Last updated Sep 25, 2023 The Nigerian equities market commenced this week’s trading activities with a bearish […]

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109231 cppe urges cbn governor to urgently address forex crisis in nigeria

CPPE Urges CBN Governor to Urgently Address Forex Crisis in Nigeria

By Ifunanya / September 25, 2023

The Centre for the Promotion of Private Enterprise (CPPE) has called upon the newly appointed Governor of the Central Bank […]

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Ooni of Ife calls for clamp down on Dollar hoarders

By Ifunanya / September 25, 2023

The Federal Government has been advised to clamp down on Nigerians who engage in hoarding Dollars. The Ooni of Ife, […]

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109024 cppe urges cbn governor cardoso to swiftly address forex crisis

CPPE Urges CBN Governor Cardoso to Swiftly Address Forex Crisis

By Ifunanya / September 25, 2023

The Centre for the Promotion of Private Enterprise (CPPE) has called on Olayemi Cardoso, the newly appointed Governor of the […]

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108973 foreign investors to benefit from fct ministers promised better deal

FCT Minister promises better deal to foreign investors

By Ifunanya / September 24, 2023

By Hudu Yakubu AbujaLast updated Sep 24, 2023 The authority of the Federal Capital Territory Administration, FCTA, has assured foreign […]

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108841 nigerian government launches national talent export programme to boost job creation

Nigerian Government Launches National Talent Export Programme to Boost Job Creation

By Ifunanya / September 24, 2023

The Nigerian government has recently introduced the National Talent Export Programme (NATEP), a strategic initiative aimed at creating one million […]

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11 banks generated N72.7bn from account maintenance charges in H1 2023

By Ifunanya / September 24, 2023

Eleven commercial banks listed on the floor of the Nigerian Exchange, generated N72.723 billion from account maintenance charges in the […]

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FG Launches National Talent Export Programme to Tackle Unemployment

By Ifunanya / September 24, 2023

The Federal Government has taken a significant step towards addressing the issue of unemployment in Nigeria with the inauguration of […]

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108618 achieve higher revenue through the establishment of consolidated taxpayer database expert urges cross river state government

Establish Consolidated Taxpayer Database for Increased Revenue – Expert

By Ifunanya / September 23, 2023

The Cross River State Government has been urged to leverage on technology for the establishment of a consolidated taxpayer database […]

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Nigeria Set to Generate N185 Billion Revenue in 2023 from Asset Concessions, Says ICRC

By Ifunanya / September 23, 2023

The Infrastructure Concession Regulatory Commission (ICRC) has revealed that the concession of assets in Nigeria will generate approximately N185.2 billion […]

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108428 afdbs support for nigeria applauded by minister for budget and economic planning

AFDB’s Support for Nigeria Applauded by Minister for Budget and Economic Planning

By Ifunanya / September 23, 2023

Senator Abubakar Bagudu, Nigeria’s Minister for Budget and Economic Planning, has expressed his appreciation for the African Development Bank’s (AFDB) […]

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108384 unga 78 tinubu calls for sustainable environment to boost agricultural investment in africa

UNGA 78: Tinubu Calls for Sustainable Environment to Boost Agricultural Investment in Africa

By Ifunanya / September 23, 2023

The President of Nigeria, Bola Tinubu, has highlighted the crucial need for creating a sustainable environment that fosters investment opportunities […]

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108243 investor sentiment turns bearish as ngx closes on a downward trend

Investor Sentiment Turns Bearish as NGX Closes on a Downward Trend

By Ifunanya / September 23, 2023

By Chiamaka Okechukwu, Last updated Sep 22, 2023 Nigeria’s stock market ended the week on a bearish note, with the […]

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Cardoso Assumes Office as CBN Governor Amidst Crumbling Naira

By Ifunanya / September 23, 2023

The Central Bank of Nigeria (CBN) has appointed Olayemi Cardoso as the new governor, who officially assumed duty on Friday […]

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108119 expert calls for recapitalization of bdcs to enhance supervision

Expert Calls for Recapitalization of BDCs to Enhance Supervision

By Ifunanya / September 22, 2023

In a bid to stabilize the foreign exchange market and strengthen the naira, Professor Uche Uwaleke, an esteemed finance and […]

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105838 sokoto borno nasarawa least expensive states in nigeria nbs

Abia, Niger, and Abuja Lead in Highest Diesel Prices, Reports NBS

By Ifunanya / September 22, 2023

In a recent report by the National Bureau of Statistics (NBS), it has been revealed that Abia, Niger, and the […]

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107936 cbn unveils licensing approvals portal for microfinance banks

CBN Unveils Licensing, Approvals Portal For Microfinance Banks

By Ifunanya / September 22, 2023

CBN Unveils Licensing, Approvals Portal For Microfinance Banks Elizabeth Christopher, Abuja The Central Bank of Nigeria (CBN) has recently introduced […]

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105838 sokoto borno nasarawa least expensive states in nigeria nbs

How Petrol Prices Increased from 2022 – NBS

By Ifunanya / September 22, 2023

The National Bureau of Statistics (NBS) has reported that the average retail price of a litre of petrol surged from […]

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